Canonbury

A Popular Islington Neighbourhood you can Settle In

Area Guide For Canonbury

Being a part of the London Borough of Islington itself is an attraction, which makes Canonbury a popular residential neighbourhood. You will find clean streets, large housing estates and a more urban feel than the nearby Barnsbury area. The area is favored by professionals, especially lawyers and media people, and there are good transport links. On the downside, property in the area can be quite pricey if you compare other neighbourhoods in the vicinity.

 
 

Tags

Family Friendly
Residential
Schools
Transport
Islington

Overview

  • The Neighbors

    You can easily find family homes, flats and apartments, depending on your needs. If you're looking for the best, Canonbury Square is where you should go.

  • Ideal for

    People who are looking for a neighbourhood to settle in, and can afford somewhat expensive properties.

  • Deal Sealer

    Clean streets and nearby facilities.

  • Not for

    People who want affordable housing.

  • You will Like

    Nearby schools, transport links and restaurants.

Canonbury Map

Estimated Price: £884,398
Average Asking Price: £994,578
Price change in last one year: £91,486
Average Price Paid: £623,962
Average Rent Rates: £2,346

 
 

Property Prices Breakdown in Canonbury

Average Price for property in Canonbury is around £884,398 which varies based on type of property you are interested in and ranges from £2,014,998 for detached house to around £2,181,773 for semi-detached. Similarly terraced house is around £1,462,592 and a flat is worth £621,646. Values have been changing and have risen £7,126 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £18,217 in last 6 months, £91,486 in last 1 year, £179,412 in last 2 years, £199,232 in last 3 years, £208,455 in last 4 years and £228,752 in last 5 years.

Currently average asking price of a property in Canonbury is around £994,578 based on approximately 157 properties for sale. Same is the case with rental options based on 166 properties up for rent, average asking rent is around £2,346 per month.

Estimated property value in Canonbury is £884,398. Average asking price is £994,578 while average price paid is £727,195 which is up by £91,486 and Avg. asking rent £2,346.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Canonbury area. In last 1 year alone average price buyer paid is around £727,195 based on approximately 157 sales in Canonbury area alone. If you compare it to last 3 years sales of 600 properties where buyers paid around £675,983. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £623,962 for 1,095 and average amount paid for purchase of approx. 1,491 properties sold in last 7 years comes to about £584,089 per sale.

 
 

Properties For Sale in Canonbury

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £483,317, £962,500 for a 2 bedroom house, £1,523,571 for a 3 bedroom house, £1,857,429 for a 4 bedroom house and £3,925,000 for a 5 bedroom house. For a flat similarly the prices varies from £432,247 for a single bedroom to £728,989 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,127,000 and £1,600,000 for a 4 bedroom flat. To sum up the asking prices for properties in Canonbury it comes to around average £438,140 for 1 bedroom property, £750,217 for 2 bedroom, £1,358,333 for 3 bedroom, £1,840,267 for 4 bedroom and £3,925,000 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £1,352 for 1 bedroom to £2,648 for 2 bedrooms, £3,662 for 3 bedrooms, £6,500 for 4 bedrooms and £6,500 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,631. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,372, £2,561 for 3 bedroom and £3,088 for 4 bedroom. You should be generally be expecting around average £1,624 rent per month for single bedroom property, £2,387 for 2 bedroom, £3,045 for 3 bedroom, £4,794 for 4 bedroom and approximately £6,500 for a 5 bedroom property in Canonbury area.

Popular Houses in Canonbury

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Sold Properties in Canonbury

Sum it all up

 The Good

- Variety of properties on offer
- Good transport links
- Schools nearby
- Clean streets
- Proximity to Angel, Islington

 Best For

- Singles
- Couples
- Families
- Professionals

 The Bad

- Pricey properties
- Secondary schooling options aren't the best

Transportation in Canonbury

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