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House Prices in EC1Y

The average house price in EC1Y (London) is £725,000 using HM Land Registry data.

The average property price decreased by £449,897 (-11.99%) over the last 5 years and decreased by £90,145 (-2%) over the last 12 months.

Over the last year, there were 17 residential property sales – a decrease of 9 transactions (-52.94%) relative to the previous year. The majority of house sales (9) were in the £230,000 - £674,000 range. Then came properties in the £674,000 - £1,118,000 range, where 7 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 42 days to sell (from being listed to completion) and the average difference between asking and sold prices is £0 (0%).

In Oct 24, there were 6 new estate agency instructions, 10 agreed home sales and 5 property price reductions.

5-Year Average Property Prices in EC1Y (London)

11.99%

Property prices in London increased by 11.99% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in EC1Y (London) Over the Last Year

Property prices in London increased by 2% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for EC1Y (London) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in EC1Y (London)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in EC1Y (London)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in EC1Y (London)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the EC1Y (London) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the EC1Y postcode area since 1995.

Recent Sales in EC1Y (London)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Flat 3, Bayer House, Golden Lane Estate, London, Greater London, EC1Y 0RN	£750,000	£745,000	-£5,000	20 Dec 2023	28 May 2024	160 Days
Flat 12, Braithwaite House, Bunhill Row, London, Greater London, EC1Y 8NE	£535,000	£517,000	-£18,000	21 Nov 2023	10 May 2024	171 Days
Flat 22, Bayer House, Golden Lane Estate, London, Greater London, EC1Y 0RN	£750,000	£750,000	£00	05 Sep 2023	01 Mar 2024	178 Days
Flat 43, Hatfield House, Golden Lane Estate, London, Greater London, EC1Y 0SU	£835,000	£800,000	-£35,000	25 Aug 2023	13 Dec 2023	110 Days
Flat 38, Quaker Court, Banner Street, London, Greater London, EC1Y 8QB	£650,000	£610,000	-£40,000	28 Jul 2021	14 Aug 2023	747 Days
Flat 41, Basterfield House, Golden Lane Estate, London, Greater London, EC1Y 0TR	£725,000	£650,000	-£75,000	09 Jun 2022	21 Apr 2023	316 Days
Flat 53, Cullum Welch House, Golden Lane Estate, London, Greater London, EC1Y 0SH	£350,000	£325,000	-£25,000	01 Mar 2021	24 Feb 2022	360 Days
Flat 30, Basterfield House, Golden Lane Estate, London, Greater London, EC1Y 0TP	£720,000	£715,000	-£5,000	07 Sep 2021	16 Feb 2022	162 Days
Flat 338, Crescent House, Golden Lane Estate, London, Greater London, EC1Y 0SN	£415,000	£400,000	-£15,000	15 Jun 2021	20 Jan 2022	219 Days
Flat 18, Basterfield House, Golden Lane Estate, London, Greater London, EC1Y 0TN	£750,000	£700,000	-£50,000	22 Jun 2021	22 Nov 2021	153 Days
Flat 8, Quaker Court, Banner Street, London, Greater London, EC1Y 8QA	£650,000	£640,000	-£10,000	20 Oct 2020	22 Sep 2021	337 Days
Flat 15, Stanley Cohen House, Golden Lane Estate, London, Greater London, EC1Y 0RL	£599,000	£513,500	-£85,500	13 Aug 2020	22 Jun 2021	313 Days
Flat 25, Bayer House, Golden Lane Estate, London, Greater London, EC1Y 0RN	£750,000	£750,000	£00	12 Jun 2020	30 Mar 2021	291 Days
Flat 204, Crescent House, Golden Lane Estate, London, Greater London, EC1Y 0SL	£650,000	£616,000	-£34,000	11 Dec 2020	26 Mar 2021	105 Days
Flat 8, Cullum Welch House, Golden Lane Estate, London, Greater London, EC1Y 0SQ	£335,000	£300,000	-£35,000	05 Oct 2020	20 Nov 2020	46 Days
Flat 1, Bowater House, Golden Lane Estate, London, Greater London, EC1Y 0RJ	£675,000	£663,000	-£12,000	30 Jun 2020	30 Oct 2020	122 Days
Flat 9, Farriers House, Errol Street, London, Greater London, EC1Y 8TB	£600,000	£585,000	-£15,000	16 Jan 2020	15 Jul 2020	181 Days
Flat 32, Stanley Cohen House, Golden Lane Estate, London, Greater London, EC1Y 0RL	£525,000	£507,500	-£17,500	18 Apr 2019	14 Aug 2019	118 Days
Flat 18, Great Arthur House, Golden Lane Estate, London, Greater London, EC1Y 0RD	£450,000	£424,000	-£26,000	05 Feb 2019	29 Mar 2019	52 Days
Flat 27, Stanley Cohen House, Golden Lane Estate, London, Greater London, EC1Y 0RL	£520,000	£478,000	-£42,000	13 Sep 2018	08 Feb 2019	148 Days

Most Expensive Streets in EC1Y (London)

Postcode	Street	Area	Average	No. of Sales
EC1Y 8RQ	Mallow Street	London	£1,107,500	4
EC1Y 0UJ	Baltic Street East	London	£1,013,333	3
EC1Y 0AD	Golden Lane	London	£990,803	79
EC1Y 8RT	Featherstone Street	London	£940,000	4
EC1Y 8JU	Banner Street	London	£883,333	6
EC1Y 8AG	Featherstone Street	London	£813,038	13
EC1Y 1AF	City Road	London	£740,750	4
EC1Y 0RN	Bayer House, Golden Lane Estate	London	£726,250	4
EC1Y 2AN	City Road	London	£720,000	4
EC1Y 2AN	City Road	London	£720,000	4

Least Expensive Streets in EC1Y (London)

Postcode	Street	Area	Average	No. of Sales
EC1Y 8QL	Whitecross Street	London	£372,333	3
EC1Y 0SN	Crescent House, Golden Lane Estate	London	£423,000	4
EC1Y 8TD	Whitecross Street	London	£443,816	3
EC1Y 8NE	Braithwaite House, Bunhill Row	London	£454,000	3
EC1Y 8TE	Shire House, Lambs Passage	London	£477,833	3
EC1Y 8QB	Quaker Court, Banner Street, London	London	£485,000	3
EC1Y 8JL	Whitecross Street	London	£620,826	17
EC1Y 8LP	Bunhill Row	London	£652,500	4
EC1Y 8QW	Bunhill Row	London	£675,833	6
EC1Y 8QW	Bunhill Row	London	£675,833	6