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As we are a specialist Property Management Company in London, we wanted to provide insight into one of our main geographical areas of property management as well as the location of our office, the Borough of Islington.
Islington, with an area of 14.86 km², stemming from Crouch Hill, Finsbury and Archway in the north to Angel and Old Street in the south. The borough has an estimated population of 215,667 people. Islington is in fact the most densely populated local authority area in England and Wales with approximately 14,000 people per km².
Islington, originally called ‘Isendone’ as noted in the Doomsday Book of 1086 was historically owned by religious institutions. It has been documented as an overnight stop for traders of livestock heading to Smithfield market who used the modern day ‘Liverpool Road’ as the main route of passage.
After the dissolution of the monasteries around 1540, the area was given to aristocratic families with property development remaining relatively flat up until the 19th Century with an estimated 325 houses recorded in 1708 growing to 1,745 in 1801. During the 19th Century Islington saw a large increase in its development rate and population size with an increase from 10,212 to 319,143 from the start to the end of the 1800’s.
According to Zoopla statistics, the current sale values in Islington are:
Property Type | Average current value | Average £ per sq ft | Average number of beds |
Detached | £1,459,728 | £889 | 3.4 |
Semi-detached | £1,309,824 | £1,206 | 3.8 |
Terraced | £1,205,004 | £862 | 3.1 |
Flat | £727,119 | £932 | 1.9 |
With the current rental values being:
Property Type | 1 Bed | 2 Bed | 3 Bed |
House | £2,391 pcm | £3,850 pcm | £4,380 pcm |
Flat | £2,353 pcm | £3,192 pcm | £5,320 pcm |
Islington has always been an area with a consistent level of developments being constructed. We have highlighted a few of the latest below:
We asked our Managing Director, Michael Paul, why he likes Islington:
Islington, from back in 11th Century has had a long history with the traditional pub and whilst there are some that even remain today, with the Old Red Lion pub near Angel Station which opened its doors in 1415, Islington is now a true mix of the traditional and modern. You will also find a great mix of restaurants serving every cuisine imaginable from American/Mexican ‘tex-mex’ to the more classical French bistro.
Known for being the home of many city workers, Islington has a thriving business hub leading to many residential developments being built to sustain the boroughs growth. The borough’s properties are as diverse as its residents ranging from modern, purpose built apartments to converted Georgian townhouses overlooking beautiful squared gardens.
Being a Property Managing Agent based in the City of London, we specialise in the management of both purpose built and converted blocks of flats across the whole borough of Islington.”
As we mentioned before, Islington is awash with fantastic independent coffee shops and as such we have compiled our Top 3 favourites for you to explore and enjoy:
With you morning coffee run now sorted, we have taken a look at the Top 3 restaurants in Islington:
Strangford Management is a specialist London Property Management company. We cover all areas of London from our office in the City including Islington and surrounding areas. We micromanage buildings within our portfolio using technical data analysis providing a personal, experienced and reliable level of customer service to our clients.
Contact Strangford Management today to become part of our portfolio and enjoy the levels of management only available to our clients.
Telephone: 0207 686 6490 Email: office@strangfordmanagement.com
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