Postcode District:
EC1A
Postcode District Name:
City Of London
Location:
The EC1A postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Aldersgate, Barbican Station, Bunhill, Castle Baynard, City Of London, Clerkenwell, Farringdon Within, Farringdon Without, Islington, London.
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Amenities:
Notes:
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A Mouseprice property guide for EC1A City Of London is coming soon. In the meantime, please have a look at the raw data and statistics about EC1A that can be found by click the relevant links on the left hand side.
Old area guide:
The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.
Market trends:
 The size of the property market in EC1A is 374 homes.
When growth averages 9.2% over a 5 year period, as in this postcode district, there are a number of possible explanations, for example that this isan area which has invested in improving housing stock, transport links or other local infrastructure. It may also suggest proximity to an area of economic growth such as one of the financial clusters (London, Leeds, Bristol etc.) or strong local presence in growth industries (for example investment in university facilities, attractiveness of an area to IT companies or other knowledge- based organisations).
During the last 3 months, property in this postcode district has averaged a value of £330496.
When examining the ability of consumers to further extend themselves in the face of increasing property prices, many commentators pay close attention to the price earnings ratio. Price Earnings Ratio in this postcode district is 10.4. Places like this represent the “well- heeled” districts of each postcode area. Although recently there have been some spectacular price increases in more expensive areas, in general, prices appreciate slowly in more expensive places because there is less demand for more expensive properties, and the turnover of them is slower because they are not commonly used as investment property.
New transactions as a percentage of overall sales are 51.1%.
Housing stock:
Over half of the properties in the area are Flats, at 94.4% of the total housing stock.
Detached Houses account for the lowest percentage of the housing stock in this district, at only 0.8%.
The property in this area caters well for retirees and young couples who do not have large families.
Socially rented accommodation represents only a small percentage of rented accommodation in the area at 7.2%.
Most of the rented accommodation in this area is privately rented.
The average price of a two bed property in this area is higher than the national average of £187894 at £415000.
Who lives here:
The population of this postcode district is 540.
The average age in this area is 33.
Single people make up 63.9% of the population in this postcode district.
People here work very hard – men work, on average, 49 hours per week, whilst women work for 8 hours less.
This area has 13.8 people per square kilometre.
The largest source of work in this area is Real Estate (24.7% of workers), followed by Financial Intermediation (19.6%).
This area has one of the highest proportions of degree educated people in the country, at 63.7%.
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