EC4N (City Of London) area guide

EC4N
City Of London
The EC4N postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Candlewick, Cannon Street Station, Cheap, City Of London, Clerkenwell, Cordwainer, Dowgate, Langbourn, London, Mansion House Station, Vintry, Walbrook.
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Notes:

A Mouseprice property guide for EC4N City Of London is coming soon. In the meantime, please have a look at the raw data and statistics about EC4N 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commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date.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:

East Central London propertyThe size of the property market in EC4N is 70 homes.

East Central London propertyWhen 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).

East Central London propertyThe average property in this postcode district was valued at £5670749 over the last 3 months.

East Central London propertyWhen 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 286.9.

East Central London propertyNew transactions as a percentage of overall sales are 0%.

Housing stock:

City Of London propertyOver half of the properties in the area are Flats, at 100% of the total housing stock.

City Of London propertyFor those buyers keen to purchase Detached Houses, this would not be an ideal area, because only 0% are this type.

City Of London propertyThe property in this area caters well for retirees and young couples who do not have large families.

City Of London propertySocially rented accommodation represents only a small percentage of rented accommodation in the area at 4.3%.

City Of London propertyThe majority of property in this area is privately rented.

Who lives here:

City Of London propertyThe population of this postcode district is 108.
City Of London propertyThe average age in this area is 30.
City Of London propertySingle people make up 55.6% of the population in this postcode district.
City Of London propertyPeople here work very hard – men work, on average, 49 hours per week, whilst women work for 4 hours less.
City Of London propertyThis area has 4.3 people per square kilometre.
City Of London propertyJob prospects in this area are good with low unemployment (0%). Most jobs are found in the Health & Social Work and Real Estate sectors.
City Of London propertyThis area has one of the highest proportions of degree educated people in the country, at 57.6%.