North London Property Market 2025 So Far – Surveyor’s View
- Tollington Surveyors
- Sep 3
- 3 min read
North London Property Market 2025 So Far – Surveyor’s View
From January to now, the London property market has remained steady but uneven. In North London, sales are taking longer than usual, often five to six months from offer to completion.
Buyers are cautious, lenders are strict, and the overall pace of transactions across London reflects this. Even so, demand for well-located homes in North London remains firm, supported by the high cost of renting.
Prices in North London
Across Haringey, Islington, and Camden, average values are holding steady. Flats are typically selling for £500,000–£550,000, while family houses in areas such as Crouch End or Highgate are closer to £1m–£1.2m+. London house price growth overall has been modest so far in 2025, but houses in North London continue to perform better than flats.
Best Areas in London’s North
Hornsey and Crouch End – Terraced houses are up around 6–8% since last year. Family buyers looking for schools and community are driving demand, and limited stock is keeping prices strong.
Muswell Hill – Family houses here remain resilient, often selling quickly when well presented. Flats are slower, particularly where high service charges or dated conversions make buyers hesitate.
Stoke Newington and Finsbury Park – Consistent demand from young families and professionals attracted by transport links into central London and the growing café culture. Houses tend to move quicker than flats.
Weaker Spots in North London
Prime Islington and Highgate flats over £1m – Sales are slower, with some price reductions. Buyers at this level are more sensitive to mortgage costs and possible London tax changes, so they negotiate harder.
Ex-local authority blocks – Still an affordable entry point in North London, but service charges, major works, and cladding checks are common concerns. Lenders remain cautious with some blocks, which can delay or stall sales.
Rentals in North London
Rental prices across London, and especially in North London, remain at record highs. A typical two-bed flat now costs £2,000–£2,200 per month, with bidding wars common. By comparison, a £550,000 flat purchased with a 25% deposit and a standard London mortgage can result in repayments of around £1,700–£1,800 per month. This makes buying more cost-effective than renting in many cases, especially when factoring in long-term equity. High rents are one of the key reasons why sales activity in London has remained stable despite wider caution.
Surveyor’s Advice for London Buyers, Renters and Sellers
Buyers
With rents so high in London, purchasing is increasingly the sensible long-term choice. Always arrange a survey to check for issues such as property defects, damp, roof wear, or high service charge liabilities before committing.
Renters
Budget carefully. London rents are unlikely to fall soon, and competition for properties is fierce. Be prepared to act quickly at viewings.
Sellers
In North London, well-presented family houses continue to sell well, particularly under £1.2m. Higher-value flats in prime London postcodes may take longer and need realistic pricing to secure a sale.
Outlook for London in 2025
So far in 2025, the London property market has been stable rather than booming. In North London, family houses are holding their value, while flats above £1m are proving slower. Rentals remain the main story—costs are so high that many buyers still prefer to purchase rather than stay long term in the rental market. This balance between high rents and stable prices is likely to keep North London sales moving through the rest of the year.
At Tollington Surveyors, we are a small firm working exclusively across North London. We know this area well and regularly inspect properties across the Alexandra Palace and Muswell Hill borders. Surveys in this area must consider a range of factors including historical building methods, drainage, basement modifications, and shared ownership arrangements.
If you're considering a purchase, we can assist with a RICS Home Buyer or a RICS Building Survey to ensure peace of mind and avoid hidden costs.
Please contact us to discuss your requirements.
Tollington Surveyors is a small, locally-focused surveying company based in Stroud Green, and dedicated to serving the Haringey area. Learn more >
