Islington: Trendy, busy and a fun place to be
Background
The London borough of Islington is located in the north and inner part of the city and is viewed as a popular place to live by many people looking for property to rent in London.
Some of the districts those looking for flats to rent in Islington can choose from include Angel, Barnsbury, Highbury, Holloway and Finsbury Park.
Property
Residents of property to rent in Islington can expect to pay around £1,088 a month for a studio and £1,391 each month for a one-bedroom residence. People looking for a bit more space can find three and four-bedroom rental property to rent in Islington for around £1,855 and £2,158 a month respectively.
All of these figures are based on average relative rent and there will be variations in prices related to the quality and location of the flat or house.
The latest Land Registry figures show that the average price of a property in the Islington area in March was £368,891. The average value of a flat was £317,378, while the average cost of a detached property in the borough was recorded at £911,548.
These figures indicate that Islington is generally seen as an area where young people rent property and well-off families buy homes.
Indeed, before the recession started to take hold the average price of a detached home in the area could be purchased for a cool £1,076,898.
Transport
Upper Street and Essex Road are both popular bus routes that allow public transport users the chance to gain access to many parts of London. Moreover, the busy City Road also gives people a direct route into The City and other hubs in the capital such as Liverpool Street.
The London Underground station at Angel is on the Bank branch of the Northern Line and is only one stop away from Kings Cross. All Londoners will know that once a passenger gets to Kings Cross, they can pretty much find an easy route to anywhere else in their city.
Highbury & Islington London Underground station is on the Victoria Line, which takes people from Brixton in the south to Walthamstow Central in North-West London, as well as dropping people close to Buckingham Palace (Green Park) and on one of the busiest and most popular shopping streets in Europe (Oxford Circus).
Amenities
The heart of Islington is often perceived to be the trendy region of Angel, which attracts visitors in their thousands due to its restaurants, gastro pubs and shopping facilities.
Much of what is good about the place centres on Upper Street - a thoroughfare which leads people from Angel London Underground station to Highbury & Islington. Along the way, people have a plethora of shops to choose from - including some trendy clothing outlets and sought-after jewellery retailers.
Any type of food one desires can be found on or around Upper Street, while the huge choice of pubs and late-night drinking establishments - which can also be found in abundance in nearby Barnsbury and Essex Road - ensure that there are plenty of things to keep locals and visitors entertained way after the sun has gone down.
People living in property in Islington also benefit from having Premier League football on their doorstep, as Arsenal's Emirates Stadium is located within the borough's boundaries.
Published 22nd June, 2009
© 2009 Estates IT Limited
London Rental Property News By London Borough / Category
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Islington has a lot to offer any resident. Islington a trendy, busy and a fun place to be