EC1R covers the Clerkenwell and St John area in central London. Over the past five years, residential prices have declined at an annual rate of 0.8%, whilst rental growth has expanded at 6.1% annually, creating a widening gap between capital appreciation and income returns. Population growth has been negligible at 0.1% over the same period. The district is classified as early-stage gentrification, with a trajectory score of 37.7 out of 100, placing it in the second percentile nationally. This combination of negative price growth, stronger rental performance, and minimal demographic expansion suggests a market characterised by rental yield potential rather than capital gains, reflecting broader challenges in central London's residential property sector.
Domain breakdown
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See plans from £20/moKey signals
- 1Property prices down 0.5% over 5 years (5yr CAGR)
- 2Rents growing at 6.1% per year
- 3Population growing at 0.1% per year
Nearby districts
What's changing in Clerkenwell · June 2026
The trajectory score moved up 0.9 points this month to 39/100, driven mainly by price opportunity.
22 planning applications submitted in EC1R over the last six months, 1 change of use.
- Change of use from Car storage to Office Space (Class E) including front extensiApr 2026 · pending
- Certificate of Lawfulness (Existing) to confirm that planning permission P2023/0Apr 2026 · pending
- Non-Material Amendment Application to Planning Permission Ref: P2020/2995/FUL, dApr 2026 · pending
Clerkenwell (EC1R) common questions
Is Clerkenwell up and coming?
Praesago's gentrification model currently classifies Clerkenwell (EC1R) as Early. Its trajectory score is 39/100 (Average), in the top 96% of districts nationally. The score is down 2.9 points over the last 12 months.
Is Clerkenwell safe?
Clerkenwell has a safety score of 68/100 on Praesago's index, based on police.uk recorded crime data.
What is the average house price in Clerkenwell?
The average property price in Clerkenwell (EC1R) is £1.23m as of January 2026, based on UK House Price Index data. Prices have fallen at 0.5% per year over the last five years.
What is the average rent in Clerkenwell?
The median monthly rent in Clerkenwell (EC1R) is £2,714 (2026), based on ONS private rental data.
Which areas are near Clerkenwell?
Neighbouring postcode districts include Clerkenwell (EC1N). Each has its own monthly data page on Praesago.
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Disclaimer: Praesago provides data analytics and market intelligence. Nothing on this platform constitutes financial advice, investment advice, or a personal recommendation. Property values can fall as well as rise. Past performance does not predict future results. Seek independent financial and legal advice before making property investment decisions.