EC1Y in central London spans parts of Clerkenwell and Shoreditch, characterised by mixed residential and commercial use. Property prices have declined at a 5.2% compound annual rate over five years, contrasting with rental growth of 6.1% annually over the same period. The district is classified as early-stage gentrification, positioning it between emerging and established development phases. Population growth has been minimal at 0.1% over five years, suggesting limited demographic expansion despite rental demand. The trajectory score of 45.8/100 places this postcode in the average range nationally, at the 25th percentile. These metrics indicate diverging investment dynamics, where rental yields show relative strength against underlying capital appreciation challenges.
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 0.7 points this month to 46/100, driven mainly by safety.
28 planning applications submitted in EC1Y over the last six months, 1 change of use.
- Proposed change of use of first, second and third floor from offices (Use ClassFeb 2026 · pending
- Submission of details of Climate Change Resilience Statement pursuant to condition 9 of Planning Permission 22/00202/FULMAJ dated 23.01.2023.Jun 2026 · Under Consideration
- Refurbishment of an existing office building, including external alterations; foApr 2026 · pending
Clerkenwell (EC1Y) common questions
Is Clerkenwell up and coming?
Praesago's gentrification model currently classifies Clerkenwell (EC1Y) as Early. Its trajectory score is 46/100 (Average), in the top 71% of districts nationally. The score is up 2.2 points over the last 12 months.
Is Clerkenwell safe?
Clerkenwell has a safety score of 17/100 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 (EC1Y) 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 (EC1Y) is £2,714 (2026), based on ONS private rental data.
Which areas are near Clerkenwell?
Neighbouring postcode districts include Moorgate (EC2A), Moorgate (EC2Y), Clerkenwell (EC1V), Moorgate (EC2M), Clerkenwell (EC1M). 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.