Covent GardenWC2N
Westminster · London
WC2N covers central London's Covent Garden and surrounding areas, a late-stage gentrified district where property prices have declined at 1.8% annually over five years, contrasting with rental growth of 5.8% per annum over the same period. Population increased marginally by 0.2% across the five-year timeframe. The trajectory score of 46.9 out of 100 places the postcode in the average range nationally, ranking in the 31st percentile. The divergence between negative price growth and positive rental expansion reflects the district's established status as a premium London location with sustained demand for tenanted accommodation despite residential property value softening.
Domain breakdown
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See plans from £20/moKey signals
- 1Property prices down 0.8% over 5 years (5yr CAGR)
- 2Rents growing at 5.8% per year
- 3Population growing at 0.2% per year
Nearby districts
What's changing in Covent Garden · June 2026
The trajectory score moved up 1.4 points this month to 48/100, driven mainly by demand.
Covent Garden (WC2N) common questions
Is Covent Garden up and coming?
Praesago's gentrification model currently classifies Covent Garden (WC2N) as Late-Stage. Its trajectory score is 48/100 (Average), in the top 60% of districts nationally. The score is up 5.1 points over the last 12 months.
Is Covent Garden safe?
Covent Garden has a safety score of 47/100 on Praesago's index, based on police.uk recorded crime data.
What is the average house price in Covent Garden?
The average property price in Covent Garden (WC2N) is £1.23m as of January 2026, based on UK House Price Index data. Prices have fallen at 0.8% per year over the last five years.
What is the average rent in Covent Garden?
The median monthly rent in Covent Garden (WC2N) is £3,232 (2026), based on ONS private rental data.
Which areas are near Covent Garden?
Neighbouring postcode districts include Covent Garden (WC2E), Covent Garden (WC2H), Covent Garden (WC2B), West End (W1D). Each has its own monthly data page on Praesago.
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Related reading
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.