Neighbourhood · Islington

Old Street & St Luke's: house prices and how the area is changing

Official figures for the Old Street & St Luke's neighbourhood of Islington, England (ONS area Islington 023). Headline figures assembled 12 October 2026. Postcodes EC1V, EC1Y, EC2A, EC2M, EC2Y. Figures that read a point use the neighbourhood's centre, near EC1V 9BQ.

A middle-income neighbourhood, with signals pointing away from gentrification

Old Street & St Luke's is a middle-income neighbourhood. But area signals point away from gentrification against Islington (5 of 22 signals falling, 4 rising). Flats here typically resell for £642,500 (median resale price, 2023-2025). Schools nearby are improving in line with the council's and the nearest station, Old Street, is about a 4-minute walk from the neighbourhood's centre. Recorded crime per resident is 1.9 times the borough's rate, but there are about 8.5 jobs for every resident here, so crime per resident overstates the risk to people who live here.

The neighbourhood in brief, from the figures on this page. Summary updated 12 October 2026; source dates are shown below.

Typical flat price

£642,500

Median resale price of flats in the neighbourhood, 2023-2025; -1% against 2017-2019.

Source: HM Land Registry Price Paid Data

Affluence today

Middle income

How well off the neighbourhood is now, from household income, home prices and deprivation.

Source: ONS, HM Land Registry, MHCLG Indices of Deprivation

Signs of gentrification

Moving the other way

Weighted balance -0.20; 4 of 22 signals up, 5 down, against the borough.

Source: Official statistics on prices, incomes, benefits, businesses, schools and more (a full report shows every signal)

Deprivation

Decile 4 of 10

English Indices of Deprivation 2025: 1 is the most deprived tenth of neighbourhoods, 10 the least. At the neighbourhood's centre; its 5 small areas range from decile 3 to 4.

Source: MHCLG English Indices of Deprivation 2025

Average household income

£63,600

ONS estimate for the neighbourhood (modelled, with a margin of error).

Source: Office for National Statistics

Recorded crime

1.9 times the borough's rate

A busy centre, with about 8.5 jobs for every resident here, so crime per resident overstates the risk to people who live here (90,985 jobs in 2024 against 10,673 residents at the 2021 census). Crimes recorded by the police over 12 months (not anti-social behaviour) per resident, against the borough. Crime per resident can overstate the risk in busy centres where many people work or visit.

Source: Police.uk

Schools getting better

In line with the council's

Nearby state schools' latest Ofsted inspections and results, against the council's schools.

Source: Ofsted, Department for Education

Where Old Street & St Luke's sits in Islington

Typical flat price: 6th highest of 23 neighbourhoods in Islington
Average household income: 5th lowest of 23 neighbourhoods in Islington

Ranked among the council's neighbourhoods by the figures on each one's own page, checked 12 October 2026: typical prices are HM Land Registry resale medians over the latest three-year window, household income the ONS's modelled estimate, with a margin of error, so neighbourhoods a place or two apart may not really differ.

Prices over time in Old Street & St Luke's

Median resale price of flats each year here and across Islington, 1995 to 2026 (HM Land Registry Price Paid Data: standard sales, new builds left out). Years with fewer than 10 sales here are left out. 2026 is the year so far (dashed).

Source: HM Land Registry Price Paid Data, held locally and checked 12 October 2026. Medians each year, not a valuation of any home.

How the area is changing, signal by signal

4 of 22 counted signals point towards rising affluence against Islington, 5 the other way and 13 in line. A reading of official statistics against the borough, not a prediction; a full report shows every signal's figures and weight. Where this reading sits among every neighbourhood in England and Wales: the gentrification league table.

Rising against the borough

Plug-in car growth
New-build activity
Premium and budget brands
New stations nearby

Falling behind the borough

Resale prices
Recent price momentum
Income deprivation ranking
Catching up with neighbouring areas
Benefit claims (DWP)

Stations and schools nearby

Nearest station

Old Street Railway and Underground station, about a 4-minute walk from the neighbourhood's centre (290 m in a straight line). About 12 trains an hour leave between 07:00 and 19:00 on a weekday: Great Northern to Moorgate (about 3 min) and Welwyn Garden City (about 47 min).

Station locations: NaPTAN (Department for Transport). Trains: Network Rail's timetable for Tuesday 6 October 2026, with the timetabled minutes of direct trains; timetabled, not live running. Distances from the neighbourhood's centre in a straight line, walked at 4.8 km/h; the real route is longer.

Nearest state schools

Nearest state primary school St Luke's CofE Primary School 210 m from the neighbourhood's centre. Ofsted: Ungraded visit: School remains Good (May 2023).
Nearest state secondary school Central Foundation Boys' School 450 m from the neighbourhood's centre. Ofsted: No overall grade: Outstanding in 4 areas (Mar 2025).

Schools: Department for Education, Get Information about Schools (11 October 2026); inspections: Ofsted's management information as at 31 August 2026, in Ofsted's own words. Straight-line distances; not a catchment or admissions assessment.

Questions about Old Street & St Luke's

What is the typical flat price in Old Street & St Luke's?

£642,500. Median resale price of flats in the neighbourhood, 2023-2025; -1% against 2017-2019.

How does Old Street & St Luke's compare with the rest of Islington?

Typical flat price: 6th highest of 23 neighbourhoods in Islington. Average household income: 5th lowest of 23 neighbourhoods in Islington.

Is Old Street & St Luke's an affluent area?

Middle income. How well off the neighbourhood is now, from household income, home prices and deprivation.

Is Old Street & St Luke's gentrifying?

Moving the other way. Weighted balance -0.20; 4 of 22 signals up, 5 down, against the borough.

What is the nearest station to Old Street & St Luke's?

Old Street. Railway and Underground station, about a 4-minute walk from the neighbourhood's centre (290 m in a straight line). About 12 trains an hour leave between 07:00 and 19:00 on a weekday: Great Northern to Moorgate (about 3 min) and Welwyn Garden City (about 47 min).

Which state schools are nearest to Old Street & St Luke's?

Nearest state primary school. St Luke's CofE Primary School. 210 m from the neighbourhood's centre. Ofsted: Ungraded visit: School remains Good (May 2023). Nearest state secondary school. Central Foundation Boys' School. 450 m from the neighbourhood's centre. Ofsted: No overall grade: Outstanding in 4 areas (Mar 2025).

Each answer repeats a figure shown above, with its source there.

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Neighbourhood names: House of Commons Library, MSOA Names, Open Parliament Licence v3.0. Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. Contains National Statistics data © Crown copyright and database right 2026. Contains public sector information (MHCLG, Police.uk, Ofsted, Department for Education) licensed under the Open Government Licence v3.0. Station locations from NaPTAN (Department for Transport), Open Government Licence v3.0. Trains: contains information of Network Rail Infrastructure Limited licensed under the Open Government Licence v3.0. Figures describe the area, not any home, and are not a valuation or a prediction.