The north London district of Finsbury Park is presently the home to London’s biggest housing redevelopment project. With lots of new homes being constructed and strategies to restore the town centre, the area is becoming more popular to families and young professionals.
Several London neighbourhoods get unnoticed because they find themselves in the unlucky position of sitting close to the border of some boroughs. In south of London, it is the Crystal Palace; and in the north part of London, it’s the Finsbury Park where three councils (Islington, Hackney and Haringey) collide.
The great news however, is that these three councils are now cooperating to restore the town centre, and are requesting local residents for their views over the next few weeks on plans that could consist of nearly 600 freshly built homes.
Finsbury Park got its name after the green expanse that the people of Finsbury Park, the area between the City and Islington, demanded during the 19th-century as a place of relaxation and recreation from the busy city. Frequently known as the People’s Park, it was introduced during 1869, and has recently undertaken a £5 million renovation thanks to the Heritage Lottery Fund.
The area is located north of Islington and Highbury, east of Archway, south of Harringay and Stroud Green and west of Stoke Newington. It has the best transportation outside Zone 1; including a mainline station, two bus stations and two Tube lines.
Flats and Houses in Finsbury Park
The housing in Finsbury Park is mostly Victorian, though there are also some social postwar housings. There is a solid demand for homes, boosted by low prices and interest rates.
The price per square foot is roughly between £425 and £500, while the finest homes can sell for up to £650 per square foot. This is considerably economical than in Islington, where house prices are around £1,000 per square foot.
The area draws a lot of young professionals are flocking the area and are frequently purchasing with some loan assistance from their parents and grandparents.
Commuting and Travelling:
Finsbury Park has two Tube lines; the Victoria line and the Piccadilly line. The Overground transportation to Moorgate takes only about 16 minutes. There are buses to endpoints such as Trafalgar Square, Waterloo, Moorgate, King’s Cross and Brent Cross.
N4 is the postcode for Finsbury Park.
There are two neighbouring preservation areas: the Tollington Park conservation area off Stroud Green Road, and the Stroud Green conservation area, a big area on west of Finsbury Park itself. Other appropriate roads include Finsbury Park Road and Wilberforce Road, just east of Blackstock Road, in the area known as Brownswood Park. Plimsoll Road and Prah Road, west of the Blackstock Road are also preferred.
Finsbury Park: top five high-value streets
Everleigh Street: £746,793
Elyne Road: £1,914,294
Ossian Road: £711,834
Prah Road: £726,144
Plimsoll Road: £705,603
There is an extensive variety of renters from young sharers to students and families. Sharers are believed to pay between £550 and £650 a week for a three-bedroom home.
Finsbury Park has a lot of outdoor activities to offer. The park itself has been a Green Flag destination since the year 2007 and has running track, a boating lake, a water feature, an outdoor gym, an innovative art gallery and a nice café. It also hosts some rock events from time to time.
Gillespie Park has an entrance on Seven Sisters Road leading to woodlands, ponds and meadows, as well as an ecology centre. On the way to Stoke Newington, the West reservoir offers a water sports centre presenting activities such as kayaking and sailing.
Restaurants and shops:
Shopping in Finsbury Park expanses out along the roads that meet at Finsbury Park station: Blackstock Road, Stroud Green Road, and Seven Sisters Road. Shopping here is not a great experience because the streets are surrounded by chicken takeaways and pound shops.
Football fanatics love the Arsenal merchandise shop at the station; there are delicious filled bread, bagels, and cakes at the Happening Bagel Bakery. On Blackstock Road, there’s a new coffee shop called Blighty Coffee, but if you want to go for a longer-established café then ‘Good for Food’ is just the thing for you. On Mountgrove Road, there’s the Café Vintage which offers cakes, coffee, and some vintage clothing; while there’s also the ‘Sylvanian Families’ shop that sells Sylvanian animals, ‘Sargent and Co’ however, sells vintage and classic bikes.
Back on the Blackstock Road, there are more antique shops, cafés, and Gathering Moss, which sells furniture made from reclaimed wood and gifts. Fonthill Road is lined up with wholesale fashion stores that are also open for everyone who wishes to shop.
Little Sardegna is a reasonably priced wine bar and restaurant specializing in Sardinian food. Stroud Green Road has several restaurants lined up including Dotori, which specialises in Japanese and Korean food, while Season Kitchen offers locally sourced menu, and there are the widely known Italian restaurants with huge terraces.
On Tollington Park, the Boulanger Bon Matin and Front Room Café are popular hangouts for weekend brunch. Renowned for its gorgeous floral display, the Faltering Fullback has a sought after pub garden and sumptuous Thai food.
Arts and leisure:
The Park is a newly-built, two-auditorium theatre that opened on May. The Silver Bullet in Station Place is popular place for live music venue. The closest cinema is the Odeon in Holloway Road, and the nearest swimming pool area is at the Clissold Leisure Centre in Stoke Newington.
Average prices for Renting houses and flats in Finsbury Park
For the One-bedroom flat: £1,204 per month
For the Two-bedroom flat: £1,517 per month
For the Two-bedroom house: £1,570 per month
For the Three-bedroom flat: £2,306 per month
For the Four-bedroom flat or house: £3,016 per month
Average prices on Buying houses and flats in Finsbury Park
For the One-bedroom flat: £273,000
For the Two-bedroom flat: £384,000
For the Two-bedroom house: £385,000
For the Three-bedroom house: £588,000
For the Four-bedroom house: £802,000