The two largest new developments in Islington are the redevelopment of the Packington Estate overlooking the canal and Islington Square, the redevelopment of the large Post Office sorting office to the west of Upper Street, south of Almeida Street.
The £130 million redevelopment of the Packington Estate is a joint venture between housing association Hyde Group and Rydon and involves the demolition of 538 council homes and the building of 791 mixed-tenure homes, of which 491 are for social rent and 300 for private sale. The latest phase of 33 private sales flats is now sold and the next phase will be launched in summer 2014.
Islington Square is a £60 million mixed-use development that retains some of the former Edwardian post office buildings; there will be a new pedestrian street, shops, 185 flats and 72 serviced flats. Building starts on site in February and off-plan sales are due to start soon after. For information, contact Savills (020 7226 1313) and Beauchamp Estates (020 6499 7722). The development will take three years to complete.
Valerio Mews (Davey Stone and IDM Estates) in Newington Green Road is a development of five new four-bedroom mews houses with prices starting at £1.325 million, and two- and three-bedroom flats from £575,000.
Dalby House (Thomson Currie 020 7226 0000) in City Road, a large detached house built in 1805, has been converted into seven flats and a town house; prices of the one-bedroom flats start at £630,000; the three-bedroom, 2,000 sq ft townhouse is on the market for £1.85 for completion in late spring/early summer 2014.
Eagle House (Mount Anvil 0845 077 9550) on City Road is a 31 storey tower block designed by Sir Terry Farrell above an existing 1933 Art Deco building. There will be 276 new flats and prices start at £805,000 for a two bedroom flat. Eagle House is the first of a new cluster of tower blocks that are due to be built over the next couple of years along City Road and around the City Road basin.
More on Islington
- Property area guide on Islington with average property prices, current houses and flats for sale, best streets, up-and-coming areas and commuting times.
- Local schools: Primary and secondary schools in Islington are judged either “good” or “outstanding” by Ofsted.
- Renting guide: New flats along the canal in Islington are popular with young professionals looking to rent one-bedroom flats.