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As we are a specialist London Block Management Company, we wanted to provide insight into one of our main geographical areas of property management, Clerkenwell.
Clerkenwell gets its name from the Clerk’s Well at Farringdon Lane. Around the 1100’s a nunnery and priory was founded on the farmland and the sisters from the convent would use this well to collect water, which was also the area in which City students would perform an annual miracle play based on biblical themes.
Clerkenwell has always attracted various trades like jewellery, bookbinding, printing, clock making with some trades still active in the area to this day. A number of businesses owned factories in the area and with their expansion needs leading them to larger sites further afield, we now see a large number of loft style apartments having been converted from these factories.
As well as these loft style apartments we see today, Clerkenwell’s property type remains predominantly Georgian with the emergence of larger, purpose built developments, such as Brewhouse Yard bringing a modern feel to the area.
Clerkenwell does have a darker side however. Clerkenwell has an underground prison, fondly known as The House of Detention, built in 1818 and was located on Bowling Green Lane before being demolished in 1890. The site is now occupied by Hugh Myddleton School building, converted into 42 flats by Persimmon Homes in 1999.
As well as these loft style apartments we see today, Clerkenwell’s property type remains predominantly Georgian with the emergence of larger, purpose built developments, such as Brewhouse Yard bringing a modern feel to the area.
Clerkenwell does have a darker side however. Clerkenwell has an underground prison, fondly known as The House of Detention, built in 1818 and was located on Bowling Green Lane before being demolished in 1890. The site is now occupied by Hugh Myddleton School building, converted into 42 flats by Persimmon Homes in 1999.
During 2014, archaeologists also discovered a mass burial site from the Black Death at Charterhouse Square. The site was being dug in connection with the Crossrail project with over 25 skeletons being unearthed. It is suspected that there was previously a Carthusian monastery in the area during the 1400’s where people could go to pray for victims of the plague.
According to Zoopla statistics, the current sale values in Clerkenwell are:
| Property Type | Average current value | Average £ per sq ft | Average number of beds |
| Detached | £1,459,728 | £889 | 3.4 |
| Semi-detached | £1,309,824 | £1,206 | 3.8 |
| Terraced | £1,205,004 | £862 | 3.1 |
| Flat | £727,119 | £932 | 1.9 |
With the current rental values:
| Property Type | 1 Bed | 2 Bed | 3 Bed |
| House | £2,391 pcm | £3,850 pcm | £4,380 pcm |
| Flat | £2,353 pcm | £3,192 pcm | £5,320 pcm |
With Clerkenwell being a popular location for a variety of residents, we have chosen a few of the new build developments currently being sold:
Clerkenwell brings together the historical, cosy pub with the modern independent wine bar catering for almost every social desire. There is also a definitive pop up scene that has emerged, with start-ups exploring the viability of their new ventures.
During the week the streets are filled with worker types however the weekends tend to be a lot quieter with many establishments opening hours reflecting this but on the plus side, Clerkenwell is located only a short distance to the historical city, trendy Shoreditch and even upmarket West End.
Being a boutique Managing Agent based in the City of London, we specialise in the management of warehouse conversions, character filled developments that Clerkenwell has to offer.”
We, like most of you, enjoy our coffee and Clerkenwell has an abundance of barista’s waiting to serve you with some of the finest coffee from around the world. Here is our Top 3 coffee shops in Clerkernell:
If coffee is for your morning, we wanted to explore our Top 3 Clerkenwell restaurants. Clearly there are a wealth of dining opportunities so we have rounded them down to 3 diverse options to try and cater for everyone’s tastes:
Strangford Management is a specialist London Block Management company. We cover all areas of London from our office in the City including Clerkenwell and surrounding areas.
We micromanage buildings within our portfolio using technical data analysis providing a personal, experienced and reliable level of customer service to our clients.
Contact Strangford Management today to become part of our portfolio and enjoy the levels of management only available to our clients.
Telephone: 0207 686 6490
Email: office@strangfordmanagement.com
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