Hackney (London Borough)

Area Guide For Hackney (London Borough)


Hackney (London Borough) Map

Estimated Price: £551,454
Average Asking Price: £668,487
Price change in last one year: £24,218
Average Price Paid: £423,051
Average Rent Rates: £2,282


Property Prices Breakdown in Hackney (London Borough)

Average Price for property in Hackney (London Borough) is around £551,454 which varies based on type of property you are interested in and ranges from £917,648 for detached house to around £911,291 for semi-detached. Similarly terraced house is around £770,868 and a flat is worth £434,164. Values have been changing and have risen £471 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,772 in last 6 months, £24,218 in last 1 year, £93,687 in last 2 years, £120,152 in last 3 years, £126,138 in last 4 years and £125,700 in last 5 years.

Currently average asking price of a property in Hackney (London Borough) is around £668,487 based on approximately 2,110 properties for sale. Same is the case with rental options based on 1,485 properties up for rent, average asking rent is around £2,282 per month.

Estimated property value in Hackney (London Borough) is £551,454. Average asking price is £668,487 while average price paid is £523,410 which is up by £24,218 and Avg. asking rent £2,282.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Hackney (London Borough) area. In last 1 year alone average price buyer paid is around £523,410 based on approximately 2,110 sales in Hackney (London Borough) area alone. If you compare it to last 3 years sales of 7,320 properties where buyers paid around £458,145. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £423,051 for 11,579 and average amount paid for purchase of approx. 2,110 properties sold in last 7 years comes to about £523,410 per sale.

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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