Hackney is one of the most expensive areas to buy a property in the entirety of the UK.
The latest data from the government department reveals that in November 2023 average house prices in Hackney reached £617,169.
This was up from £615,288 in October, representing a 0.3 per cent increase. In the last 12 months it has fallen by -3.6 per cent.
If you are interested in buying or renting a home, you can see the latest properties in and around Hackney here.
Breaking it down for specific types of housing, some prices saw a fall despite the general increase.
- Detached houses – Down to £1,179,114 from £1,182,663 in October
- Semi-detached houses – Down to £1,109,213 from £1,116,567 in October
- Terraced houses – Down to £932,870 from £939,021 in October
- Flats – Up to £559,557 from £556,252 in October
Even when comparing Hackney to the picture across the UK, the area is far above the UK average with a typical property value in the nations reaching £284,950 in November.
In cash terms, the average house price in November was £-6,142 lower than a year earlier with house price growth decelerating to -2.1 per cent in November 2023. Prices were down by -0.8 per cent month on month.
We have created this map for the London so you can see the average house price in each neighbourhood since 1995.
Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.
The above map can demonstrate which areas of Hackney are the most expensive for average house prices.