Hackney is located in the north-western region of inner London, and is approximately 19.06 km2 in size.4
Well known areas in Hackney include Hackney Central and Stoke Newington.
The central hub of Hackney is filled with a range of exciting bars and restaurants, many of which are quite new. It’s within walking distance of quieter areas, such as Victoria Park Village, and Hackney Central Station can take you to some fantastic shopping destinations via the Overground.5
Like many parts of Hackney, Stoke Newington has been revitalised over the last couple of decades. A wave of new restaurants, bars pubs and other establishments have turned it into one of the more appealing areas of London. Here you’ll find both the High Street, as well as a range of independent shops and eateries.6
The average cost of a home in Hackney (as of April 2016) is approximately £533,875.*
However, this includes every type of property. A detached house would set you back an average of £932,040, while flats are considerable less expensive at an average of £490,160.
Below, we’ve compiled a list of average property prices for each type of housing in Hackney, and compared it to that of the England and Wales average:
|Type of House||Hackney average||UK average|
*The above statistics were found using the Land Registry app. To use, simply click ‘search the UK house price index’, then click ‘customise your search’ and then ‘local authorities. Type a UK area into the search bar (in this case ‘Hackney’), select ‘Change property types and report options’.
*Rates shown are for 2016/177
Housing in Hackney is relatively affordable when compared to other areas of London. However, the council tax rates are higher than some more well-known regions, such as Westminster.
The largest age demographic in the Hackney area is under 20s, which make up 28.1 percent of the population (according to Rentonomy). Around 15 percent of the non-UK-born individuals currently residing in Hackney are Nigeria, while another 15 percent are from Turkey.