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As you will know, Hackney is home to some of the most fashionable postcodes in London, having become a cultural hub for the city’s creative population. So what kind of experience can you expect when selling your home in Hackney?
Looking to sell your Hackney home?
Property in Hackney has increased in price slightly over the last year, with the average selling price at £580,768.
No detached or semi-detached homes have been sold within the area over the last year, so there is insufficient data about their price or popularity. Terraced homes are generally most sought after and will achieve a price in the region of £955,933.
Flats are also in high demand and will sell for around £468,219 on average.
Looking to rent your home?
Due to its close proximity to Central London, rental prices in Hackney have been steadily on the rise. You can expect to achieve an income of around £1,859 PCM, although this largely depends on the type of property you have on offer, as well as the number of bedrooms on offer.
A singular room can be rented out for an average income of £767 PCM, while a flat can achieve £1,822 per month. If you are looking to rent out your entire house, you can expect to achieve a monthly income of £2,877.
Buyer demographic in Hackney
You can expect young professionals between the ages of 25-39 to take the most interest in your Hackney property. The most popular areas that people are currently buying are Stamford Hill and Stoke Newington, although you will likely find renters in Shoreditch, Hoxton and Dalton.
Two-bedroom flats are currently the most advertised properties in the area and, as such, are the least demanded properties. That said, flats are still in comparatively high demand to the rest of the country, spending an average time of 95 days on the market.
Similar locations to Hackney
If you’re moving from Hackney but want to keep the same type of creative atmosphere, consider moving to Camden or Islington. If budget and cost of living is your main concern but still want to live in London, you should consider moving south of the river to somewhere like Merton or Wandsworth.
When choosing a removal company in Hackney, you will need to keep an eye out for a number of things. First and foremost, your removal company will need Goods in Transit insurance to secure your possessions on moving day. You should also look out for positive reviews from third-party sources, as well as any accreditation from the British Association of Removers.
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