Hackney has highest house price growth for sellers as the area flourishes

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With prices climbing from strength to strength in this borough, our estate agents in Bow take a look at what makes Hackney such a special place to live and why this a good time to consider selling your property in London E9.

Good news for sellers in Hackney

This area has had extensive re-branding over the last number of years. It has seen the biggest house price growth in London in the last two decades. Due to a lot of ongoing regeneration Hackney is now brimming with new builds to meet the demand in the area for property. There are still plenty of traditional terraces to be found if that’s your preference.

Whether it is young professionals, students, or families, there is a home here for all.  It’s creativity and vibrancy attracts a very diverse and lively population. More and more people want to call this place home as it offers a cultural and creative haven and a real mix of authentic and eclectic attractions.

The house prices in this borough have increased by 489% in the last two decades alone. They have risen from an average of £91,000 in 1998 to £536,000 on average in 2018.

Why Hackney is popular with buyers

Hackney has definitely arrived with the highest rate of house price growth in 20 years is recorded here.

Hackney has long been known as an area with great amenities and green spaces. With London Fields and Victoria Park in it’s midst there is plenty of nature to be observed and enjoyed. Surprisingly, calm and quiet can still be found amidst the hustle and bustle of this vibrant part of the city. It has also been known as an area with great nightlife. The art scene is big here as is the local bar scene, with many trendy new bars proving very popular among everyone in the area.

The location itself is fantastic with easy commutes to the rest of the city and beyond. There are many new builds for sale in the locality together with lots of more mature properties. The area must be explored to truly appreciate the vibe. It promises to bring colour,  excitement and a great sense of community to your world.

Thinking about selling property in Hackney?

If you want to know more about selling your home in this thriving location please give our team in Bow a call. Our agents knowledge of the area is second to none.

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