Upper Clapton

Area Guide For Upper Clapton

Upper Clapton is a district in London Borough of Hackney. Today Clapton is dominated by municipal and housing. From the early 1930s metropolitan and local authorities seized on Upper Clapton as a suitable setting for large-scale housing projects. Hackney council added system-​​built towers in the 1960s and 70s before switching to low-​​rise blocks in its last phase of municipal construction. There has been relatively little fresh building since this time.

 
 

Upper Clapton Map

Estimated Price: £435,294
Average Asking Price: £497,357
Price change in last one year: £57,076
Average Price Paid: £289,773
Average Rent Rates: £1,738

 
 

Property Prices Breakdown in Upper Clapton

Average Price for property in Upper Clapton is around £435,294 which varies based on type of property you are interested in and ranges from £945,208 for detached house to around £744,255 for semi-detached. Similarly terraced house is around £659,670 and a flat is worth £336,054. Values have been changing and have risen £6,587 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,267 in last 6 months, £57,076 in last 1 year, £95,159 in last 2 years, £110,561 in last 3 years, £116,280 in last 4 years and £124,123 in last 5 years.

Currently average asking price of a property in Upper Clapton is around £497,357 based on approximately 117 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £1,738 per month.

Estimated property value in Upper Clapton is £435,294. Average asking price is £497,357 while average price paid is £328,542 which is up by £57,076 and Avg. asking rent £1,738.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 Upper Clapton area. In last 1 year alone average price buyer paid is around £328,542 based on approximately 117 sales in Upper Clapton area alone. If you compare it to last 3 years sales of 325 properties where buyers paid around £319,122. 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 £289,773 for 554 and average amount paid for purchase of approx. 850 properties sold in last 7 years comes to about £263,401 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £320,000, £425,000 for a 2 bedroom house, £607,498 for a 3 bedroom house, £833,750 for a 4 bedroom house and £1,150,000 for a 5 bedroom house. For a flat similarly the prices varies from £318,125 for a single bedroom to £391,361 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £469,264. To sum up the asking prices for properties in Upper Clapton it comes to around average £318,235 for 1 bedroom property, £393,132 for 2 bedroom, £499,983 for 3 bedroom, £833,750 for 4 bedroom and £1,150,000 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it is £1,452 for 1 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,365. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,453, £1,951 for 3 bedroom and £2,618 for 4 bedroom. You should be generally be expecting around average £1,375 rent per month for single bedroom property, £1,453 for 2 bedroom, £1,952 for 3 bedroom and approximately £2,618 for 4 bedroom property in Upper Clapton area.

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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