Stamford Hill

Area Guide For Stamford Hill

Stamford Hill is a district in North London consisting of four wards in the London Borough of Hackney. With more synagogues in a square mile than the rest of the London combined, Stamford Hill is famously home to Europe’s largest Hasidic community, members of an ultra-Orthodox Jewish sect, distinguishable by their 18th century Eastern European attire. Stamford boasts a range of Victorian and Edwardian terraces alongside remnants of large family estates. Although there is no underground station, above ground, trains from Stamford Hill get you to London Liverpool Street in less than 20 minutes and the line is also a convenient mode of getting to other areas of Hackney.

 
 

Stamford Hill Map

Estimated Price: £556,031
Average Asking Price: £656,670
Price change in last one year: £63,123
Average Price Paid: £390,994
Average Rent Rates: £1,641

 
 

Property Prices Breakdown in Stamford Hill

Average Price for property in Stamford Hill is around £556,031 which varies based on type of property you are interested in and ranges from £1,849,204 for detached house to around £948,674 for semi-detached. Similarly terraced house is around £724,847 and a flat is worth £396,430. Values have been changing and have risen £7,559 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £20,762 in last 6 months, £63,123 in last 1 year, £114,861 in last 2 years, £134,974 in last 3 years, £137,554 in last 4 years and £154,379 in last 5 years.

Currently average asking price of a property in Stamford Hill is around £656,670 based on approximately 707 properties for sale. Same is the case with rental options based on 240 properties up for rent, average asking rent is around £1,641 per month.

Estimated property value in Stamford Hill is £556,031. Average asking price is £656,670 while average price paid is £477,013 which is up by £63,123 and Avg. asking rent £1,641.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 Stamford Hill area. In last 1 year alone average price buyer paid is around £477,013 based on approximately 707 sales in Stamford Hill area alone. If you compare it to last 3 years sales of 2,234 properties where buyers paid around £421,729. 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 £390,994 for 3,770 and average amount paid for purchase of approx. 4,963 properties sold in last 7 years comes to about £372,815 per sale.

 
 

Properties For Sale in Stamford Hill

 
 

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 £325,000, £628,989 for a 2 bedroom house, £938,968 for a 3 bedroom house, £1,083,037 for a 4 bedroom house and £1,139,996 for a 5 bedroom house. For a flat similarly the prices varies from £333,264 for a single bedroom to £436,346 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £573,383, £564,495 for a 4 bedroom flat and £675,000 for a 5 bedroom flat. To sum up the asking prices for properties in Stamford Hill it comes to around average £332,946 for 1 bedroom property, £457,516 for 2 bedroom, £748,664 for 3 bedroom, £925,903 for 4 bedroom and £1,112,644 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 can vary from £1,038 for 1 bedroom to £1,985 for 2 bedrooms, £2,419 for 3 bedrooms, £3,177 for 4 bedrooms and £3,800 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,264. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,631, £2,186 for 3 bedroom and £3,491 for 4 bedroom. You should be generally be expecting around average £1,244 rent per month for single bedroom property, £1,682 for 2 bedroom, £2,234 for 3 bedroom, £3,287 for 4 bedroom and approximately £3,800 for a 5 bedroom property in Stamford Hill area.

Popular Houses in Stamford Hill

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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