Average Price for property in South Hackney is around £580,024 which varies based on type of property you are interested in and ranges from £1,169,259 for detached house to around £970,593 for semi-detached. Similarly terraced house is around £788,750 and a flat is worth £440,236. Values have been changing and have risen £7,326 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,636 in last 6 months, £68,021 in last 1 year, £119,408 in last 2 years, £140,115 in last 3 years, £143,576 in last 4 years and £153,628 in last 5 years.
Currently average asking price of a property in South Hackney is around £659,996 based on approximately 91 properties for sale. Same is the case with rental options based on 97 properties up for rent, average asking rent is around £1,779 per month.
Estimated property value in South Hackney is £580,024. Average asking price is £659,996 while average price paid is £518,298 which is up by £68,021 and Avg. asking rent £1,779.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 South Hackney area. In last 1 year alone average price buyer paid is around £518,298 based on approximately 91 sales in South Hackney area alone. If you compare it to last 3 years sales of 313 properties where buyers paid around £469,414. 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 £442,884 for 547 and average amount paid for purchase of approx. 725 properties sold in last 7 years comes to about £416,642 per sale.