Stoke Newington

A gentrified residential neighbourhood with lots of shops, bars

Area Guide For Stoke Newington

Part of the North London Borough of Hackney, Stoke Newington, like several other London neighbourhoods, has undergone gentrification in the last couple of decades and is now a popular residential area. There are a lot of pubs and shops on Church Street which serves as the major source of entertainment for residents. 

 
 

Tags

Shopping – Restaurants – Bars - Parks

Overview

  • The Neighbors

    Mainly terraces coupled with small houses.

  • Ideal for

    Families.

  • Deal Sealer

    Lots of greenery and parks.

  • Not for

    People looking for great transportation services.

  • You will Like

    Lots of pubs, restaurants and bars.

Stoke Newington Map

Estimated Price: £599,754
Average Asking Price: £696,455
Price change in last one year: £71,613
Average Price Paid: £428,024
Average Rent Rates: £1,756

 
 

Property Prices Breakdown in Stoke Newington

Average Price for property in Stoke Newington is around £599,754 which varies based on type of property you are interested in and ranges from £951,180 for detached house to around £889,388 for semi-detached. Similarly terraced house is around £836,654 and a flat is worth £419,365. Values have been changing and have risen £7,791 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £21,551 in last 6 months, £71,613 in last 1 year, £128,129 in last 2 years, £144,014 in last 3 years, £159,187 in last 4 years and £169,128 in last 5 years.

Currently average asking price of a property in Stoke Newington is around £696,455 based on approximately 445 properties for sale. Same is the case with rental options based on 209 properties up for rent, average asking rent is around £1,756 per month.

Estimated property value in Stoke Newington is £599,754. Average asking price is £696,455 while average price paid is £527,862 which is up by £71,613 and Avg. asking rent £1,756.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 Stoke Newington area. In last 1 year alone average price buyer paid is around £527,862 based on approximately 445 sales in Stoke Newington area alone. If you compare it to last 3 years sales of 1,457 properties where buyers paid around £463,902. 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 £428,024 for 2,438 and average amount paid for purchase of approx. 3,186 properties sold in last 7 years comes to about £407,234 per sale.

 
 

Properties For Sale in Stoke Newington

 
 

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, £736,658 for a 2 bedroom house, £992,542 for a 3 bedroom house, £1,121,183 for a 4 bedroom house and £1,139,996 for a 5 bedroom house. For a flat similarly the prices varies from £366,337 for a single bedroom to £459,496 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £607,634, £604,369 for a 4 bedroom flat and £675,000 for a 5 bedroom flat. To sum up the asking prices for properties in Stoke Newington it comes to around average £364,369 for 1 bedroom property, £481,968 for 2 bedroom, £797,216 for 3 bedroom, £978,614 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 £1,154 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 £1,325. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,708, £2,243 for 3 bedroom and £3,623 for 4 bedroom. You should be generally be expecting around average £1,312 rent per month for single bedroom property, £1,752 for 2 bedroom, £2,282 for 3 bedroom, £3,333 for 4 bedroom and approximately £3,800 for a 5 bedroom property in Stoke Newington area.

Popular Houses in Stoke Newington

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.

Sold Properties in Stoke Newington

Sum it all up

 The Good

-Greenery
-Good Shops
-Several restaurants
-Good Schools

 Best For

-Families
-Couples

 The Bad

-Expensive housing in some parts
-Busy rush hours and weekends

 

Transportation in Stoke Newington

Browse by Streets in Stoke Newington