For 2016 details - Hackney Property Market 2016
Story Highlights
- Hackney had total Property Sales of £2.01 billions in 2015
- The total number of properties sold in year 2015 was 3293
- The Average property price was £611 K in Hackney while Median was £483 K
- Not New Property contributed 75.6% by value and New Property 24.4%
Total Sales By Property Type
Hackney is one of the Boroughs of East London. It had total Property Sales of £2.01 billions which was 12.29 % of East London Property Market 2015.
The split across the different property types are:
- Terraced £449 millions (22.3%)
- Semi-Detached £33 millions (1.62%)
- Other £239 millions (11.89%)
- Flat/Maisonette £1.28 billions (63.76%)
- Detached £9 millions (0.43%).
Total No Of Properties Sold By Property Type
In Hackney the total number of properties sold in year 2015 was 3293. The breakdown by different property types are:
- Terraced 490 (14.88%)
- Semi-Detached 26 (0.79%)
- Other 131 (3.98%)
- Flat/Maisonette 2634 (79.99%)
- Detached 12 (0.36%).
Average & Median Sales Price
In 2015 the Average property price was £611 K in Hackney. The average price for the different property types are:
- Detached £721 K
- Flat/Maisonette £487 K
- Other £1.83 millions
- Semi-Detached £1.25 millions
- Terraced £916 K.
The Median Price was £483 K. The median property price for the different property types are:
- Detached £658 K
- Flat/Maisonette £440 K
- Other £710 K
- Semi-Detached £1 million
- Terraced £880 K.
New Vs Not New Property Statistics
By Value Of Sales
- Not New Property Contributed £1.52 billion (75.6%)
- New Property 491 millions (24.4%) giving combined total of £2.01 billions.
By Number Of Sales
- The number of Not New Property sold was 2429 (73.76%)
- The number of New Properties sold was 864 (26.24%) giving combined total of 3293.
All London Posts
0321a3e2-8c23-4d80-8b44-6045706038b1|0|.0|27604f05-86ad-47ef-9e05-950bb762570c