East End buyers: a postcode rating for prices

Clissold House in Stoke Newington Lon N16 March 2012
Dalston Lane Lon E8 2012
Dalston Lane and, top, Stoke Newington N16

A POSTCODE guide to London property prices can give would-be first-time buyers more clues on where to look.

Hamptons International and PrimeLocation.com have analysed more than 6,500 asking prices. Their findings can be only a guide because, of course, there is often a great difference between the price advertised and the sale price.

Extracting Hackney-and-about details is time-consuming, so Loving Dalston has done it for you. Here are the asking prices per square foot. (Apologies for avoiding the metrics favoured by this site. The arithmetic is easy enough; it’s the methodology that’s difficult… unless you think otherwise.)

E1 £604, E2 £475, E3 £367, E5 £340, E8 £497, E9 £449, E10 £371, E11 £311, E14 £559, E15 £399, E16 £343; N1 £617 (parts are in Hackney borough) and N16 (Stoke Newington) £454. Press this hyperlink to connect the illogical E numbers to place names.

If these “asks” seem excessive, they are: London property is selling at higher rates than in all other parts of the UK. On average home prices in the capital are just over 4% higher than a year ago. And what comes after a boom..?

Another property story? This site was in an artsy groove a few weeks ago; now it’s stuck on the price of land. – Ed.

If you enjoyed this article, please consider leaving a comment below.

To have future articles delivered to your feed reader, subscribe to the RSS feed.
You can also follow Loving Dalston on Twitter for daily news updates.

One thought on “East End buyers: a postcode rating for prices

  1. These are broad values and incorrect in all postcodes listed, for both new build and secondhand property.
    E8: £550 E2:£500 N1: £650+ E14: £600.
    To name a few.
    Now let’s get back to dicussions about coffee shops and cycle lanes!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.