For the past decade Hackney in east London has been a byword for hipsterism and gentrification. Its street cred was boosted exponentially by an influx of creatives who moved there after the financial crash because they were priced out of the neighbouring borough of Islington.
Its days of being grotty, arty, party central are long gone. Hackney’s demise has been much talked about for years, alongside the rise of its rivals Peckham and Walthamstow. But after it consistently recorded the biggest house price growth in the country over the past ten years, property values in the borough didn’t really budge in 2021, according to Land Registry data. This may be the final nail in the coffin. With an average house price of £704,000, according to