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Hackney

Borough profile
Notable areas in more detail...

     Clapton & Stamford Hill
     Dalston & London Fields
     De Beauvoir Town
     Hackney & Victoria Park
     Shoreditch & Hoxton
     Stoke Newington
  Tower Hamlets

City


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HACKNEY Borough profile


Statistics don't tend to do Hackney any favours. One of the UK's most deprived areas, the borough has London's highest unemployment rate, some of the worst schools, half of its residents in council maintained property and no tube stations. Despite these obvious setbacks, today's Hackney is recognised as London's most up and coming borough with property price increases to match. Government and private investors are pouring millions into Hackney. Plans for a Chelsea tube link seem to have been put back into place by Ken Livingstone, and hopes are also very high for a direct tube link to both the Docklands and the City.

Shoreditch and Hoxton to the south of the borough sit uneasily against the wealth of the City of London. North of the Regent's Canal around Victoria Park and De Beauvoir Town, amongst the council blocks, can be found some of the best Victorian and Georgian houses in London. Stoke Newington, to the north has become the new yuppie Mecca whilst Stamford Hill and Clapton remain in favour with the Jewish community.

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Notable areas in more detail...

Clapton & Stamford Hill

Popular with London's Orthodox Jewish community, the area still remains cheap and offers a good choice of large Victorian and Edwardian terraces which are much sought after as family homes. Still largely urban, rather than suburban in character, large council blocks still blight the area although many are now making way for better quality low rise developments. Maybe not yet fully up-and-coming, but its only a matter of time.
Who lives here? Large Jewish community. Families seeking value for money.

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Dalston & London Field:

Popular with speculators who feel it has the best chance of getting that all important new tube station. Like much of Hackney, Dalston offers a mix of attractive two and three story Victorian housing, so popular with the middle classes; and run down council estates blighted by 60's tower blocks. Hackney Downs and London Fields offer the area's best
housing whilst much of the area's estates such as the Holly Street Estate have benefitted from redevelopment from high rise to low rise, but with still a way to go.
Who lives here? First time buyers. Loyal locals.

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De Beauvoir Town

Benefitting from an N1 postcode like its trendy neighbour Islington, De Beauvoir Town stands out from the rest of the borough in both character and price. A small enclave of quiet roads with a good stock of two
and three storey Victorian homes. Beauvoir Squares boasts the premier properties. Unusual gabled semis surrounding a peaceful centre square. The south of Beauvoir Town was less fortunate and succumbed to 1960's high rise development.
Who lives here? Professional couples and middle class families.

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Hackney & Victoria Park

Cheaper than neighbouring Islington and still home to a good stock of attractive Victorian properties. Hackney's problem remains its tower blocks, which spring up on almost every street corner. Victoria Park offers numerous grand Victorian and Georgian gardened properties, many with steep entrance steps and pretty balconies. Quick-thinking property developers made a fortune here in the early '90s, buying up these magnificent houses and converting them into smart, spacious flats. Conversions often come with great views of the park. Hackney Wick offers similar Victorian houses but has more estates and tower blocks.
Who lives here? Young professionals, families. City commuters.

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Shoreditch & Hoxton

Just as in neighbouring Islington's Clerkenwell, loft living has taken off in a big way. Old factories and warehouses have
re-emerged as vast open plan living units so sought after buy the moneyed city professional. A lot of council property still remains and much was bought up under the Right-to-Buy scheme, yet price differences remain vast between ex-council and trendy loft space.
Who lives here? Young professionals. Creative and trendy types.

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Stoke Newington

Hackney's trendy village and only requiring a tube station to truly hit the big time. A wide variety of properties, from enormous 4-storey Victorian houses, modern flat conversions and lofts, to more modest two and three bedroom family houses and ex-council properties. Properties get larger as you head north towards Finsbury Park and Clissold Park. The
area is already hugely popular with young families who desperately try to get their offspring into the boroughs only good schools.
Who lives here? Young families and professionals.

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