Imofolio
Sign inGet started for free

Hackney · report

Buy or rent in Hackney

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£2,667
Owning per month
£2,916

Try your own numbers

Starting from the average sale price of £619,408 and the average private rent of £2,667 a month in Hackney, and a mortgage rate of 4.6%.

Assumptions
4.6
1
Buildings insurance, maintenance, and any service charge and ground rent. Council tax is paid by tenants too, so it is left out.
3
What the deposit and purchase costs could earn if invested instead.
7
Stamp duty (land transaction tax in Wales, LBTT in Scotland), conveyancing, survey and lender's fees, paid once.

Renting costs less each month than owning.

Rent a month
£2,667
Owning a month, not recovered
£2,916
Interest
£2,137
Running costs
£516
Return given up
£263
Cash out a month, if buying
£3,374

Gross rental yield in Hackney

A year's rent as a share of the average sale price, month by month. Higher means rent is dear compared with buying.

Show the numbers
PeriodHackney
Aug 20265.1%
Jul 20265.2%
Jun 20265.2%
May 20265.2%
Apr 20265.1%
Mar 20265.0%
Feb 20265.1%
Jan 20265.0%
Dec 20255.0%
Nov 20254.8%
Oct 20254.7%
Sep 20254.7%
Aug 20254.9%
Jul 20254.9%
Jun 20255.1%
May 20255.0%
Apr 20255.0%
Mar 20254.9%
Feb 20254.9%
Jan 20254.9%
Dec 20244.9%
Nov 20244.8%
Oct 20244.6%
Sep 20244.7%
Aug 20244.6%
Jul 20244.6%
Jun 20244.5%
May 20244.5%
Apr 20244.5%
Mar 20244.5%
Feb 20244.4%
Jan 20244.3%
Dec 20234.2%
Nov 20234.1%
Oct 20234.1%
Sep 20234.2%
Aug 20234.2%
Jul 20234.1%
Jun 20234.1%
May 20234.1%
Apr 20234.1%
Mar 20234.0%
Feb 20234.1%
Jan 20234.0%
Dec 20224.0%
Nov 20223.8%
Oct 20223.8%
Sep 20223.7%
Aug 20223.7%
Jul 20223.7%
Jun 20223.9%
May 20223.9%
Apr 20223.9%
Mar 20223.7%
Feb 20223.7%
Jan 20223.7%
Dec 20213.9%
Nov 20214.0%
Oct 20213.9%
Sep 20213.6%
Aug 20213.6%
Jul 20213.8%
Jun 20214.0%
May 20214.1%
Apr 20214.1%
Mar 20214.0%
Feb 20213.9%
Jan 20213.9%
Dec 20203.9%
Nov 20203.8%
Oct 20203.9%
Sep 20203.8%
Aug 20203.9%
Jul 20203.8%
Jun 20203.9%
May 20203.9%
Apr 20204.0%
Mar 20204.0%
Feb 20204.0%
Jan 20204.1%
Dec 20194.2%
Nov 20194.1%
Oct 20194.1%
Sep 20194.0%
Aug 20194.0%
Jul 20194.1%
Jun 20194.2%
May 20194.1%
Apr 20194.0%
Mar 20194.1%
Feb 20194.3%
Jan 20194.3%
Dec 20184.2%
Nov 20184.2%
Oct 20184.2%
Sep 20184.2%
Aug 20184.2%
Jul 20184.1%
Jun 20184.1%
May 20184.2%
Apr 20184.2%
Mar 20184.2%
Feb 20184.1%
Jan 20184.1%
Dec 20174.0%
Nov 20174.0%
Oct 20173.9%
Sep 20173.9%
Aug 20173.9%
Jul 20174.1%
Jun 20174.3%
May 20174.5%
Apr 20174.4%
Mar 20174.3%
Feb 20174.1%
Jan 20174.0%
Dec 20164.1%
Nov 20164.0%
Oct 20164.1%
Sep 20164.2%
Aug 20164.3%
Jul 20164.3%
Jun 20164.4%
May 20164.3%
Apr 20164.1%
Mar 20163.9%
Feb 20163.9%
Jan 20164.0%
Dec 20154.1%
Nov 20154.2%
Oct 20154.2%
Sep 20154.1%
Aug 20154.1%
Jul 20154.1%
Jun 20154.2%
May 20154.2%
Apr 20154.3%
Mar 20154.4%
Feb 20154.4%
Jan 20154.5%

The comparison counts only the costs of owning you never get back: interest, running costs and what the deposit and purchase costs could earn elsewhere. Loan repayments build equity, so they are left out. So is any rise in the home's value, because nobody knows it in advance. Rents here are ONS's average of all private tenancies, new and continuing, which runs below what a new tenant pays; Scotland's are mostly advertised new lets, and its councils and Northern Ireland's take their nation's figure.

Other reports for Hackney

Next 12 months

Sale prices have an 80% chance of landing between £588,066 and £691,137 by August 2027.

Expected, August 2027
£639,602
Chance of a rise
69%

Affordability

At the average sale price, a home costs £619,408. With 10% down and a 30-year mortgage, the payment is £2,858 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
35%
Payment, one income
69%

New homes

68.0% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
90
Per 1,000 residents
0.3

Foreign buyers

Figures for United Kingdom: Hackney has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

Past cycles

Sale prices have fallen by 3% or more 14 times since 1995. The deepest began in June 2008.

Deepest fall
−24.2%
Recovery from the low
38 months

People and new homes

In 2025 the population fell by 2,425 while 500 homes were finished.

Homes finished, 2025
500
Population change, 2025
−2,425

Empty homes

8.7% of the 116,341 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
8.7%
Empty homes
10,065

Renovation

In 2025, 25% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
25%