The Housing Market in Stoke Newington

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By RosieWatts | Monday, September 20, 2010, 12:11

To sum the current housing market in a certain area, you

first have to sum up the area and strangely the best way to do this came to me

whilst doing my grocery shopping, by relating our very own Stoke Newington to a

vegetable.........

A potato. Now being our wonderful area we all know that this

would not be just an ordinary potato, definitely not. A N16 potato would be an

organic, rare variety and hand picked potato. It would arrive on your doorstep as

part of a environmental and socially accepted process. Crafted in recyclable

materials, packaged by an artist on the brink of success and delivered by a

biofueled cart.

But with all this originality comes a price, slightly more

expensive than your standard spud.

We all know Stokie is not the cheapest place to live, as our

reputation in this city is so high we can kind of understand the attraction of

our community to visitors and homebuyers. With this attraction comes an

increase in property value.

Figures from upmystreet.com certainly reflect this as a terraced

property in Bayston Road, N16, was sold in 2001 for approximately £230,000.

That same property was sold at the beginning of the year for approximately

£560,000.

With an average selling price of properties in N16 soaring

at £362,417. It seems we can be satisfied that the housing market is good, as

the national average is £229,767.

Like most homeowners the main point of concern for me in

these current times is the price of my bricks and mortar today. For a really

good and simple graph on the subject, visit Homes.co.uk.

If you are looking for a property in Stoke Newington here

are a sample of estate agents local to our area.

Church Street Agents:

Michael Naik

Nextmove

Julian Reid

Filey Properties

Location Location

Oakwood Estate Agents

Other Agents:

N16 Estate Agency

Located at 145A Stoke Newington Road

Leswin Estates

Located at 93A Stoke Newington Rd

Like most things it is sometimes easier to just relax on

your sofa and surf the web. Gumtree

is an excellent website for free ads. Just a word of warning, all descriptions

and pictures are updated by the seller and there have been stories of

properties being advertised that do not match up to the description or even

worse are not actually for sale or rent. Another issue I’ve found is that as

N16 is such a desirable area, some advertisers are stretching our borders that

define Stoke Newington, unless I’m mistaken Dalston Lane is in Dalston not N16.

One of the most popular property website is Rightmove. This

is perfect if you want to get a broad selection of homes for sale in your area.

Click here

to see what is available in N16 right now.

Another great way to sell or enquire about properties for

sale or rent is our very own Stoke Newington People site. Here members of our

community can advertise their properties and you can be sure that if anyone

tries to sell something that is not 100% Stokie then you’ll have a whole online

local community ready to give their opinion on what its really like.

      

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