With countless areas of our capital being rediscovered on a regular basis, districts are benefiting from surges in popularity thanks to gentrification. Dalston was crowned the UK's top property hot spot of 2016 by Zoopla, thanks to house prices in the area rocketing by 60% over the five years through 2016.
In true hipster recycling fashion, this property, on with us at £1.95 million, was once the library of the former Hackney Institute College. If you're interested in selling or letting your Dalston property, contact Dexters Hackney on 020 7483 6366. Call us 7 days a week, 8am - 8pm.
According to the website Zoopla, property in "hipster hotspots" across the country has shot up in value in recent years. Its research looked into the impact on house prices in areas that have attracted new generations of creative, upwardly-mobile people. Some neighbourhoods have become more "gentrified" as younger generations of home buyers have found themselves priced out of the areas nearby. The epicentre of the UK's hipster housing price boom is Dalston, in north-east London, where house prices have increased 60pc in the last five years. The average home there now costs almost £634,000. Shoreditch, Stratford, Tooting and Stoke Newington were also identified as gentrifying areas of London where house prices have soared in the last five years as hipsters moved in.