Hackney is a kaleidoscope of dwellings and dwellers, encompassing some of the capital's most deprived areas as well as housing some of the city's richest companies and individuals. The established Victoria Park to the east has some of the most expensive houses in Hackney, and rocketing prices reflect the enormous restoration that has taken place here. Whilst many of Hackney's run-down housing estates have also been replaced by attractive housing, there are still the sprawls of neglected council estates despite huge amounts of private and public money having been poured into the borough. In Hackney's favour is its location, convenient for Stratford, the City, Docklands and only 4 miles from the city centre.
Hackney's landscape is ever-changing and smart pockets such as trendy Stoke Newington with its Victorian villas are being joined by the luxury flats and mews houses that are emerging on the derelict sites and converted old buildings. Whilst the conversion of factories and schools into flats and spacious live/work lofts has earned Hackney a reputation as a home for working artists, it has also put a question mark over the quality of its schooling. In Hackney Central, you will find the most coveted properties, such as the fine Georgian terraced homes some with 5 storeys. There are mews town houses, 3-bed terraced as well as modernised council estates. Trendy Stoke Newington has a variety of properties, 4 storey Victorian houses, modern flats and loft conversions. Dalston and London Fields have a growing cosmopolitan image with its 4 storey Victorian and 2/3 bed family houses, 3 and 4 storey Victorian terraces survive, and are joined by new build 3 and 5 bed mews houses and modern 1 and 2 bed flats.
Young city and media/artistic types are drawn to the area because of its claim to artistic culture. The vast open plan living units created by the conversion of old factories and warehouses are much sought after by the wealthier city professionals. Also popular with city families but schooling remains a problem.