A study from accountancy firm UHY Hacker Young has found that Hackney has seen a bigger leap in residents’ disposable income since 1997 than anywhere else in Britain. The amount of money locals have left after mortgages or rent, and taxes, has almost trebled, from £6,448 to £19,261. Hackney house prices have increased more than in any other local authority in the period, with the average cost of a flat in the borough now over £515,000.
Evening Standard (02/08/2018)