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Neighbourhood Watch: Hoxton

Amazing location: Hoxton is a stone’s throw from the city

Cool, central and cheaper than Shoreditch — no wonder this area is climbing high

Setting the scene

HOXTON has earned its place on east London’s property map. Tucked between City Road and the Regent’s Canal, after years in the doldrums, it rose to prominence in the mid-1990s as the epicentre of the Young British Art movement, when Tracey Emin and Gavin Turk were able to rent studio space in old warehouses for next to nothing, and became far more accessible when the Overground station opened in 2010. Although no longer affordable to penurious artists, it’s still hip and happening, though some critics say it’s lost its edge by becoming over-commercialised.

What’s new

Great conversion: Hoxton Press is on the site of a former paper company

Anthology’s Hoxton Press, on the site of a former paper and craft company, forms part of the regeneration of the Colville estate and consists of one, two and three-bed flats and penthouses spread across two hexagonal towers. Ready to move into, they start from £600,000, anthology.london.

The Omnium, from Higgins Homes, is another private sale scheme on the Colville estate site. The 35 one to four-bed apartments are priced from £530,000 to £925,000, and London Help to Buy’s available on homes under £600,000, higginshomes.co.uk.

Dash, by Countryside, comprises 43 one and two-bed apartments and four three-bed duplexes in a seven-storey building with a residents’ courtyard and roof terrace. Homes come with a 12-month car club subscription, and start at £599,995, dash-hoxton.co.uk.

Eagle Wharf Road is a collection of 36 one, two and three-bed warehouse-style apartments, inspired by Hoxton’s industrial and artisanal past. Each incorporates large Crittal windows, a jet black kitchen, timber flooring and a balcony, from £595,000, stonerealestate.co.uk.

At the end of January 2019, developer Londonewcastle will be launching 175 homes at The Makers, ranging from studios to three-bed duplexes and penthouses. Amenities include a screening room, two communal roof gardens, a gym and bike storage, from £600,000, themakersshoreditch.com.

Snooping around

Social hub: Hoxton Square

It was heavily bombed in World War II but pockets of period housing survive, and Georgian townhouses and funky loft apartments stand alongside council blocks and new builds. ‘Hoxton blends contemporary and traditional property styles to outstanding effect, and is about 20 per cent cheaper than Shoreditch’ says Tom Page of Fyfe Mcdade. ‘It attracts the gastronomically adventurous, entrepreneurs, and the socially conscious. Prices start at around £400,000 for a one-bed ex-local authority flat and £750,000 for a three-bed apartment, rising to over £2million for a sprawling penthouse.’

Vital statistics

Council tax (Band D): £ 1,374.67

Commuting time: In Zone 1

Annual Travelcard: £1,364

Amenities: ★★★★☆ The hub is around Hoxton Street, Hoxton Square and Pitfield Street. Bars and restaurants are mostly independents. Hoxton Square Bar & Kitchen and Howl At The Moon, a pub, are well established while newbies include restaurant The Frog and the subterranean Iron Stag Bar, by former Masterchef finalist Adam Handling; Hoxton Street Market; Columbia Road Sunday flower market; Listed Victorian Hoxton Hall is a theatre and music venue.

Open space: ★★★☆☆ Hoxton Square; Shoreditch Park; Regent’s Canal towpath; Geffrye Museum gardens (museum is closed for a refurb)

Schools: ★★★☆☆ GCSE and A-level results about average; Ofsted rates nearly all local state primaries and secondaries as outstanding.

Crime: ★★★☆☆ About average.

Who lives there? Creatives, techies, City professionals and students.

Schools and profile supplied by Zoopla.co.uk

Famous faces: Coronet Street doubled as 1960s Soho in the film Legend, starring Tom Hardy (above).

Rent report: ‘Renters have changed from bankers or lawyers to more creative types. Hoxton is becoming the haven for tech guys, graphic designers and artists. An average two-bedroom flat will set you back around £450 per week,’ says Alex Lessios of Dexters.

Property ladder

First rung

£379,950, Foxtons, foxtons.co.uk

Convenient for the station and Hoxton Square’s bars and eateries, this one-bed, fourth-floor ex-local authority flat has a large living room with a dining area and a private balcony.

Average for Hoxton

£600,000, Chestertons, chestertons.com

A two-bed, two-bath flat on the third floor of a gated canalside development. Patio doors from the spacious open-plan kitchen/living room open out to a balcony with views over the water. The average property price over the past 12 months for Hoxton is £605,360, according to Zoopla.co.uk.

Luxury living

£5million, Fyfe Mcdade, fyfemcdade.com and Savills, savills.co.uk

This mid-19th-century, five-storey former print house has a cinema, steam room, library and two terraces.