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London Zone 1 | Hoxton - A Sort of ‘North End’ to Rival the West End

Hoxton - A Sort of ‘North End’ to Rival the West End

 

Hoxton - Region Background and Development

 

Hoxton has long been considered a prized area of London due to its proximity to the City of London. Hoxton is located in the north of the City of London, bounded by Regent's Canal to the north, Dock Road and City Road to the west, Old Street to the south, and Kingsland Road to the east.

For over 500 years, Hoxton has had an extraordinary history. In Tudor times, it was a weekend retreat for the wealthy city of Hamburg, and Hoxton housed many estates belonging to ambassadors and other dignitaries so that they could get some fresh air away from the city. Hoxton later became a gathering place for gunpowder plotters. In the Victorian era, it was a residential area favoured by the middle class. In the years following the Second World War, many Hoxton houses were demolished to make way for a series of new council estates. By the end of the 20th century, the southern half of Hoxton had become a vibrant arts and entertainment district, with numerous bars, nightclubs, restaurants and art galleries, trendy steel and glass apartment buildings and expensive warehouse apartments.

Since the early 2000s, the area's trendy image has steadily improved as property developers have turned to the area, which, combined with Hoxton's location and transport links, has seen property prices continue to rise sharply. As a result, some galleries have also moved to nearby Shoreditch, or further afield, such as London Fields or Bethnal Green. However, many media have successively reported that many technology investment companies and design art-related industries have gathered in Hoxton. Hoxton is no longer a gathering place for the working class. On the contrary, it has been transformed into a city that never sleeps for the middle-class young people. Many young people with high salaries gather here.

Hoxton - Location and Traffic

 

Hoxton is located in London zone1, just to the north of the City of London, within a few minutes' walk. Belonging to the London Borough of Hackney, bordering the Regent's Canal to the north and Old Street to the south, it is shaped like a rough diamond. The zip code of the district is N1, and the best location should be Hoxton Square, which is located in the core of Hoxton.

Hoxton has Overground and Black Line: Overground has Hoxton Station, and Black Line - Northern Line has Old Street Station.

 

Hoxton - Life and Recreation

 

Hoxton has a wealth of leisure activities. Surrounded by many famous tourist attractions, such as: Shoreditch, Spitalfields, Islington and Brick Lane. Entertainment and culture surround Hoxton, with a wide variety of galleries and comedy clubs. Beyond culture, Hoxton is home to a host of venues that offer an unparalleled entertainment experience:

In addition to the unique retro Taobao shops, the Brick Lane Red Brick Lane Market also has a big Sunday market. There are not only street performances, but also a variety of gourmet snacks, many restaurants and bars with feeling.

20 Hoxton Square is one of the most popular galleries as it showcases a wide variety of contemporary art, from watercolours to photography by budding artists. The gallery also has a bar and screening room, and it even has its own newspaper.

The Geffrye Museum specializes in designing and exhibiting the evolution of British interior style from the 17th century to the present. It was built for the Iron Company in 1714, thanks to a bequest from Sir Robert Jeffrey, former Lord Mayor of London and Master of the Iron Company.

Hoxton Hall has been hosting delightful shows since 1863. See a variety of captivating performances from cutting-edge contemporary theater and entertaining cabaret when you visit Hoxton Hall.

XOYO is a nightclub for very young people, and it is also a good place for nearby office workers to drink and dance after get off work. There are often tours by many well-known DJs here!

 

In terms of life, Hoxton is also very convenient. In addition to the surrounding parks, the area also contains the four major supermarket chains in the UK, six major banks, multiple movie theatres, public hospitals, many family doctors, etc. In Hoxton, it is very convenient whether you go shopping on Oxford Street, enjoy all kinds of food in Covent Garden, or go to China Town to reminisce about your hometown. You can take the subway black line directly to China Town.

Hoxton - Local Education


According to Ofsted, an authoritative office for standards in education in the UK, in the Hoxton area there are:

 

Independent School

SchoolAge
North Bridge House Senior Canonbury11-18
North Bridge House Prep School7-13

 

Primary School

SchoolAge
William Tyndale Primary School3-11
St Clement Danes CofE Primary School3-11
The Cathedral School of St Saviour and St Mary Overy3-11

 

Secondary School

SchoolAge
Hackney City Farm11-18
 The Complete Works Independent School11-18
Inspired Directions School11-18

 

Hoxton - Property Market

 

Let's take a look at the housing prices in Hoxton!

Next, let's look at more detailed statistics about the average price of buying and renting a house:

 

Hoxton - Council Tax

 

Council Tax is a tax that you have to pay every month whether you buy or rent a house. It can be classified as a necessary fixed cost, so check the Council Tax in the area before buying or renting a house:

Council RateTax Pay
Brand A£1007,76
Brand B£1,175.76
Brand C£1,343.71
Brand D£1,511.68
Brand E£1,847.60
Brand F£2,183.54
Brand G£2,519.46
Brand H£3,023.36

 

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Landlord Fees

Letting Only: - 12% (Inc VAT)

Management Only: 7.2% (Inc VAT)

Letting & Management: 19.2% (Inc VAT)

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Tenant Permitted Payments

Refundable Holding deposit: - Capped at 1 weeks rent

Security Deposit: Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000

Rent: The agreed monthly rent

Changes to tenancy Capped at £50 inc VAT

Early termination charge: Not exceeding the landlord’s financial losses

Late payment of rent: Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue

Replacement keys: Reasonable costs or give the tenant the option to purchase themselves

Utilities, council tax, communication services, TV Licence etc: Tenants own responsibility unless otherwise stated in contract

Client Money Protection Scheme: Membership details C0009130

Property Redress Scheme Membership details TPO N01995