Estate agents are tipping the East London neighbourhood of Plaistow as the next Hackney, despite describing the area as 'unfashionable'. The prediction comes as young buyers are reportedly being priced out of Hackney, which has undergone significant gentrification over the past two decades.
Why Plaistow is on the rise
Plaistow topped a list of 'surprising' locations worth investing in for 2026 compiled by Nathan K Real Estate owner Nathan Khider. According to Khider, East London remains a desirable area for first-time buyers and investors due to its affordability and ongoing regeneration.
'East London is always a desirable area and will continue to attract first-time buyers and investors drawn to its affordability and ongoing regeneration,' Khider told Metro. 'Young people are being priced out of Hackney, which has become gentrified and really expensive. Instead, Mile End, Plaistow, Canning Town and Stratford offer much better value for money.'
A previous study by Hackney Council concluded that almost half of its residents (45%) say it has become more unequal in recent years, while house prices in the area rose by 833% between 1995 and 2020.
Resident's perspective on Plaistow's transformation
Terri Bloore has lived in Plaistow for five years and has witnessed its increasing gentrification. She notes the area remains affordable despite being less than 30 minutes from the city and 20 minutes from Stratford International.
'With the new V&A Stores, Sadler's Wells East, Olympic Park and of course the behemoth Westfield – there is lots to do and see,' Bloore told Metro. 'I love running along the Green Line in the summer, which connects the Docklands and the City – Plaistow is right in the middle, so a perfect green oasis from the hustle and bustle.'
Bloore added that the area is 'still going through its transition', with modern flats near the station, trendy coffee shops, and a gym now present. She also highlighted the architecture near Plaistow Library and the old Arts College, and the view of Canary Wharf Towers from her window.
Local amenities and transport
Plaistow offers a range of food venues, including Kohinoor Grill & Thrill for Turkish cuisine, Kate's Cafe for Ghanaian comfort food, Caloroso for pizza, Grace Pot Caribbean, and a Ukrainian spot called Albina. Local pubs include The Black Lion, The Abbey Arms, and The Boleyn Tavern. Green spaces include Plaistow Park, the Memorial Recreation Ground, and Central Park near East Ham.
According to Rightmove statistics, the average Plaistow property price over the last year was £402,185, compared to the London average of £655,370. In Hackney, the average was £684,242 over the same period.
Plaistow is on the District and Hammersmith & City Lines, around 30 minutes from Victoria, with bus routes including the 69, 115, 241, and 262 connecting to Canning Town and Stratford.
