Castles Estate Agents says ..

Property Oracle says ..

The property located on Sewdley Street in Hackney, London is a mid-terrace period home that requires updating. The property is situated on a tree-lined residential street and features spacious interiors with generous rooms. The images show that the property is in need of significant renovation throughout. The floors, walls, and fixtures appear dated and worn. There is also evidence of some damage to the walls and ceilings. The garden is overgrown but present. While the location in King’s Park, Hackney is generally considered desirable due to its proximity to green spaces like Millfields Park and relatively good transport links via the Overground, the property’s condition significantly impacts its overall value. The need for extensive renovation work is a major factor to consider. Several nearby properties on Sewdley Street and surrounding streets have sold for prices ranging from £405,000 to £1,800,000. However, without square footage data for these comparable properties, a precise price per square foot comparison is not possible. The listed price of £1,150,000, considering the property’s condition and the lack of information regarding the square footage of comparable properties, is difficult to assess definitively as either good or poor value. Further investigation into comparable properties with similar square footage and condition would be needed to make a more informed judgment.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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