Harding Green says ..

Property Oracle says ..

Maida Vale, London, W9 Property Analysis

The property is a 3-bedroom, 2-bathroom flat located in Maida Vale, London, with a list price of £2,000,000. The flat has 1,976.68 sqft of living space and a plot size of 1,980.88 sqft. The average price for similar properties in the area is £2,171,435, with an average price per sqft of £1,542.00.

Location: Maida Vale is a highly desirable area of London, known for its excellent schools, transport links, and proximity to amenities. The presence of outstanding and good-rated schools within a short distance (St George’s Catholic School and St Joseph’s RC Primary School) significantly enhances the desirability and value of the property. The relatively close proximity to several London Overground stations and Network Rail’s Paddington station provides convenient access to the wider London area. This contributes to a high location score.

Condition: Based on the provided images, the property appears to be in excellent condition. The modern, well-maintained interior, including the kitchen and bathrooms, suggests a recent renovation or high-quality build. The property is presented in a stylish and contemporary manner, suggesting a high level of finish and minimal need for repair or renovation.

Land: The property includes a substantial roof terrace, providing valuable outdoor space. While not a traditional garden, the size and design of the terrace offer a significant benefit, particularly in a densely populated urban area like Maida Vale.

Price: Considering the property’s location in Maida Vale, its excellent condition, and the inclusion of a roof terrace, the list price of £2,000,000 appears reasonable. While slightly below the average price for the area (£2,171,435), the larger than average size (1,976.68 sqft vs 1,408 sqft average) and superior condition likely justify the price. The average price per sqft in the area is £1,542, while this property’s price per sqft is lower, reflecting the overall value proposition. The presence of nearby properties with significantly higher price points (e.g., £8,640,000) further supports the reasonableness of the asking price.

Therefore, we give this property 9 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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