The Modern House says ..

Property Oracle says ..

Stoke Newington is a highly sought-after area of London, known for its excellent schools, trendy atmosphere, and convenient location. The property’s proximity to several well-regarded primary schools, including William Patten Primary School (rated Outstanding by Ofsted), and its relatively close distance to several Overground stations, makes it attractive to families and commuters alike. The average house price in the area is high, reflecting the desirability of the location.

The property itself appears to be in excellent condition. The images show a recently renovated interior with high-quality finishes and modern fixtures. The open-plan living space is bright and airy, and the kitchen is well-equipped and stylish. There is also evidence of a well-maintained private outdoor space.

The property benefits from a relatively small but well-maintained garden, providing valuable outdoor space in a densely populated area.

Considering the property’s location in a desirable area, its excellent condition, and the inclusion of a garden, the list price of £1,550,000 seems relatively high compared to the average price per square foot in the area (£876). While the property is larger than the average in the area (1068 sqft vs 1310 sqft), the premium is significant. However, the unique character of the property, its modern renovation, and the scarcity of similar properties in the area may justify a higher price per square foot. More detailed information regarding comparable properties and recent sales in the immediate vicinity would be needed to provide a more definitive assessment of value.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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