Butler & Stag says ..

Property Oracle says ..

The property is a 3-bedroom maisonette located in Bow East, Tower Hamlets, with a list price of £510,000. The property has 989.20 sqft of living space and is situated close to several schools and transport links. The average property price in the area is £491,819, with an average price per sqft of £664.00.

The property appears to be in good condition based on the provided images. The interior is presented in a clean and well-maintained manner. There is no evidence to suggest that the property is in need of significant repair or renovation.

While the plot size is listed as 0.00 sqft, the property does benefit from a balcony, offering some outdoor space. This is a positive attribute, especially in a densely populated area like Bow East.

Considering the property’s location, condition, and the relatively small amount of outdoor space, the list price of £510,000 is slightly above the average price for the area (£491,819). However, the property’s larger size (989.20 sqft compared to the average of 740 sqft) and proximity to amenities justify the higher price. The average price per sqft in the area is £664.00, and while the price per sqft for this property is not explicitly calculated, it is likely to be slightly higher given the larger size and potential desirability of the location. More information on comparable properties in the immediate vicinity would be needed to make a more definitive assessment of the price’s reasonableness.

Based on the provided information, the property offers a desirable combination of location, condition, and size. The slightly higher-than-average price is somewhat offset by the property’s size and proximity to amenities.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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