Bairstow Eves says ..

Property Oracle says ..

The property is a three-bedroom flat located on Balls Pond Road in Islington, London. The list price is £500,000, and the property has 617.96 sqft of living space and an 870.80 sqft plot. The area has an average price of £1,010,179 and an average price per sqft of £1,132. Location: Balls Pond Road is in a desirable area of Islington, known for its vibrant atmosphere, independent shops, and proximity to green spaces. Several highly-rated primary schools are within a short distance, including Our Lady And St Joseph Catholic Primary School (Outstanding) and St Jude And St Paul’S Cofe Primary School (Good). The area is also well-served by public transport, with Dalston Kingsland and Dalston Junction Overground stations less than a kilometre away. This contributes to a high location score. Condition: Based on the provided images, the property appears to be in generally fair condition. While the main living areas and bedrooms have been recently decorated and feature new flooring, some areas show signs of needing attention. The bathroom shows some signs of age and may require updating. The loft conversion, while usable, appears unfinished. This suggests a moderate condition score. Land: The property benefits from a relatively large plot size of 870.80 sqft, which is unusual for a property in this area of London. This is a positive feature and contributes to a good land score. Price: Considering the property’s location, size, and condition, the list price of £500,000 appears significantly below the average price for the area (£1,010,179). While the condition is not perfect, the large plot size and desirable location partially offset this. The average price per sqft in the area is £1,132; however, the provided property information does not include the price per sqft for the subject property. The price seems reasonable, given the factors mentioned, resulting in a relatively high price score.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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