Foxtons says ..

Property Oracle says ..

The property is a 1 bedroom flat located in Hackney, East London. The flat is situated within a larger brick built block. From the images provided the property appears to be in reasonable condition, although some minor modernisation may improve its overall appeal. The property benefits from allocated parking. The location is convenient with several transport links nearby, including Clapton and Rectory Road Overground stations, both within a 1km radius. There are also several primary schools within a short distance of the property, including Northwold Primary School (rated ‘Good’ by Ofsted) and Jubilee Primary School (rated ‘Outstanding’).

The property is listed at £400,000 and has a floor area of 525 sqft. The average price per sqft in the area is £353, suggesting that the property may be slightly overpriced compared to the average. However, it’s important to consider that the average property size in the area is significantly larger (1,677 sqft) than this flat. The lack of plot size is a significant factor. The relatively low price compared to other nearby properties could be attributed to its smaller size and the fact that it is a flat rather than a house. The area average property price is significantly higher (£592,059), which may suggest that this property represents good value for money, despite its size.

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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