Rooted says ..

Property Oracle says ..

Oriel Road is located in Hackney Wick, a vibrant and increasingly popular area of East London. The property benefits from being within a short distance of several well-regarded primary schools, including St. Dominic’s Catholic Primary School and Ickburgh School, both rated ‘Good’ by Ofsted. Excellent transport links are also nearby, with Homerton Overground station just 0.31km away, providing easy access to central London and beyond. This contributes to a high location score.

The property appears to be in good condition. The images show a well-maintained interior with a recently updated kitchen and bathroom. There is no visible evidence of significant repairs or renovations needed. The garden also appears well-kept. This suggests a high condition score.

The property has a garden, which is a significant advantage in a densely populated area like Hackney Wick. The size of the garden is not specified, but the images suggest a reasonable-sized outdoor space. This contributes to a positive land score.

The list price of £900,000 for a 1,130 sqft property in Hackney Wick seems relatively high compared to the average price per sqft in the area (£295). While nearby properties on Oriel Road have sold for between £219,000 and £730,000, these lack the detailed information to make a fair comparison. The higher prices of nearby properties on Hassett Road (£525,000 - £1,150,000) suggest that the location commands a premium. However, considering the average price for the area, the property’s condition, and the inclusion of a garden, the list price could be considered reasonable, although perhaps slightly on the higher end of the market. More data on comparable properties would be needed to give a more definitive assessment.

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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