Hurford Salvi Carr says ..

Property Oracle says ..

The property is a 1-bedroom apartment located in Hoxton West, Hackney, in the N1 7LP postcode district. The list price is £700,000. The area boasts an average property price of £945,672, with an average price per square foot of £990. However, the square footage of the subject property is not provided, hindering a precise price-per-square-foot comparison.

The property’s location benefits from proximity to several Underground stations (Old Street, Moorgate) and mainline stations (Liverpool Street), offering convenient transport links. Good and Outstanding Ofsted-rated schools are also within a reasonable distance, making it an attractive area for families.

Based on the images, the property appears to be in excellent condition. It is modern, with a contemporary design and high-quality finishes. The apartment features an open-plan living area with large windows, a modern kitchen, and a stylish bathroom. There is no apparent need for renovation.

While the plot size is listed as 849 sq ft, the absence of internal square footage prevents a definitive assessment of land value relative to price. However, the presence of some outside space, as shown in the images, is a positive feature.

Considering the average property price in the area (£945,672) and the lack of available square footage data for the subject property, a conclusive statement on the price reasonableness cannot be made without additional information. The list price of £700,000 appears potentially below average for the area, but more data is needed to confirm this.

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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