The list price of £5,250,000 is substantial for the area, even with the consideration of location and garden size. Although Highgate is a high-value area, the lack of comparable recent sales data hampers accurate price per square foot comparison. The condition of the property requiring renovation could influence a buyer’s offer price, thus impacting its value relative to other properties in Highgate. The price seems high, considering the need for renovation, but still within the realm of possibility, given the location and size of the property and the value of properties in this area.

While the property is charming and retains many original features, several aspects suggest a need for some degree of modernisation and updating. The bathrooms, in particular, appear dated. The kitchen shows signs of age, and several rooms exhibit somewhat worn finishes, carpet, and décor. While structurally sound and possessing character, a considerable renovation budget should be anticipated. This prevents a higher condition score.

Highgate is a highly desirable and prestigious residential area in North London. Its excellent location boasts proximity to top-rated schools like Highgate School and St Michael’s Cofe Voluntary Aided Primary School, which are literally steps away. Furthermore, the area is known for its beautiful green spaces, Hampstead Heath being relatively close by, good transport links (although not immediately on the doorstep), and a generally affluent and safe neighbourhood. This contributes to a high quality of life and strong property values.

The property includes a sizeable garden, which is a significant advantage in London, where outdoor space is often at a premium. The garden appears well-established and offers good potential. The photos suggest a considerable outdoor area that could further enhance the desirability of the property.