Furrow Lane, Homerton
DE

Furrow Lane, Homerton

By Dexters

£ 550,000

Reviews

3 out of 5 stars

Dexters says ..

A two double bedroom purpose built flat in excellent condition measuring just shy of 900 sq ft. The property benefits from an open plan kitchen living area with space to dine, modern family bathroom and a plethora of storage. There is secure entry, lift access and a communal roof terrace & playgr...

Property Oracle says ..

The property is a two-bedroom flat located in Homerton, Hackney, with a list price of £550,000. The flat is 496.17 sqft and is situated in a building with balconies. The interior is modern and well-maintained, featuring a contemporary kitchen and bathroom. The location benefits from proximity to Homerton Overground station (0.67km) and several highly-rated schools including The City Academy, Hackney (Outstanding Ofsted rating, 0.05km). The average property price in the area is £520,532, with an average price per sqft of £753. While the property is smaller than the average in the area (496.17 sqft vs 691 sqft), its modern condition and desirable location justify the list price, which is slightly above average. Nearby comparable properties range from £200,000 to £665,500, indicating some price variation in the immediate vicinity. The presence of a balcony is a positive attribute. The lack of information on the plot size prevents a comprehensive assessment of the land value.

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

Price
8
Condition
9
Location
9
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
496.17
Lot (est)
893.40

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
558,333.00 £
Increased by 14.50 %
from 487,635.00 £
Est sale value
381,554.73 £
Increased by 10.33 %
from 345,830.49 £
Average area rental value
2,485.00 £/mo
Increased by 5.03 %
from 2,366.00 £/mo
Est letting value
1,488.51 £/mo
Unchanged by 0.00 %
from 1,488.51 £/mo
Est rental Yield
5.34 %
Decreased by 8.25 %
from 5.82 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Dexters created the listing.

Nearby Schools

NameTypeOfstedDistance
The City Academy, HackneyAcademy Sponsor LedOutstanding0.05 KM
Cardinal Pole Catholic SchoolVoluntary Aided SchoolGood0.23 KM
St John And St James Cofe Primary SchoolVoluntary Aided SchoolOutstanding0.23 KM
Morningside Children'S CentreChildren's Centre Linked Site0.37 KM
Morningside Primary SchoolCommunity SchoolOutstanding0.37 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Banister House £ 415,00000.00 KM
Shepherd's Lane £ 350,00000.00 KM
Morning Lane £ 000.00 KM
Fisher Close £ 000.00 KM
Kenton Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Homerton6979HMN0.67 KM
Hackney Central6977HKC0.91 KM
London Fields6966LOF1.38 KM
Hackney Downs6867HAC1.41 KM
Clapton6926CPT1.72 KM

Nearby Listings

AddressPriceTypeScoreDistance
Furrow Lane, Homerton £ 550,000BUY7 / 100.00 KM
Furrow Lane, Alvares House, E9 £ 425,000BUY7 / 100.05 KM
Furrow Lane, Hackney, London, E9 £ 400,000BUY6 / 100.05 KM
Homerton Row, Homerton £ 550,000BUY6 / 100.09 KM
Staveley Close, London, E9 £ 500,000BUY6 / 100.12 KM

Nearby Properties

AddressPriceDistance
15 Furrow Lane £ 665,5000.05 KM
19 Barton Close £ 233,0000.06 KM
12 Barton Close £ 245,0000.06 KM
6 Barton Close £ 200,0000.06 KM
6 Staveley Close £ 145,0000.12 KM