Location Location says ..

Property Oracle says ..

The property is located in Gibson Gardens, London, N16, a residential area in Hackney, within easy reach of Stoke Newington Overground station (0.23km). The area benefits from several primary schools, including William Patten Primary School (rated ‘Outstanding’ by Ofsted) and Tawhid Boys School (rated ‘Good’). While some nearby schools have received ‘Inadequate’ ratings, the presence of highly-rated schools nearby is a positive factor for families. The average house price in the area is significantly higher (£592,059) than the listed price of this property, suggesting potential value. However, the average property size is also larger (1,677 sqft) than this flat (439.17 sqft).

The property itself appears to be a one-bedroom, one-bathroom flat. The images suggest the property is in good condition, although it has a traditional style with some period features. The kitchen and bathroom appear functional and well-maintained. The property benefits from a small, shared garden area, which is a positive feature in a densely populated urban area.

Considering the property’s location, condition, and the relatively small size of the plot, the list price of £400,000 appears to be in line with or slightly below the average price per square foot in the area, especially considering comparable properties on Gibson Gardens and nearby streets are listed at similar or higher prices. However, the lack of plot size information for comparable properties makes a precise comparison difficult.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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