Knight Bishop says ..

Property Oracle says ..

London Fields is a popular area in Hackney, known for its vibrant atmosphere, green spaces, and proximity to excellent transport links. The property’s location near London Fields benefits from its close proximity to several highly-rated primary schools, including Queensbridge Primary School which has an ‘Outstanding’ Ofsted rating. Several Overground stations are within walking distance, providing easy access to central London and other parts of the city. This makes the location highly desirable, particularly for families and young professionals.

The property itself appears to be in good condition. The images show a clean and well-maintained interior, with modern fixtures and fittings. There is no visible evidence of significant damage or wear and tear that would require extensive repairs or renovations. The property benefits from a private balcony, offering outdoor space.

While the plot size is not insignificant at 7,168.76 sqft, it’s important to note that this is a two-bedroom apartment, and therefore the land is shared with other residents in the building. The private balcony provides some outdoor space, but it is not a substantial amount of private land.

Considering the property’s size (1,248.61 sqft), location, and apparent condition, the list price of £495,000 seems relatively reasonable in comparison to the average price per sqft in the area (£962.00). While the average property price in London Fields is significantly higher (£816,866), this reflects the higher average sqft of properties in the area. The list price is below the average price for similar properties on Celandine Drive, suggesting it could represent good value. However, the lack of information on comparable properties with similar sqft makes a definitive conclusion 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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