Keatons says ..

Property Oracle says ..

The property is a 5-bedroom, 2-bathroom house with a total area of 1,408.46 sqft. It benefits from a garden, which is a desirable feature in London. The property appears to be in good condition based on the provided images; it is modern and well-maintained, with a contemporary kitchen and bathrooms. The location in Bow East, Tower Hamlets, places it within reasonable proximity to several transportation links including the London Overground and c2c lines, making it convenient for commuters. Furthermore, there are several well-regarded schools nearby, including Phoenix School, which has an ‘Outstanding’ Ofsted rating. This is a significant positive for families.

Considering the average price per sqft in the area is £664, and this property is listed at £925,000, the price seems relatively high compared to the average property price of £491,819. However, the property’s larger size (1,408.46 sqft compared to the average of 740 sqft), modern condition, and the inclusion of a garden likely justify the higher price point. Nearby comparable properties on Hereford Road itself support this higher price, with several terraced houses selling for between £346,000 and £730,000. One detached property on the road sold for £665,000, which is closer in size and type to the subject property. However, the lack of sqft data for many nearby properties makes a precise comparison challenging.

The property’s good condition, desirable location near schools and transport, and the presence of a garden all contribute to its overall appeal. The high price point is somewhat mitigated by the size and quality of the property compared to the average in the area.

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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