Banbury Road, London
SO

Banbury Road, London

By Sovereign House Estates

£ 325,000

Reviews

2 out of 5 stars

Sovereign House Estates says ..

Here is a rare opportunity to purchase an apartment at this price point in this exciting location just a stones throw to Victoria Park. The size and layout make it a perfect fit for any first time buyer as having both a separate generously sized kitchen and balcony offer a real unexpected bonus ...

Property Oracle says ..

This one-bedroom apartment situated on Banbury Road, Hackney, London, presents a mixed bag of features. Its location near Victoria Park is a key selling point. Victoria Park is a large, popular park with numerous amenities and is known to attract a higher price point. The proximity to good schools and Overground stations adds to its convenience and desirability. The apartment itself, however, appears dated. Images show the interior needs modernising, particularly the kitchen and bathroom. While structurally sound, the finishes seem worn and basic. The inclusion of a balcony is a plus, although the absence of a private garden might be a drawback for some buyers. The list price of £325,000 seems reasonable considering the property’s location and size, relative to other properties listed for sale in the nearby area, but potential buyers should factor in costs of renovation and modernisation into their budget.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
2
Bedrooms
1
Bathrooms
1
Sqft (est)
559.72

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
273,072.00 £
Decreased by 1.50 %
from 277,242.00 £
Est sale value
189,185.36 £
Increased by 29.01 %
from 146,646.64 £
Average area rental value
1,340.00 £/mo
Increased by 9.39 %
from 1,225.00 £/mo
Est letting value
559.72 £/mo
Unchanged by 0.00 %
from 559.72 £/mo
Est rental Yield
5.89 %
Increased by 11.13 %
from 5.30 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Sovereign House Estates marked this listing as sold.

  • Sovereign House Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Mossbourne Victoria Park AcademyAcademy Sponsor LedGood0.07 KM
Lauriston SchoolCommunity SchoolGood0.39 KM
Wentworth Nursery School And Children'S CentreLocal Authority Nursery SchoolOutstanding0.52 KM
Wentworth Nursery School And Children'S CentreChildren's Centre0.52 KM
Orchard Primary SchoolCommunity SchoolOutstanding0.69 KM

Images

IMG_1091_8_large IMG_5143_2_origin... balcony 2 IMG_5645_9_large lounge bedroom balcony kitchen bathroom 2 external IMG_6078_9_origin... IMG_1091_1_origin... bathroom

Nearby Streets

NameAverage PriceAverage SqftDistance
Guinness Close £ 000.00 KM
Derwent Walk £ 000.00 KM
Church Crescent £ 1,250,00000.00 KM
Cassland Road £ 000.00 KM
Handley Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Homerton6979HMN0.90 KM
London Fields6966LOF1.64 KM
Hackney Central6977HKC1.69 KM
Cambridge Heath6962CBH1.75 KM
Hackney Wick6978HKW2.08 KM

Nearby Listings

AddressPriceTypeScoreDistance
Banbury Road, London, E9 7EB £ 300,000BUY4 / 100.00 KM
Banbury Road, London E9 £ 400,000BUY6 / 100.04 KM
Penshurst Road, Victoria Park, London, E9 £ 1,000,000BUY6 / 100.06 KM
Penshurst Road, London, E9 £ 2,000,000BUY8 / 100.09 KM
Penshurst Road, London, E9 £ 550,000BUY7 / 100.09 KM

Nearby Properties

AddressPriceDistance
50a Penshurst Road £ 173,0000.08 KM
34a Penshurst Road £ 550,0000.08 KM
32 Penshurst Road £ 78,0000.08 KM
26 Penshurst Road £ 1,060,0000.08 KM
44a Penshurst Road £ 650,0000.08 KM