Hunters says ..
We are delighted to offer a bright and spacious two-bedroom flat in Hackney Wick, perfect for first-time buyers. The flat is located on the third floor of a well-built block from the early 2000s. The building is in a prime location, just a few minutes’ walk from Hackney Wick Overground, ...
Property Oracle says ..
The property is located in Hackney Wick, East London. Hackney Wick is a rapidly developing area with good transport links via Hackney Wick Overground station, which is less than a kilometre away. The area also benefits from several well-regarded primary schools within a reasonable distance, including Gainsborough Primary School and Kingsmead Primary School, both rated ‘Good’ or ‘Outstanding’ by Ofsted. The proximity to these amenities contributes to a positive location score.
Based on the provided images, the property appears to be in generally good condition. The kitchen and bathroom look well-maintained and modern. While the flooring in some rooms shows signs of wear, this is not extensive and doesn’t detract significantly from the overall impression of a clean, habitable space. The walls and ceilings appear to be in good repair.
The property has a plot size of 678 sqft, which is relatively small for a property in London. While it doesn’t appear to have a substantial garden, the plot size is not unusual for a property of this type in this area. The small plot size is a factor in the land score.
The list price of £425,000 is significantly below the average price of £653,940 for the area. However, the property is considerably smaller than the average property in the area (491.94 sqft compared to 2,210 sqft). The average price per sqft in the area is £295, which, when applied to this property’s size, suggests a value around £145,000. The list price is considerably higher than this figure, but considering the location and apparent condition, it may still represent reasonable value compared to similar properties in the area. Nearby listings show comparable properties selling for between £300,000 and £450,000, supporting the idea that the list price is within a reasonable range, although on the higher end.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 7
- Location
- 8
- Land
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 491.94
- Lot (est)
- 678.00
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
- 465,625.00 £Decreased by 23.81 %
- Est sale value
- 291,228.48 £Decreased by 23.12 %
- Average area rental value
- 2,831.00 £/moIncreased by 5.44 %
- Est letting value
- 1,475.82 £/moUnchanged by 0.00 %
- Est rental Yield
- 7.30 %Increased by 38.52 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
Hunters created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Gainsborough Primary School | Community School | Good | 0.44 KM |
| Mossbourne Riverside Academy | Academy Sponsor Led | Outstanding | 0.83 KM |
| Ickburgh School | Community Special School | Good | 0.87 KM |
| St. Dominic'S Catholic Primary School | Voluntary Aided School | Good | 0.89 KM |
| Kingsmead Primary School | Community School | Outstanding | 1.11 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Cadogan Close | £ 0 | 0 | 0.00 KM |
| East Cross Route | £ 0 | 0 | 0.00 KM |
| Meadow Close | £ 0 | 0 | 0.00 KM |
| Silk Mills Square | £ 395,000 | 0 | 0.00 KM |
| Towpath Walk | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Hackney Wick | 6978 | HKW | 0.59 KM |
| Homerton | 6979 | HMN | 1.39 KM |
| Stratford International | 7222 | SFA | 2.34 KM |
| Lea Bridge | 6927 | LEB | 2.49 KM |
| Hackney Central | 6977 | HKC | 2.90 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Eastway, London, E9 | £ 425,000 | BUY | 6 / 10 | 0.00 KM |
| Eastway, London | £ 625,000 | BUY | 7 / 10 | 0.02 KM |
| Eastway, London | £ 650,000 | BUY | 6 / 10 | 0.06 KM |
| Lavington Close, Hackney, London, E9 | £ 310,000 | BUY | 6 / 10 | 0.06 KM |
| Victoria Park Borders, Hackney Wick, London, E9 | £ 650,000 | BUY | 5 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 6 Lavington Close | £ 342,000 | 0.07 KM |
| 2 Lavington Close | £ 238,000 | 0.07 KM |
| 10 Lavington Close | £ 159,950 | 0.07 KM |
| 13 Lavington Close | £ 300,000 | 0.07 KM |
| 8 Lavington Close | £ 325,000 | 0.07 KM |