Green Lanes, London, N16
WI

Green Lanes, London, N16

By Winkworth

£ 450,000

Reviews

3 out of 5 stars

Winkworth says ..

A spacious one double bedroom apartment positioned across the first floor of this handsome Victorian building, moments from Clissold Park. Standing at 571 sq. ft, the property offers a wealth of original charm and an abundance of natural light from sash windows throughout the apartment. The wonde...

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom apartment located on Green Lanes in the Clissold area of Hackney, London. It has a floor area of 486.49 sqft and a plot size of 571 sqft. The list price is £450,000.

The property is situated in a convenient location, with several primary schools and secondary schools nearby, all rated ‘Good’ by Ofsted. Transportation links are also readily available, with several train stations and underground stations within a reasonable distance. This makes the location desirable for families and commuters.

Based on the provided images, the property appears to be in need of some modernisation and updating. The décor is dated, and some areas show signs of wear and tear. The kitchen and bathroom, in particular, could benefit from refurbishment. The garden is a positive feature, providing outdoor space, although it also appears to require some maintenance.

Considering the average price of similar properties in the area (£611,500) and the average price per sqft (£548), the list price of £450,000 for this 486.49 sqft apartment seems relatively reasonable, particularly given its need for renovation. However, the lack of sqft information for comparable properties makes a precise comparison difficult. The presence of a garden adds value, but the condition of the property needs to be factored into any valuation.

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
4
Location
8
Land
7
Bedrooms
1
Bathrooms
1
Sqft (est)
486.49
Lot (est)
571.00

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
920,000.00 £
Increased by 33.45 %
from 689,400.00 £
Est sale value
442,705.90 £
Increased by 8.98 %
from 406,219.15 £
Average area rental value
2,550.00 £/mo
Increased by 2.12 %
from 2,497.00 £/mo
Est letting value
972.98 £/mo
Decreased by 33.33 %
from 1,459.47 £/mo
Est rental Yield
3.33 %
Decreased by 23.45 %
from 4.35 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Winkworth created the listing.

Nearby Schools

NameTypeOfstedDistance
Highbury Quadrant Primary SchoolCommunity SchoolGood0.32 KM
Betty Layward Primary SchoolCommunity SchoolGood0.69 KM
Stoke Newington School And Sixth FormCommunity SchoolGood0.69 KM
St Joan Of Arc Rc Primary SchoolVoluntary Aided SchoolGood0.70 KM
Grasmere Primary SchoolCommunity SchoolGood0.81 KM

Images

Picture No. 05 Picture No. 12 Picture No. 03 Picture No. 06 Picture No. 10 Picture No. 04 Picture No. 08 Picture No. 11 Picture No. 09 Picture No. 13 Picture No. 02 Picture No. 07

Nearby Streets

NameAverage PriceAverage SqftDistance
Green Lanes £ 000.00 KM
Park View £ 000.00 KM
Collins Road £ 425,00000.00 KM
Balfour Road £ 000.00 KM
Riversdale Road £ 887,85700.00 KM

Nearby Transport

NameNLCTLCDistance
Canonbury1441CNN0.89 KM
Drayton Park6000DYP1.69 KM
Highbury And Islington6009HHY1.85 KM
Essex Road6004EXR1.87 KM
Dalston Kingsland1429DLK1.90 KM

Nearby Listings

AddressPriceTypeScoreDistance
Green Lanes, London, N16 £ 450,000BUY6 / 100.00 KM
Green Lanes, London, N16 £ 425,000BUY5 / 100.02 KM
Green Lanes, London, N16 £ 750,000BUY7 / 100.07 KM
Green Lanes, London, N16 £ 475,000BUY7 / 100.09 KM
Green Lanes, London, N16 £ 475,000BUY7 / 100.09 KM

Nearby Properties

AddressPriceDistance
149a Green Lanes £ 102,0000.02 KM
151d Green Lanes £ 87,0000.02 KM
163 Green Lanes £ 271,0000.02 KM
158a Green Lanes £ 285,0000.11 KM
7 Catherall Road £ 485,0000.13 KM