Winkworth says ..

Property Oracle says ..

The property is a 2 bedroom, 2 bathroom apartment located in Butterfly Court, London, N15. It has a total area of 740.01 sqft and a plot size of 794 sqft. The asking price is £450,000.

The apartment appears to be modern and in excellent condition. The photos show a recently renovated space with modern fixtures and fittings. There is also access to a communal gym.

The location is good. It is within a reasonable distance of several Overground stations (Seven Sisters, South Tottenham, Stamford Hill, Bruce Grove) and Tottenham Hale station (Greater Anglia). There are also several schools nearby, including Seven Sisters Primary School (rated ‘Good’ by Ofsted).

While the average house price in the area is significantly higher (£1,128,824), the average price per sqft is £725. Given the property’s size (740.01 sqft), a comparable price might be in the region of £535,500 (£725 x 740.01). However, the average price per sqft data does not account for the type of property. The property is an apartment, and apartments generally sell for less per sqft than houses. Furthermore, the provided nearby listings show apartments selling for between £375,000 and £460,000. Therefore, the asking price of £450,000 appears reasonable, though perhaps slightly on the higher end of the market value for a similar property in the area.

Considering the property’s modern condition, convenient location, and reasonable price relative to comparable properties, it presents a potentially good value for money.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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