Wick Lane, London
BU

Wick Lane, London

By Butler & Stag

£ 575,000

Reviews

3 out of 5 stars

Butler & Stag says ..

Guide Price - £575,000 to £600,000 Discover this exceptional 5th-floor apartment boasting two generously sized bedrooms and two bathrooms. Located on the edge of vibrant Fish Island, just minutes from Hackney Wick, this home offers both style and convenience.

Property Oracle says ..

The property is located in Bow East, Tower Hamlets, in the London Borough of Tower Hamlets. Based on the provided information, the location appears to be reasonably convenient. It is within a kilometer of several schools, including Mulberry UTC (rated ‘Good’ by Ofsted) and St Agnes RC Primary School (rated ‘Outstanding’). The proximity to Hackney Wick Overground station (0.92km) offers good transport links. The presence of nearby amenities is not explicitly detailed, but the area’s transformation into a creative hub suggests the potential for bars, restaurants, and other businesses. However, without further details about the immediate vicinity, a definitive assessment of location quality is challenging.

The property is a two-bedroom, two-bathroom apartment. Based on the photos, the property appears to be in good condition. The apartment features modern fixtures and finishes, and the images show a clean and well-maintained space. There is no visible evidence of significant repairs or renovations needed.

The listing does not specify the inclusion of a garden or outdoor space. The photos show a balcony overlooking a canal, which offers some outdoor amenity. However, this is not a substantial plot of land.

The list price of £575,000 is slightly above the average price of £491,819 for the area. However, the property’s size (1007.5 sq ft) is significantly larger than the average (740 sq ft). The average price per sq ft in the area is £664. While the provided data does not allow for a precise calculation of the price per sq ft for this property, a rough estimate suggests a price per sq ft comparable to the area average, considering its size and apparent condition. The slightly higher list price might be justified by the property’s modern condition, location advantages, and the inclusion of a balcony. Further information on comparable properties in the immediate vicinity would allow for a more precise price assessment.

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
7
Condition
9
Location
7
Land
3
Bedrooms
2
Bathrooms
2
Sqft (est)
1,007.50

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
501,607.00 £
Increased by 8.54 %
from 462,133.00 £
Est sale value
751,595.00 £
Increased by 29.97 %
from 578,305.00 £
Average area rental value
2,290.00 £/mo
Decreased by 0.87 %
from 2,310.00 £/mo
Est letting value
3,022.50 £/mo
Increased by 50.00 %
from 2,015.00 £/mo
Est rental Yield
5.48 %
Decreased by 8.67 %
from 6.00 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Butler & Stag created the listing.

Nearby Schools

NameTypeOfstedDistance
Overland Children'S CentreChildren's Centre0.57 KM
Mulberry UtcUniversity Technical CollegeGood0.67 KM
Bobby Moore AcademyFree Schools0.83 KM
St Agnes Rc Primary SchoolVoluntary Aided SchoolOutstanding0.98 KM
Mossbourne Riverside AcademyAcademy Sponsor LedOutstanding1.05 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Wild Flower Gardens £ 000.00 KM
Redwood Close £ 350,00000.00 KM
Bassett Lane £ 000.00 KM
Lofthouse Square £ 575,00000.00 KM
Cook's Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Hackney Wick6978HKW0.92 KM
Stratford International7222SFA1.72 KM
Stratford6969SRA2.11 KM
Homerton6979HMN2.62 KM
West Ham7474WEH3.09 KM

Nearby Listings

AddressPriceTypeScoreDistance
Wick Lane, London £ 575,000BUY6 / 100.00 KM
Wick Lane, Fish Island £ 575,000BUY6 / 100.00 KM
Wick Lane, London £ 500,000BUY7 / 100.00 KM
Wick Lane, London £ 600,000BUYUnknown0.00 KM
Ink Court, Bow £ 500,000BUY7 / 100.00 KM

Nearby Properties

AddressPriceDistance
439 Wick Lane £ 300,0000.17 KM
34 Blondin Street £ 250,0000.41 KM
36 Blondin Street £ 440,0000.41 KM
6 Blondin Street £ 249,5000.41 KM
40 Blondin Street £ 750,0000.41 KM