The list price of £8,750,000 seems relatively reasonable considering the property’s size, location, and condition. While a definitive price per square foot cannot be calculated from the available data, comparable properties in the area command high prices. The substantial plot size and the high-quality finishings justify the asking price, although further comparative analysis of recent sales data in the specific area would allow for a more precise assessment of value.

Based on the provided photographs, the property appears to be in very good condition. The interior is well-maintained, with modern fixtures and fittings in the kitchen and bathrooms, indicating recent renovations or upgrades. The exterior also presents a well-maintained appearance. Whilst there is potential for updating elements it appears to have been well cared for.

Belsize Park is a highly sought-after residential area in North West London, known for its affluent atmosphere, excellent schools, and proximity to Hampstead Heath. The property’s location on Lancaster Grove places it within a prestigious neighbourhood, offering a high quality of life and strong potential for capital appreciation. The presence of several highly-rated schools and convenient access to public transportation further enhance its desirability.

The property boasts a significant plot size of 27,326 sq ft, which is substantial for a London property. The garden is well-maintained and offers considerable outdoor space, including a patio area, lawn and a variety of plantings. This adds greatly to the desirability and value of the property.