Bennett & Hall says ..

Property Oracle says ..

The property is a 3-bedroom house with 1 bathroom, situated in Finchley, North London. Finchley is a popular residential area known for its good schools and transport links. The property itself benefits from a garden, a definite plus in a densely populated area like London. The images show a property that appears to be in need of some modernisation and updating. The kitchen and bathrooms, in particular, look dated and could benefit from refurbishment. While the structure appears sound, cosmetic improvements would enhance the property’s overall appeal and value.

The list price of £1,050,000 is significantly higher than the average price of £927,045 for the area. However, the average price per square foot in the area is £671, and this property is listed at approximately £906 per sqft (£1,050,000 / 1159 sqft). While this is higher than the average, it’s important to note that the property has a garden, a feature not reflected in the average sqft calculation. The lack of information on the plot size makes it difficult to fully assess the land value. Several nearby properties on Stanhope Avenue itself sold for significantly less, suggesting the list price may be on the higher end of the market value, especially considering the need for modernisation. However, the location and presence of a garden could justify a premium compared to smaller flats or properties without outdoor space.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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