While a precise price per square foot is impossible to calculate from the given data, the listing price of £490,000 falls within the range of comparable properties in the area. The lack of square footage information makes it difficult to definitively assess the value, but considering the location, amenities (balcony), and apparent condition, the price appears reasonable although not exceptionally competitive.

The apartment appears to be in good condition based on the provided photographs. The modern interior is well-maintained, with a contemporary kitchen and bathroom. While the property is not brand new, it seems to be well-cared for and does not appear to require significant repairs or renovations. Minor upgrades or updates could enhance the property’s overall appeal.

The property benefits from a location in Hoxton West, Hackney, which is a highly sought-after area of London. It’s well-served by public transport with Old Street station just 0.56km away, offering access to the Northern and Circle lines. The proximity to several highly-rated primary schools (St John the Baptist and Shoreditch Park Primary, both rated Outstanding by Ofsted) adds to its family-friendly appeal. The vibrant atmosphere of Hoxton and its proximity to Shoreditch also contribute to a high location score.

The property includes a small balcony, which provides some outdoor space. However, the lack of a significant garden lowers the land score. A balcony is not equivalent to a garden in terms of space and utility.