Green Lanes, N16
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Green Lanes, N16

By Oakwood

£ 450,000

Reviews

2 out of 5 stars

Oakwood says ..

Set on the second floor of a handsome Victorian mansion block, this ideal first home is full of natural light and original character, and is well maintained and is perfectly positioned just next to Newington Green. In excess of 635 sq. ft, the property offers; two well proportioned bedro...

Property Oracle says ..

This two-bedroom flat on Green Lanes, N16, is situated in the Clissold area of Hackney, a desirable part of North London. The property presents itself well, with the interior exhibiting a modern kitchen and what appears to be adequately maintained bathrooms. The interior decor is neutral, potentially offering buyers the ability to easily customize and personalize the space to their preferences. The flat is within walking distance of Newington Green, an area known for its vibrant atmosphere and independent businesses, offering local amenities and convenience. Several primary and secondary schools with good Ofsted ratings are located nearby. Transport links, including several Overground stations, are accessible within a reasonable distance, enhancing the property’s overall appeal. However, the lack of significant private outdoor space is a considerable drawback. The small shared garden area, while present, is underwhelming and doesn’t offer much in terms of usable outdoor living. The lack of more comprehensive comparative property data makes a definitive statement about value difficult, but the price point is reasonable within the context of the area, though likely not a significant underpricing for the size and features presented. Overall, this property may be well suited to first-time buyers or those seeking a convenient and well-located flat in a popular North London neighbourhood. Buyers should carefully consider the limited outdoor space as a key aspect of the property.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
634.96

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
611,500.00 £
Decreased by 30.01 %
from 873,696.00 £
Est sale value
347,958.08 £
Decreased by 33.50 %
from 523,207.04 £
Average area rental value
2,656.00 £/mo
Increased by 26.42 %
from 2,101.00 £/mo
Est letting value
1,269.92 £/mo
Increased by 100.00 %
from 634.96 £/mo
Est rental Yield
5.21 %
Increased by 80.28 %
from 2.89 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Oakwood marked this listing as sold.

  • Oakwood created the listing.

Nearby Schools

NameTypeOfstedDistance
The Factory Children'S CentreChildren's Centre0.28 KM
Newington Green Primary SchoolCommunity SchoolGood0.32 KM
Grasmere Primary SchoolCommunity SchoolGood0.41 KM
Stoke Newington School And Sixth FormCommunity SchoolGood0.64 KM
Betty Layward Primary SchoolCommunity SchoolGood0.64 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Ball's Pond Place £ 425,00000.00 KM
Green Lanes £ 000.00 KM
Wordsworth Road £ 000.00 KM
Park View £ 000.00 KM
Thorndike Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Canonbury1441CNN0.78 KM
Dalston Kingsland1429DLK1.24 KM
Dalston Junction1443DLJ1.40 KM
Essex Road6004EXR1.71 KM
Haggerston1022HGG1.91 KM

Nearby Listings

AddressPriceTypeScoreDistance
Green Lanes, N16 £ 450,000BUY5 / 100.00 KM
Newington Green, London £ 550,000BUY5 / 100.07 KM
Poets Road, Islington, N5 £ 600,000BUY6 / 100.09 KM
Winston Road, London, N16 £ 1,250,000BUY6 / 100.09 KM
Poets Road, London, N5 £ 700,000BUY6 / 100.10 KM

Nearby Properties

AddressPriceDistance
53 Newington Green £ 1,725,0000.09 KM
43 Newington Green £ 352,0000.09 KM
55 Newington Green £ 1,495,0000.09 KM
43a Newington Green £ 185,0000.09 KM
65 Poets Road £ 329,0000.10 KM