Hi...several months later I stumbled on your post! Too late now I imagine.
Anyway, in case it's of use, we have two kids at Bounds Green Primary and it's been perfect for them. As with anything, I think it depends on your kids and your own preferences in relation to what's important. Personally, I'd buy near Bounds Green rather than rent near Rhodes. They are very, very different schools and Rhodes doesn't appear worth changing your plans for when Bounds Green is so lovely. If you're interested in results, analyse them carefully - Bounds Green holds its own vis-a-vis Rhodes (a fact that tends to be contrary to local beliefs in the relative academic achievements of each school).
They don't have much homework at Bounds Green. Emphasis is certainly less on drills (apart from the weekly spellings after year 2) and tests. They didn't even mention the results of the year 2 SATs to us as it was kept very low key for the children. This appears to be unusual for the area and is another thing I sort of love them for. Homework tends to be limited to holiday journals and reporting back to their friends on what they did, along with drawings and pictures. At least at the younger age (my eldest is in year 3, and I don't know how it goes from there - more homework would make sense to a certain extent as they get older, of course).
The school community is very multicultural and the school celebrates that with food and dance and songs in other languages. A London school for a Londoner child. Great. Another thing I wouldn't do without for my children's education and also something you do not get in the same way in other schools in more expensive catchments.
Teachers have been really lovely and encouraging. Their attitude to discipline is constructive (in particular, the deputy head is fantastic at this - she treads the perfect line between firm and understanding of the disciplined child's personal needs in helping them deal with their behaviour).
Parent community has been a revelation. Really friendly, non-competitive community spirit.
If you did choose Bounds and the things I mentioned as being positive about it ring true to you too, then I'm almost sure you'll feel you made the right choice :-)