Urban Village says ..

Property Oracle says ..

The property is a 2-bedroom apartment in Herne Hill, Lambeth, with a list price of £450,000. The apartment is 511 square feet. The average price for properties in the area is significantly higher at £625,177, and the average price per square foot is £764. However, the provided data on nearby listings shows a range of prices, with some comparable apartments listed for less than the subject property. The lack of plot size information for the subject property and nearby listings makes a direct comparison difficult. The apartment appears to be in good condition based on the provided images. The kitchen and bathroom have been recently updated, and the overall aesthetic is modern and well-maintained. There is no evidence of significant repair or renovation needs. The location in Herne Hill is generally considered desirable. Herne Hill is known for its family-friendly atmosphere, green spaces, and good transport links. The proximity to several well-regarded schools and multiple train stations adds to its appeal. Considering the property’s condition, location, and the range of prices for comparable properties in the area, the list price of £450,000 appears to be reasonable, potentially even slightly below average for the area, given the size. However, without more precise information on the size of comparable properties, it’s difficult to definitively assess the value.

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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