Robertson Phillips says ..

Property Oracle says ..

The property is a 1-bedroom flat located in Oakdene Close, Hatch End, Harrow, with a list price of £115,000. The flat is 270.80 sqft and situated on a 491.60 sqft plot. The property is within easy reach of Hatch End Overground station (0.34km), providing convenient access to London. Several schools are also nearby, including Grimsdyke School (Outstanding Ofsted rating, 0.64km) and Hatch End High School (Good Ofsted rating, 1.74km).

The property’s condition appears to be relatively well-maintained, although some aspects, such as the bathroom and kitchen, show their age and could benefit from modernisation. The communal areas appear clean and well-kept. The property benefits from a small communal garden area, providing some outdoor space.

Considering the average property price in the area is £569,996 and the average price per sqft is £600, the list price of £115,000 for this 270.80 sqft flat seems significantly below average. However, this is likely due to the property being a retirement flat, which often commands lower prices than other types of properties. Nearby comparable properties support this, with several flats in the same street selling for between £72,500 and £205,000. The relatively small size of the flat and its location within a retirement complex are likely factors contributing to the lower price.

Given the location, condition, and size of the property, and considering comparable properties in the area, the price appears to be reasonably competitive within its specific market segment.

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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