Bairstow Eves says ..

Property Oracle says ..

Coulsdon, located in the London Borough of Croydon, is a popular residential area known for its good schools, transport links, and green spaces. The property is situated on Hillars Heath Road, which benefits from its proximity to Coulsdon Town centre, providing convenient access to local amenities, shops, and restaurants. Coulsdon Town train station is also within walking distance, offering regular services to London Victoria and London Bridge. The presence of several well-regarded schools nearby, such as Oasis Academy Byron (rated Outstanding by Ofsted), further enhances the desirability of the location. The area also benefits from green spaces and parks, providing opportunities for recreation and outdoor activities.

Based on the provided photographs, the property appears to be in generally good condition, although some aspects may benefit from modernisation. The interior features period features such as wooden flooring and coving, but the decor and kitchen appear dated. While the property is habitable, some cosmetic upgrades, such as kitchen and bathroom renovations, would enhance its overall appeal and potentially increase its value. The property also has a garden, which adds to its appeal.

The list price of £475,000 is significantly lower than the average house price in Coulsdon (£779,634). However, it’s important to consider that the property’s size (961.54 sqft) is also smaller than the average (1,135 sqft). The average price per sqft in the area is £686, suggesting that a property of this size might be expected to sell for around £658,000 (£686 x 961.54). The lower list price could be attributed to the need for modernisation, as mentioned above. However, considering the location and the presence of a garden, the price could still be considered reasonable, particularly for buyers looking for a property that allows for some personal touches and renovations. The nearby comparable properties, while limited in detail, suggest a range of prices, with some properties selling for significantly less than the average. This supports the notion that the list price reflects the need for some updating and renovation.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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