Winkworth says ..
A well-presented three-bedroom flat situated within a central location in the sought-after area of New Cross within walking distance to local amenities. This property offers ample space and is perfect for a first-time purchase or buy to let investment offered chain free.
Property Oracle says ..
This three-bedroom flat on New Cross Road, London, SE14, is listed at £500,000. The property’s location benefits from convenient access to New Cross Gate station, providing excellent transport links to central London and other parts of the city. The area has several well-rated schools, making it attractive to families. The interior is clean and functional, although the kitchen and bathroom appear somewhat dated and could benefit from modernisation. The absence of a garden or any significant outdoor space is a noticeable drawback. The price point seems relatively competitive when compared to other similar properties in the immediate vicinity, although the substantial variation in prices of nearby properties indicates potential price volatility in this location. Buyers should carefully assess the condition of the property and factor in potential modernisation costs. The lack of outdoor space might reduce its desirability compared to properties with gardens. Overall, the property presents a good opportunity for a buyer looking for convenient transport links and proximity to good schools, but should be prepared for potential renovation work.
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
- 1
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 681.89
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
- 770,995.00 £Increased by 28.32 %
- Est sale value
- 618,474.23 £Increased by 46.53 %
- Average area rental value
- 2,165.00 £/moDecreased by 8.88 %
- Est letting value
- 1,363.78 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.37 %Decreased by 29.05 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Winkworth created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Edmund Waller Primary School | Community School | Good | 0.53 KM |
| Haberdashers' Aske'S Hatcham Temple Grove | Academy Converter | 0.61 KM | |
| Kender Primary School | Community School | Good | 0.62 KM |
| Haberdashers' Aske'S Hatcham College | Academy Sponsor Led | Good | 0.72 KM |
| Haberdashers' Aske'S Hatcham Temple Grove Free School | Free Schools | Outstanding | 0.78 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Nettleton Road | £ 376,667 | 0 | 0.00 KM |
| Nettleton Road | £ 650,000 | 0 | 0.00 KM |
| Musgrove Road | £ 937,500 | 0 | 0.00 KM |
| Hatfield Close | £ 0 | 0 | 0.00 KM |
| Auburn Close | £ 300,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| New Cross Gate | 5345 | NXG | 0.54 KM |
| Nunhead | 5068 | NHD | 1.12 KM |
| Queens Road Peckham | 5424 | QRP | 1.34 KM |
| Brockley | 5404 | BCY | 1.35 KM |
| South Bermondsey | 5425 | SBM | 1.88 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| New Cross Road, London, SE14 | £ 500,000 | BUY | 5 / 10 | 0.00 KM |
| New Cross Road, London, SE14 | £ 425,000 | BUY | 6 / 10 | 0.00 KM |
| New Cross Road, London, SE14 | £ 425,000 | BUY | 5 / 10 | 0.04 KM |
| Fairlawn Mansions , New Cross, London, SE14 | £ 575,000 | BUY | 5 / 10 | 0.08 KM |
| Pepys Road, Telegraph Hill | £ 400,000 | BUY | 5 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 207a New Cross Road | £ 1,155,000 | 0.05 KM |
| 211 New Cross Road | £ 890,000 | 0.05 KM |
| 207b New Cross Road | £ 680,000 | 0.05 KM |
| 239 New Cross Road | £ 540,000 | 0.05 KM |
| 29 Hatcham Park Mews | £ 222,500 | 0.08 KM |