Kevin & Co says ..

Property Oracle says ..

The property is a two-bedroom apartment located in the Royal Docks area of Newham, London. Based on the provided images, the property appears to be in good condition. The interior is modern and well-maintained, with a recently updated kitchen and bathroom. The property has a good layout, with a spacious living area and two bedrooms. However, the property does not have a garden, which may be a drawback for some buyers. The location is a key factor in determining the property’s value. The Royal Docks area is undergoing significant regeneration, with new developments and improved infrastructure. The area is well-connected to central London via public transport, with several DLR stations within easy reach. There are also a number of schools and amenities nearby. The proximity to schools, transportation, and amenities makes this a desirable location. Considering the property’s condition, location, and lack of outdoor space, the list price of £375,000 seems reasonable. The average price per square foot in the area is £642, and this property is slightly below average in size at 583.80 sqft. However, comparable properties in the area are listed at similar prices, suggesting that the list price is in line with market values. The average price in the area is £494,387, significantly higher than the list price of this property. While the property is smaller than the average property in the area, its modern condition and location in a developing area could justify the lower price. The lack of plot size is a significant factor to consider in the overall assessment.

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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