Hamilton Reeves says ..

Property Oracle says ..

The property is a two-bedroom semi-detached house located in Barking, London. The list price is £345,000. The property has a plot size of 539 sqft and a total area of 539 sqft. Based on the provided images, the property appears to be in generally good condition, although some minor cosmetic updates might enhance its appeal. The kitchen and bathrooms show signs of age, but are functional. The garden is relatively small but well-maintained, offering some outdoor space. The location in Barking, London, benefits from proximity to several schools which have received good Ofsted ratings, and is within reasonable distance of several transportation links. However, the area’s average house price is significantly higher (£548,814) than the list price of this property, suggesting that it might be undervalued, especially considering the average price per sqft in the area (£387) is higher than what this property offers. The surrounding properties for sale have varying prices, but some are significantly more expensive, indicating the potential for this property to be priced competitively. Considering the property’s condition, the relatively small size of the plot, and its location, the list price of £345,000 appears to be reasonable, potentially representing good value for money, given the lower average price per sqft compared to the surrounding area. However, a more detailed professional valuation would be needed to confirm this.

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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