Advance Glenisters says ..

Property Oracle says ..

The property is located in Chadwell Heath, Romford, which is in the RM6 4AE postcode. The area benefits from relatively close proximity to Chadwell Heath train station (TfL Rail), providing convenient transport links. Several primary schools with outstanding Ofsted ratings are also within a short distance, making this a potentially attractive location for families. However, the average house price in the area is significantly lower than the list price of this property, suggesting a potential price premium.

Based on the images, the property appears to have undergone a recent and extensive refurbishment or renovation. The interior is modern and well-presented, with new flooring, kitchen, and bathrooms. The property seems to be in excellent condition. There is also evidence of a well-maintained garden, adding to the overall appeal.

The property has a sizeable plot with a garden and what appears to be a garage. This is a positive aspect, particularly in a densely populated area like Greater London.

The list price of £850,000 is considerably higher than the average house price in the area (£365,971) and the average price per square foot (£430) is also significantly lower than what one might expect for a property of this size and apparent quality in Greater London. While the property’s condition and features justify a higher price, the significant difference compared to local averages requires further investigation to determine the reasonableness of the asking price. A detailed comparative market analysis of similar recently sold properties in the immediate vicinity would be necessary to fully assess the price.

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

Images