Foxtons says ..

Property Oracle says ..

The property is a one-bedroom, one-bathroom flat located at The Silverton, Royal Docks, E16 in Newham, Greater London. The flat is 551.11 sqft and is listed at £405,000.

The property appears to be in excellent condition. The images show a modern, well-maintained flat with a contemporary design and high-quality finishes. The kitchen and bathroom are modern and well-equipped. There is also a balcony.

The location is a key factor in determining the property’s value. The Royal Docks area is undergoing significant regeneration, and the property’s proximity to public transportation and schools is a positive aspect. Several good-rated primary schools are within a reasonable distance. The area also benefits from good transport links via Southeastern rail services, although the distance to stations may be a consideration for some.

The lack of plot size is a significant drawback. The property is a flat and therefore does not have a garden or private outdoor space beyond the balcony.

Considering the average price per sqft in the area (£351) and the property’s condition, size, and location, the list price of £405,000 appears to be at the higher end of the market. Nearby comparable properties show prices ranging from £300,000 to over £600,000, indicating some price variation in the area. The higher price may be justified by the property’s modern condition and desirable features. However, the lack of outdoor space and the slightly higher price per sqft compared to the area average should be taken into account.

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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