So Resi says ..

Property Oracle says ..

The property is a 2-bedroom flat located at 16-48 Cambridge Road, Barking, London, IG11 8NR. It’s a modern flat with 794 sqft of living space and a balcony overlooking Barking Station. The property appears to be in excellent condition based on the provided images. The interior is modern, clean, and well-maintained. There is no evidence of wear and tear or the need for renovation. The location is good, with Barking station only 0.23km away, providing easy access to central London via the c2c line. Several schools with good Ofsted ratings are within a short distance, making it suitable for families. The list price of £87,500 is significantly lower than the average price of £340,786 for the area. However, the average price per sqft in the area is £380, while this property is listed at a much lower price per sqft. This significant difference in price may be due to factors not immediately apparent from the provided information, such as the specific floor level, view, or any other property-specific features. Further investigation would be necessary to understand this price discrepancy. The nearby comparable properties are significantly more expensive, suggesting this property may be underpriced, but more information is needed to confirm this. The lack of plot size information makes it difficult to assess the land value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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