Balgores says ..

Property Oracle says ..

The property is a two-bedroom apartment with one bathroom, listed at £300,000. It has a total area of 665 sqft, which is considerably smaller than the average property size in the area (1,125 sqft). The average price for properties in the area is £450,015, and the average price per sqft is £400. The apartment appears to be in good condition. The images show a modern, well-maintained interior with a recently updated kitchen and bathroom. There is no apparent need for significant renovation. The property includes a small balcony overlooking a green space. While the plot size is only 665 sqft, this is typical for an apartment and therefore doesn’t detract from the property. The location is reasonably good, with several schools within a short distance, including Drapers’ Brookside Junior School and Mead Primary School, both rated ‘Good’ by Ofsted. Several transportation links are also within a reasonable distance, including Harold Wood TfL Rail station (1.69 km). Considering the smaller size of the apartment compared to the average in the area, the list price of £300,000 appears to be relatively reasonable. While the average price in the area is significantly higher, the smaller size and the fact that similar apartments in the area have sold for less (e.g., Bernwelle Avenue listing at £280,000) suggests that the list price is competitive.

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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