Your Move says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom flat located on New Cross Road in New Cross, London. The flat is 538 square feet and is listed at £325,000.

The location is good, with several transportation options nearby including New Cross Gate station (London Overground) at 0.69 KM. There are also several primary and secondary schools within a 1 KM radius, including Kender Primary School (rated ‘Good’ by Ofsted) and Haberdashers’ Aske’s Hatcham College (also rated ‘Good’). This makes the property attractive to families and young professionals.

Based on the photos, the property appears to be in good condition. The kitchen and bathroom have been recently updated and are modern and well-maintained. The living area has original features such as the fireplace and wooden floors, which have been tastefully updated. The property benefits from plenty of natural light. There is no evidence of significant repair or renovation needs.

The property does not appear to have a private garden or significant outdoor space. The plot size is the same as the property size, suggesting it’s a flat within a building.

Considering the average price per square foot in the area is £671 and the average price is £409,152, the list price of £325,000 for this 538 sq ft flat seems reasonable, particularly given its location and condition. The property is smaller than the average size for the area, which justifies the lower price. Nearby comparable properties on New Cross Road support this assessment.

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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