Griffin Residential Group says ..

Property Oracle says ..

The property is located in Rainham, Havering, Greater London, and is a detached house with 3 bedrooms and 1 bathroom. The list price is £500,000, and the property has a size of 562.33 sqft. The plot size is not specified. The average price for properties in the area is £450,015, with an average size of 1,125 sqft and an average price per sqft of £400.00. Nearby properties range in price from £175,000 to £550,000, but their sizes are not provided, making a direct comparison difficult. The lack of sqft data for nearby listings hinders a precise price per sqft analysis. The property benefits from being close to Rainham (Essex) c2c station (1.54 KM), several other train stations within a 5km radius, and several schools with varying Ofsted ratings. The proximity to transportation links and schools is a positive aspect of the location. However, without more specific information regarding the quality of local amenities and the desirability of the immediate neighborhood, a comprehensive location score is challenging. Based on the provided images, the property appears to be in good condition. The interior shows a recently updated kitchen and bathroom. The decor is modern and well-maintained. There is no visible evidence of significant repairs or renovations needed. The garden is a notable feature, containing a paved patio area, a sizable lawn, and a swimming pool. The presence of outbuildings, such as sheds, adds to the property’s overall appeal. The property’s relatively small size (562.33 sqft) compared to the area average (1,125 sqft) is a significant factor. While the condition and garden are positive attributes, the smaller size may influence the overall value. Given the list price of £500,000, which is slightly higher than the area average, and considering the lack of information on plot size, a definitive assessment of the price’s reasonableness is difficult. However, the price per sqft is significantly higher than the area average if we use the provided property sqft. Additional data on plot size is needed for a more accurate price assessment.

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

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