Kalmars Residential says ..

Property Oracle says ..

The property is located on Forest Hill Road in the Peckham Rye area of London. Based on the provided data, the area has an average property price significantly higher than the list price of this property. However, the average square footage is also considerably larger than that of the subject property. The property’s proximity to Peckham Rye Park and several well-regarded schools (Harris Boys’ Academy East Dulwich and Harris Girls’ Academy East Dulwich, both rated Outstanding by Ofsted) is a positive factor, suggesting a desirable location. Several transport links are also within a reasonable distance.

The property itself appears to be in good condition based on the provided images. The interior is presented well, with modern fixtures and fittings in the kitchen and bathroom. There is no evidence of significant repairs or renovations needed.

The property lacks a garden, which might be a drawback for some buyers. The plot size is listed as 0.00 sqft, indicating that there is no outdoor space.

Considering the list price of £425,000, the average price in the area (£773,868) and the considerably smaller size of the property (663.27 sqft compared to the area average of 1,089 sqft), the price seems relatively reasonable, especially given the lack of a garden. The average price per sqft in the area is £710, while this property’s price per sqft is significantly lower. However, the lower price may reflect the absence of a garden and the smaller size compared to other properties in the area. Nearby comparable properties show a range of prices, some higher and some lower than the list price, suggesting that the list price is within the range of market values for similar properties in the area, although on the lower end.

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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