Purplebricks says ..

Property Oracle says ..

The property is a one-bedroom apartment with a list price of £130,000. The apartment is 438.09 sqft and appears to be in good condition, with a modern kitchen and bathroom. The images show a well-maintained interior. The property also benefits from access to a communal garden area, which is a desirable feature for apartment living. The location is close to several primary and secondary schools, with Luton Primary School being only 0.53km away and rated as ‘Outstanding’ by Ofsted. Several Southeastern train stations are also within a reasonable distance, providing good transport links. Considering the average price per sqft in the area is £315, and this property is 438.09 sqft, a rough estimate of the expected price would be around £138,000. However, the average house price in the area is significantly higher at £242,865. This disparity may be due to the property type (apartment vs. house) and size. The list price of £130,000 is lower than the estimated value based on average sqft price but significantly lower than the average house price in the area. This suggests that the property may represent good value for money, especially considering its modern condition and proximity to amenities. However, further investigation into comparable properties is recommended to confirm this. The lack of sqft data for nearby properties makes a direct comparison challenging. However, based on the available information, the price seems reasonable considering the property’s condition and location.

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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