Acorn says ..

Property Oracle says ..

The property is located in North Walworth, Southwark, a district in London. The area benefits from relatively close proximity to several transport links including London Bridge (1.40 KM), Elephant And Castle (1.62 KM), and Fenchurch Street (2.19 KM). There are also a number of schools nearby, including Townsend Primary School (0.12 KM), which has a ‘Good’ Ofsted rating, and St Saviour’S And St Olave’S Church Of England School (0.45 KM) with an ‘Outstanding’ rating. This suggests a reasonably convenient location for families and commuters. However, the provided data does not offer sufficient information to fully assess the quality of local shops and places of significance.

Based on the photographs, the property appears to be in good condition. The interior is clean and well-maintained, with no obvious signs of significant damage or disrepair. The kitchen and bathroom seem modern and functional. While the property shows signs of personal decoration, this does not detract from its overall condition.

The property has a balcony, which provides some outdoor space. However, the plot size is equal to the square footage of the property itself, indicating a lack of a substantial garden.

The list price is £490,000. The average price for properties in the area is £686,899, and the average price per square foot is £906.00. Given that this property is 688 sqft, a simple calculation suggests a fair market value of approximately £623,000 (£906 x 688). However, the property’s list price is significantly below this estimate, and also below the average price for the area. Considering its apparent good condition and relatively convenient location, the list price could be considered reasonable, potentially representing good value for money, especially when compared to similar properties in the area with similar features. However, the lack of information on the property’s specific features and the limited details on comparable properties make it difficult to definitively assess its price.

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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