Foxtons says ..

Property Oracle says ..

This property is a 3-bedroom flat located in New Malden, a suburban area in South West London. The flat is situated on Malden Road, which is close to several amenities including shops and restaurants. New Malden train station is also within walking distance, providing convenient access to London Waterloo. While the property itself appears to be in need of some modernisation, it benefits from a good location and is priced below the average price per square foot for the area. The property has three bedrooms and one bathroom. The bedrooms are of modest size but the property is well-lit and benefits from natural light.

The nearby streets show a range of property values, with some significantly higher than the subject property. This suggests that the location is desirable, but the condition of the property needs to be considered in the valuation.

Given the average price per sqft in the area is £332, and the property is listed at £350,000 with 565.56 sqft, the price per sqft is approximately £619. This is significantly higher than the average, suggesting the property may be overpriced considering its condition and size. However, the location and potential for renovation could justify this higher price to some buyers.

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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