The Modern House says ..

Property Oracle says ..

Lee Green is a residential area within Lewisham, South East London. The property is a two-bedroom apartment on Wisteria Road, with a list price of £575,000. The average price for properties in the area is £587,115, and the average price per square foot is £579. This apartment is 724.41 sqft. The apartment appears to be in excellent condition, having undergone a recent and tasteful refurbishment. The kitchen and bathroom are modern and well-equipped. The property also benefits from a small, well-maintained private garden. This is a significant advantage, especially for an apartment in London. The location is good, with several schools rated ‘Good’ or ‘Outstanding’ within a reasonable distance. Several Southeastern train stations are also within walking distance, providing convenient access to central London and other parts of the city. Considering the property’s excellent condition, desirable features (such as the private garden), and convenient location, the list price of £575,000 appears to be reasonable, particularly when compared to the average price of similar properties in the area. The slightly lower price per square foot compared to the area average (£579 vs. an implied £797 for this property) further supports this assessment. However, the lack of plot size data for comparable properties makes a definitive price comparison challenging.

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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