Bairstow Eves says ..

Property Oracle says ..

The property is a flat located in Purley, Croydon, which is in a convenient location. Reedham railway station is less than half a kilometer away, providing easy access to London and surrounding areas. Several well-regarded schools, including Beaumont Primary School (Outstanding Ofsted rating) and St Nicholas School (Good Ofsted rating), are within a short distance, making it an attractive option for families.

Based on the provided images, the property appears to be in reasonable condition, although some modernisation may be desirable. The fixtures and fittings look dated, and an update to the kitchen and bathroom would likely enhance the property’s appeal. The carpets also appear worn.

The property is a flat, and the plot size is equal to the square footage of the flat itself, indicating a lack of outdoor space. There is some communal green space visible in the exterior photos.

Considering the list price of £160,000, the average price for properties in the area is significantly higher at £620,217. However, the average size of properties in the area is substantially larger (1,209 sqft compared to 372 sqft). The average price per square foot in the area is £513, while this property’s price per square foot is approximately £430. Given the smaller size and the need for potential modernisation, the list price appears relatively reasonable compared to the average price, but it is considerably lower than the average price per sqft. However, the comparison to other flats on Fairbairn Close suggests that the price is in line with similar properties in the immediate vicinity. Several nearby flats have sold for similar or slightly higher prices.

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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