Kinleigh Folkard & Hayward - Sales says ..

Property Oracle says ..

This property is a three-bedroom semi-detached house located on Exford Road in Lee, London. The property benefits from a good location, being within reasonable proximity to several Southeastern train stations, including Grove Park (0.81km), Lee (1.70km), and others slightly further afield. There are also a number of well-regarded primary schools nearby, such as Cooper’s Lane Primary School (0.30km) and Horn Park Primary School (0.75km), both rated as ‘Good’ by Ofsted. The house itself appears to be in need of some modernisation and updating. Whilst the exterior presents well, the interior photos reveal dated decor, carpets and kitchen units. The property includes a garden, though its size is not specified. The list price of £700,000 is above the average price for the area (£452,385) and significantly higher than many comparable properties on Exford Road itself, which range from £207,500 to £820,000. However, the average price per square foot in the area is £449, and given the property’s size (1275.52 sqft), a price in the region of £574,000 might be considered more appropriate, based solely on this metric. Therefore, the asking price is noticeably higher than might be expected given the condition and comparable sales. Further investigation into the specific features and condition of this property compared to others on the street would be needed to fully justify the asking 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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