Durden & Hunt says ..

Property Oracle says ..

The property is located in Rainham, Havering, Greater London. It’s an end of terrace house with 4 bedrooms and 1 bathroom. The list price is £500,000, and the property has 1,044.10 sqft of floor space. The average price for properties in the area is £450,015, with an average size of 1,125 sqft and an average price per sqft of £400. The property appears to be newly renovated or possibly a new build, based on the images provided. The interior is modern and finished to a high standard, with new flooring, fixtures, and fittings. The exterior also appears new or recently renovated. While the plot size is not specified, the images show a garden area that appears relatively small. There is a paved area to the front and a small rear garden. More information on the exact dimensions would be needed for a more accurate assessment. Considering the property’s modern condition, the location in Rainham (which benefits from relatively easy access to transport links and schools), and the list price of £500,000, the price seems slightly above average for the area, but comparable to other similar properties on the same street. However, the lack of plot size data makes a definitive statement on value difficult. The average price per sqft in the area is £400, while this property is listed at a higher price per sqft due to its smaller size. The higher price may reflect the modern condition and recent renovation. Additional information on comparable properties with similar features and plot sizes would help to determine if the price is justified. The property is located within approximately 2km of Rainham train station (c2c line), offering convenient access to London. Several primary schools with ‘Good’ Ofsted ratings are also within a reasonable distance.

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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