Goodfellows says ..

Property Oracle says ..

The property is a 1 bedroom flat located in Mitcham, CR4, with a list price of £220,000. The property has a total area of 280 sqft and a plot size of 421 sqft. The average property price in the area is £397,240, significantly higher than the list price of this property. The average price per sqft is £356, while this property’s implied price per sqft (assuming the listed price is accurate) is considerably lower. Based on the provided images, the property appears to be in good condition. The rooms are clean and well-maintained, with modern fixtures and fittings in the kitchen and bathroom. There is no visible evidence of significant repairs or renovations needed. The property’s location is close to several schools, with Melrose School, Benedict Academy, Cricket Green School, St Peter And Paul Catholic Primary School, and Cranmer Primary School all within a 1km radius. The Ofsted ratings for some of these schools are “Good” and “Outstanding,” which is positive for families. The property is also relatively close to several train stations, providing convenient access to public transportation. While the provided data doesn’t specify the presence of a garden, the plot size of 421 sqft suggests there may be some outdoor space, though likely small. Considering the significantly lower price compared to the average property price in the area, the good condition of the property, and its proximity to schools and transportation, the list price of £220,000 appears to be a reasonable price, potentially even a good value. However, the lack of information on the specifics of the plot size and the absence of details regarding the property’s precise location within Mitcham limit the scope of the price analysis.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images