Lux Homes says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom bungalow located on Babington Road in Hornchurch, Havering. The bungalow has been recently renovated to a high standard, boasting a modern kitchen and updated living spaces. The images show a well-maintained property with a good-sized garden. The location is convenient, with several schools and transportation options within a reasonable distance. The average property price in the area is £450,015, with an average price per square foot of £400. This bungalow, at 719 sqft, is listed at £500,000. While the list price is higher than the average price for the area, the recent renovations and the inclusion of a garden likely justify the higher price point. Nearby properties on Babington Road have sold for prices ranging from £138,000 to £570,000, highlighting the variation in property values on the street. The lack of sqft data for these comparable properties makes a precise comparison difficult. Considering the property’s modern condition, the relatively good location near schools and transportation, and the presence of a garden, the list price of £500,000 appears reasonable, although slightly above the average for the area. The higher price is likely due to the recent renovations and the desirability of a bungalow in this location.

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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