Mornington Road, London, SE8
Kallars logo

Mornington Road, London, SE8

By Kallars

£ 625,000

Reviews

4 out of 5 stars

Kallars says ..

Inviting end-of-terrace house boasting 3 bedrooms, modern kitchen diner, garage, and west-facing garden, located on peaceful Mornington Road in London.

Property Oracle says ..

The property is located in Deptford, Lewisham, in the South East of London. The area benefits from good transport links with Deptford train station being 0.52km away, providing Southeastern services. New Cross Gate station (London Overground) is also within reasonable distance at 1.11km. Several primary schools with ‘Good’ Ofsted ratings are located nearby, including Grinling Gibbons Primary School and St Joseph’s Catholic Primary School, both within a 0.61km radius. The proximity to these schools and transport links makes this a desirable location for families. However, the average house price in the area is significantly higher than the listed price of this property, suggesting potential undervaluation or a need for further investigation into the property’s condition and features.

Based on the provided images, the property appears to be in excellent condition. The interior is modern and well-maintained, with a recently updated kitchen and bathrooms. There is no visible evidence of wear and tear or the need for renovation.

The property includes a garden, which is a significant advantage in a densely populated urban area like London. The garden appears well-maintained and landscaped, adding to the overall appeal of the property.

Considering the property’s condition, location, and inclusion of a garden, the list price of £625,000 seems reasonable, especially when compared to the average price per square foot in the area (£457). While the average house price in the area is higher (£824,615), this property is smaller (1,368.25 sqft compared to the average of 1,802 sqft), and the lower list price may reflect this difference in size. However, further analysis of comparable properties in the immediate vicinity would be beneficial to confirm this assessment. The available data on nearby properties is limited and does not provide sufficient information to make a definitive comparison.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
10
Location
8
Land
8
Bedrooms
3
Bathrooms
1
Sqft (est)
1,368.25
Lot (est)
732.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
1,188,261.00 £
Increased by 43.34 %
from 829,000.00 £
Est sale value
837,369.00 £
Increased by 143.82 %
from 343,430.75 £
Average area rental value
2,375.00 £/mo
Increased by 179.41 %
from 850.00 £/mo
Est letting value
1,368.25 £/mo
from 0.00 £/mo
Est rental Yield
2.40 %
Increased by 95.12 %
from 1.23 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Kallars created the listing.

Nearby Schools

NameTypeOfstedDistance
Addey And Stanhope SchoolVoluntary Aided SchoolGood0.36 KM
Grinling Gibbons Primary SchoolCommunity SchoolGood0.52 KM
St Joseph'S Catholic Primary SchoolVoluntary Aided SchoolGood0.61 KM
Goldsmiths College, University Of LondonHigher Education Institutions0.62 KM
Lucas Vale Primary SchoolCommunity SchoolRequires improvement0.63 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Mornington Road £ 313,33300.00 KM
New Cross Road £ 000.00 KM
Payne Street £ 450,00000.00 KM
Elgar Close £ 000.00 KM
Pagnell Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Deptford5145DEP0.52 KM
New Cross Gate5345NXG1.11 KM
St Johns5059SAJ1.21 KM
Brockley5404BCY1.57 KM
Greenwich5146GNW1.91 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mornington Road, London, SE8 £ 625,000BUY8 / 100.00 KM
Mornington Road, London, SE8 £ 270,000BUY6 / 100.02 KM
Stanley Street, London, SE8 £ 332,000BUY5 / 100.03 KM
15 Stanley Street, New Cross, SE8 4BN £ 300,000BUY4 / 100.03 KM
Glenville Grove, London, SE8 £ 600,000BUY7 / 100.06 KM

Nearby Properties

AddressPriceDistance
29 Mornington Road £ 111,2500.03 KM
6 Mornington Road £ 98,0000.03 KM
35 Mornington Road £ 240,0000.03 KM
20 Mornington Road £ 68,5000.03 KM
15 Mornington Road £ 172,0000.03 KM