eddisonwhite says ..

Property Oracle says ..

The property is located on Hamilton Road in the Abbey area of Merton, London. It’s a terraced house with 5 bedrooms and 2 bathrooms, spanning 2,040.61 sqft on a 1,499 sqft plot. The list price is £1,299,999.

The property appears to be in excellent condition. The images show a recently renovated interior with modern fixtures and fittings, a well-maintained garden, and a stylish extension. There is no evidence of wear and tear or the need for significant repairs.

The property benefits from a good-sized garden, as shown in the provided images. This adds to its desirability and overall value.

Considering the average house price in the area is £340,786 and the average price per sqft is £380, this property’s price per sqft is significantly higher. However, the property is larger than average (2040 sqft vs 896 sqft average), is in excellent condition, and boasts a substantial garden. Nearby comparable properties on Hamilton Road range from £625,000 to £1,150,000, although sqft data is missing for these comparisons. The location in Abbey, Merton, is desirable due to its proximity to good schools (Merton Abbey Primary School and Pelham Primary School both rated ‘Good’ by Ofsted) and transport links (Haydons Road station is less than a kilometre away). Therefore, while the price is above average, the superior condition, size, location, and garden justify the higher price point. Further analysis of comparable properties with sqft data would provide a more precise evaluation of the price rationale.

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

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