Samuel Estates says ..

Property Oracle says ..

The property is a 3-bedroom, 2-bathroom house in New Cross, Lewisham, with a list price of £1,200,000. The house has 1,394.04 sqft of living space. New Cross is a vibrant area with good transport links via New Cross Gate station (London Overground). Several primary schools are within a reasonable distance, including Kender Primary School and Edmund Waller Primary School, both rated \‘Good\’ by Ofsted. The photos show the property to be in excellent condition, with a recently renovated kitchen and bathrooms. The finishes appear modern and high-quality. The property also benefits from a rear extension which has created a light and airy living space. While the plot size is listed as 0.00 sqft, the images show a small but well-maintained rear garden. This is a positive attribute, particularly in a densely populated area like London. Considering the average price in the area is £409,152 and the average price per sqft is £671, the list price of £1,200,000 for this 1,394.04 sqft property seems high. However, the property’s superior condition, modern extension, and desirable location in New Cross justify a higher price than the average. The lack of plot size information makes a definitive statement on price per sqft difficult, but the overall condition and location suggest a higher price is justifiable. Nearby comparable properties on Billington Road itself support this higher price point.

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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