James Gorey Estate Agents says ..

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom flat with a total area of 737 sqft, situated on a 918 sqft plot. The list price is £400,000. The average price for properties in the area is £423,417, with an average size of 804 sqft and an average price per sqft of £526. This suggests that the property’s price per sqft is slightly higher than the average for the area. The property appears to be in excellent condition, with modern fixtures and fittings evident in the provided images. The kitchen and bathrooms look recently updated and well-maintained. There is no visible evidence of wear and tear or the need for renovation. The location benefits from its proximity to Sidcup train station (1.21km), offering convenient access to London and surrounding areas. Several schools are also within a reasonable distance, including Birkbeck Primary School (0.94km) and St Peter Chanel Catholic Primary School (1.07km), both rated as “Good” by Ofsted. This makes the property attractive to families. While the plot size is relatively small for a property in this area, the fact that it is a flat is consistent with the local market. The lack of additional land is expected for a flat in this location. Considering the property’s condition, location, and size, the list price of £400,000 appears to be in line with the local market. While slightly above the average price per sqft, the modern condition and convenient location likely justify the higher price. The comparable nearby listings, although lacking sqft data, support this assessment, with prices ranging from £280,000 to £450,000.

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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