Foxtons says ..

Property Oracle says ..

The property is located in Graduate Place, London Bridge, a desirable area in the SE1 postcode. The area benefits from excellent transport links, with London Bridge station just 0.78km away, providing easy access to various parts of London. Several well-regarded primary schools are within a reasonable distance, including Grange Primary School and Snowsfields Primary School, both rated ‘Good’ by Ofsted. This makes the location attractive to families. Based on the provided images, the property appears to be in good condition. The interior is modern and well-maintained, with light and airy rooms. The kitchen and bathrooms are clean and functional, although the style is somewhat dated. There is no evidence of significant repairs or renovations needed. The property does not appear to have a garden or any outdoor space beyond a roof terrace, which is a relatively small area. This is a common feature in properties in central London, where space is at a premium. The list price of £1,500,000 is significantly higher than the average price for the area (£294,997). However, considering the property’s size (1621.05 sqft), its location in a prime area of London, and the relatively modern condition, the price may be justified. The average price per square foot in the area is £262.00, while the price per square foot for this property is approximately £925.00, which is significantly higher. This difference can be attributed to the property’s location, condition, and the lack of comparable properties with readily available square footage data in the immediate vicinity. Nearby comparable properties are listed at around £1,000,000 but lack detailed square footage information. Therefore, a definitive conclusion on the price’s reasonableness solely based on the provided data is difficult to make.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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