Paul Graham says ..

Property Oracle says ..

The property is a detached house with four bedrooms and one bathroom, and has a total area of 1,557 sqft and a plot size of 1,777 sqft. The list price is £1,100,000. The location is in Carshalton South And Clockhouse, Sutton, Greater London. The area benefits from relatively close proximity to several railway stations, including Carshalton Beeches (0.31km), offering convenient access to London and surrounding areas. Good schools are also nearby, such as Stanley Park Junior School (0.44km) which has a ‘Good’ Ofsted rating. This positive aspect of the location contributes to its desirability. Based on the images provided, the property appears to be in excellent condition. It has undergone a significant and high-quality renovation, featuring a modern, extended kitchen and updated bathrooms. The interior is presented to a very high standard, suggesting minimal need for immediate repairs or renovations. The garden is well-maintained and of a good size. The average house price in the area is £631,219, with an average price per sqft of £542. While the list price of £1,100,000 is significantly higher than the average, it is important to note that this property is considerably larger than the average (1,557 sqft vs 1,163 sqft) and has undergone extensive modernisation and refurbishment. Nearby comparable properties on Sussex Road itself range from £359,950 to £571,950, but none of these properties appear to be comparable in terms of size, condition or recent renovation work. Given the property’s size, condition, and location, the list price may be considered reasonable, although at the higher end of the market. More data on comparable recently renovated properties would be needed to provide a more definitive assessment of value. Considering all factors, the property presents a compelling offering. The combination of a desirable location, excellent condition, and substantial plot size justifies its higher price point compared to other properties in the area.

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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