Foxtons says ..

Property Oracle says ..

The property located at Veals Mead, Mitcham, CR4, is a 3-bedroom, 1-bathroom detached house with 1,148 square feet of living space and a 1,331 square foot plot. The asking price is £795,000. The property is situated in the Lavender Fields area of Merton, within the London Borough of Merton. Several good primary schools are within a short distance, including Liberty Primary and Bond Primary School, both rated ‘Good’ by Ofsted. Multiple train stations, including Tooting and Mitcham Eastfields, offer convenient access to public transportation. The proximity to these amenities contributes to a positive location score. Based on the provided images, the property appears to be in excellent condition. It has undergone a recent and high-quality renovation or extension, evident in the modern kitchen, extension, and garden landscaping. The interior is bright, spacious, and well-maintained, indicating a high level of care and upkeep. There is no visible evidence of disrepair or the need for renovation. The property benefits from a modern extension to the rear, which includes a contemporary kitchen and dining area with bi-fold doors leading to the garden. The garden itself is well-maintained and features artificial turf, paving, and a substantial outbuilding. The property includes a substantial garden, adding to its overall appeal and value. The size of the garden (1,331 sqft) is considerably larger than the average for the area, further enhancing its desirability. Considering the average house price in the area is £397,240 and the average price per square foot is £356, the listed price of £795,000 for this property requires careful consideration. While the property’s condition, size, and plot size are significantly above average, the asking price is considerably higher than the average. However, the extensive renovation and modern extension, coupled with the substantial garden, justify a higher price than average. A detailed comparative market analysis of similar recently sold properties in the immediate vicinity would be needed to definitively assess the price’s reasonableness. The lack of detailed comparable sales data in the provided information makes a precise assessment challenging.

Therefore, we give this property 9 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images