Balgores says ..

Property Oracle says ..

The property is located in Dagenham, a suburban area in East London. The area benefits from relatively good transport links, with several train stations within a reasonable distance offering connections to central London. The proximity to schools, including those with good Ofsted ratings, is a positive aspect for families. However, the average house price in the area significantly exceeds the list price of this property, suggesting a potential undervaluation or that this property may have some drawbacks. Based on the provided images, the property appears to be in reasonable condition. The interior looks clean and well-maintained, although it may not be considered modern or luxurious. The kitchen and bathroom seem functional, but might benefit from some updates. The presence of scaffolding on the exterior of the building suggests potential ongoing maintenance or repairs. The property includes a small garden area, which is a desirable feature, especially for those seeking outdoor space. However, the size of the garden appears relatively limited. Considering the property’s size (543 sq ft), its location, condition, and the inclusion of a garden, the list price of £200,000 appears significantly lower than the average price for the area. The average price per square foot in the area is £413, while this property is listed at a much lower price per square foot. However, it is important to note that the lack of information on comparable properties in terms of size and condition makes a definitive price assessment challenging. The lower price may reflect the smaller size of the property or its location within the area compared to other properties. Further investigation into comparable properties would be needed to fully assess the price.

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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