Winkworth says ..
**GUIDE PRICE: £235,000 - £250,000** Lovely one bedroom apartment situated within a central location in the highly sought after area of New Cross within walking distance to local amenities. This property offers ample space and is perfect for a first-time purchase or buy to let in...
Property Oracle says ..
The property is a 1-bedroom apartment located in Bridge Meadows, New Cross, London. The apartment is situated in a convenient location with various transportation links within a reasonable distance, including South Bermondsey, Surrey Quays, and New Cross Gate stations. Several schools are also nearby, offering families with children a range of educational options.
Based on the provided images, the property appears to be in generally good condition. The apartment seems clean and well-maintained, although some minor updates or cosmetic improvements might enhance its overall appeal. The kitchen and bathroom show signs of age, but are functional. There is no evidence of major structural issues or significant repairs needed.
The property does not appear to have a substantial plot of land, as it’s an apartment. However, there’s a small communal green space visible in the exterior photo.
Considering the list price of £235,000, the average price of similar properties in the area (£409,152), and the average price per square foot (£671), the property seems reasonably priced, particularly given its size (433 sqft) and location. The lower price point could be attributed to the smaller size of the apartment and the lack of a private garden. However, the proximity to transportation and schools might offset these factors for some buyers.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 7
- Location
- 8
- Land
- 2
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 433.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 479,495.00 £Increased by 10.34 %
- Est sale value
- 274,522.00 £Increased by 1.28 %
- Average area rental value
- 2,475.00 £/moIncreased by 16.09 %
- Est letting value
- 1,299.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.19 %Increased by 5.09 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Winkworth created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Haberdashers' Aske'S Hatcham Temple Grove | Academy Converter | 0.55 KM | |
| Ilderton Primary School | Community School | Outstanding | 0.69 KM |
| Sir Francis Drake Primary School | Community School | Requires improvement | 0.71 KM |
| Rotherhithe Primary School & Children'S Centre | Children's Centre | 0.85 KM | |
| Rotherhithe Primary School | Community School | Good | 0.85 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Bolina Road | £ 0 | 0 | 0.00 KM |
| The Cotton Yard | £ 0 | 0 | 0.00 KM |
| Stockholm Road | £ 0 | 0 | 0.00 KM |
| Rollins Street | £ 569,000 | 0 | 0.00 KM |
| Heathfield Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| South Bermondsey | 5425 | SBM | 0.84 KM |
| Surrey Quays | 1083 | SQE | 1.02 KM |
| New Cross Gate | 5345 | NXG | 1.32 KM |
| Queens Road Peckham | 5424 | QRP | 1.54 KM |
| Canada Water | 1659 | ZCW | 1.56 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Bridge Meadows, London, SE14 | £ 235,000 | BUY | 6 / 10 | 0.00 KM |
| Bridge Meadows, New Cross, London, SE14 | £ 250,000 | BUY | 5 / 10 | 0.05 KM |
| Myers Lane, New Cross | £ 235,000 | BUY | 6 / 10 | 0.05 KM |
| Myers Lane, New Cross | £ 250,000 | BUY | 6 / 10 | 0.05 KM |
| Myers Lane, Graham Court, SE14 | £ 185,000 | BUY | 6 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 33 Bridge Meadows | £ 233,000 | 0.01 KM |
| 26 Bridge Meadows | £ 175,000 | 0.01 KM |
| 21 Bridge Meadows | £ 175,000 | 0.01 KM |
| 39 Bridge Meadows | £ 129,000 | 0.01 KM |
| 41 Bridge Meadows | £ 195,000 | 0.01 KM |