Robert Parish says ..

Property Oracle says ..

The property is a 3-bedroom bungalow located on Newhall Drive, Harold Wood, in the London Borough of Havering. It’s within easy reach of Harold Wood station (0.67km), providing convenient access to TfL Rail services. Several primary schools with good Ofsted ratings are also nearby, within approximately 1km. This makes the location desirable for families.

The property appears to be in generally good condition, although some minor cosmetic upgrades could enhance its appeal. The kitchen and bathroom are functional but could benefit from some modernisation. The interior is presented in a neutral style, and the property benefits from a conservatory and a sizeable garden.

The presence of a garden is a positive feature, adding to the property’s overall value. The size of the garden appears to be reasonably large for a bungalow in this area.

Considering the average house price in the area is £450,015 and the average price per square foot is £400, the listing price of £1,950,000 seems significantly overpriced. While the location and garden are positive aspects, the property’s size and condition do not justify such a high price. Nearby comparable properties are listed at considerably lower prices, further supporting this conclusion. The lack of square footage information for the subject property makes a precise price comparison difficult, but the significant discrepancy with the average price in the area suggests the listing price is unrealistic.

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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