Grierson Road, London, SE23
PU

Grierson Road, London, SE23

By Purplebricks

£ 834,999

Reviews

2 out of 5 stars

Purplebricks says ..

The Property in the Honor Oak area within the London Borough of Lewisham has three bedrooms, a first floor bathroom with a walk in shower, two reception rooms and a fitted kitchen. The property is spacious and has excellent transport linka only 0.2 miles away from the railway station providing...

Property Oracle says ..

Crofton Park, Lewisham, is a popular area with good transport links and local amenities. The proximity to Honor Oak Park Overground station (0.41km) and Crofton Park station (0.75km) provides convenient access to central London. Several well-regarded schools are within a reasonable distance, including Stillness Junior and Infant Schools, both rated ‘Good’ or ‘Outstanding’ by Ofsted. This makes the location attractive to families.

The property itself appears to be in need of modernisation and some repair. The images show dated fixtures and fittings, worn carpets and walls, and generally tired décor. While the structure seems sound, significant refurbishment would be required to bring it up to a modern standard. The kitchen and bathrooms show signs of age and would likely need complete updating.

The property’s plot size is listed as 0.00 sqft, indicating a lack of garden space. This is a common feature in terraced properties in London, but it is a factor to consider.

Considering the list price of £834,999, the average price in the area (£609,921) and the average price per sqft (£589), the property seems overpriced. While the location is desirable and the property offers three bedrooms and three bathrooms, the significant renovation needed significantly impacts its value. Nearby comparable properties, even those in better condition, are listed at considerably lower prices. The lack of plot size further justifies a lower asking price. A thorough survey and cost estimate for refurbishment are recommended to determine a fair market value.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
4
Location
8
Land
1
Bedrooms
3
Bathrooms
3
Sqft (est)
1,322.88

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
606,692.00 £
Decreased by 6.50 %
from 648,901.00 £
Est sale value
1,031,846.40 £
Increased by 4.70 %
from 985,545.60 £
Average area rental value
1,750.00 £/mo
Decreased by 16.47 %
from 2,095.00 £/mo
Est letting value
2,645.76 £/mo
Unchanged by 0.00 %
from 2,645.76 £/mo
Est rental Yield
3.46 %
Decreased by 10.59 %
from 3.87 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Purplebricks created the listing.

Nearby Schools

NameTypeOfstedDistance
Stillness Junior SchoolCommunity SchoolGood0.47 KM
Stillness Infant SchoolCommunity SchoolOutstanding0.47 KM
Chelwood Nursery SchoolLocal Authority Nursery SchoolOutstanding0.75 KM
Turnham AcademyAcademy Sponsor Led0.79 KM
Beecroft Garden PrimaryCommunity SchoolGood0.91 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Brockley Way £ 350,00000.00 KM
Chelwood Walk £ 000.00 KM
Hawkslade Road £ 768,8695,6720.00 KM
One Tree Hill £ 000.00 KM
Desmond Tutu Drive £ 360,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Honor Oak Park5418HPA0.41 KM
Crofton Park5078CFT0.75 KM
Brockley5404BCY1.52 KM
Forest Hill5362FOH1.84 KM
Catford5077CTF1.96 KM

Nearby Listings

AddressPriceTypeScoreDistance
Grierson Road, London, SE23 £ 834,999BUY4 / 100.00 KM
Grierson Road, Forest Hill £ 950,000BUY7 / 100.04 KM
Maclean Road, Forest Hill £ 1,050,000BUY7 / 100.08 KM
Holmesley Road, Forest Hill £ 1,000,000BUY7 / 100.10 KM
Holmesley Road, Forest Hill £ 990,000BUY8 / 100.11 KM

Nearby Properties

AddressPriceDistance
64 Grierson Road £ 746,0000.05 KM
70 Grierson Road £ 360,0000.05 KM
72 Grierson Road £ 99,0000.05 KM
58 Grierson Road £ 434,0000.07 KM
62 Grierson Road £ 625,0000.07 KM