Acorn says ..
Situated on the first floor of a Victorian conversion, this two-bedroom apartment on Northwood Road, SE23, offers a great opportunity for buyers looking to put their own stamp on a property. Priced at £450,000, it provides a well-proportioned layout with plenty of potential. En...
Property Oracle says ..
The property is a 2 bedroom apartment located on Northwood Road in Perry Vale, Lewisham, London. The asking price is £425,000.
The property appears to be in good condition based on the provided images. The interior is presented in a modern style, with recent updates to the kitchen and bathroom. There is evidence of some minor wear and tear, such as in one of the bedrooms, but this is not significant. The property benefits from a good-sized garden.
The location is positive. It is within walking distance of several highly-rated primary schools, including Rathfern Primary School and Kilmorie Primary School, both of which have an ‘Outstanding’ Ofsted rating. The area also has good transport links, with several train stations within a reasonable distance.
Considering the average price per square foot in the area is £620, and the property is 556.12 sqft, a comparable property might be expected to cost around £344,795. However, the property’s modern condition, good location, and garden contribute to its value. While the asking price of £425,000 is above the average price per sqft for the area, it is within the range of nearby comparable properties, and given the property’s condition and location, the price appears reasonable.
Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 8
- Location
- 9
- Land
- 7
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 556.12
- Lot (est)
- 785.00
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
- 552,857.00 £Decreased by 5.99 %
- Est sale value
- 423,207.32 £Increased by 29.42 %
- Average area rental value
- 1,921.00 £/moIncreased by 1.64 %
- Est letting value
- 1,112.24 £/moIncreased by 100.00 %
- Est rental Yield
- 4.17 %Increased by 8.03 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
Acorn created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Rathfern Primary School | Community School | Outstanding | 0.34 KM |
| St William Of York Catholic Primary School | Voluntary Aided School | Good | 0.51 KM |
| Kilmorie Primary School | Community School | Outstanding | 0.53 KM |
| St Dunstan'S College | Other Independent School | 0.83 KM | |
| Dalmain Primary School | Community School | Good | 0.89 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Desmond Tutu Drive | £ 360,000 | 0 | 0.00 KM |
| Carters Lane | £ 0 | 0 | 0.00 KM |
| Pool Court | £ 0 | 0 | 0.00 KM |
| Tibbenham Place | £ 400,000 | 0 | 0.00 KM |
| Thomas Dean Road | £ 625,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Catford | 5077 | CTF | 1.10 KM |
| Catford Bridge | 5047 | CFB | 1.28 KM |
| Honor Oak Park | 5418 | HPA | 1.46 KM |
| Crofton Park | 5078 | CFT | 1.56 KM |
| Lower Sydenham | 5053 | LSY | 1.84 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Northwood Road, London | £ 425,000 | BUY | 7 / 10 | 0.00 KM |
| Northwood Road, London, SE23 | £ 950,000 | BUY | Unknown | 0.02 KM |
| Northwood Road, Forest Hill, London, SE23 | £ 500,000 | BUY | Unknown | 0.05 KM |
| Carholme Road, Forest Hill, SE23 | £ 425,000 | BUY | 5 / 10 | 0.14 KM |
| Carholme Road, Forest Hill, London, SE23 | £ 425,000 | BUY | Unknown | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 8b Northwood Road | £ 87,000 | 0.01 KM |
| 2a Northwood Road | £ 266,000 | 0.01 KM |
| 11 Northwood Road | £ 322,500 | 0.01 KM |
| 39 Northwood Road | £ 410,000 | 0.01 KM |
| 15b Northwood Road | £ 475,000 | 0.01 KM |