Williams Harlow says ..

Property Oracle says ..

The property is a 2-bedroom retirement property located in Cheam Village, Sutton, Greater London. The property is listed at £400,000 and has 755.63 sqft of living space. The average price for properties in the area is significantly higher at £906,511, with an average price per sqft of £565.00. However, the provided data does not give the sqft for comparable properties, making a direct price comparison difficult.

The property appears to be in good condition based on the images provided. The interior is modern and well-maintained, with a clean and updated kitchen and bathroom. There is a small patio area visible in the exterior photos. The lack of information on the plot size makes it difficult to assess the amount of land associated with the property.

The location is positive. The property is within close proximity to several highly-rated schools, including Cheam High School (Outstanding Ofsted rating) and several good-rated primary schools. Cheam train station is also conveniently located nearby, providing easy access to public transportation.

Given the property’s modern condition, desirable location near good schools and transport links, and the lower-than-average price compared to the area average, the list price of £400,000 could be considered reasonable, especially considering it is a retirement property. However, the lack of plot size information and the absence of comparable property sqft data makes it challenging to definitively assess the value.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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