Bairstow Eves says ..

Property Oracle says ..

The property is located on Ferndale Road, London, E11, in the Cann Hall area of Waltham Forest. It’s a 2-bedroom, 2-bathroom house with a plot size of 670 sqft and internal area of 490 sqft. The list price is £425,000.

The property appears to be in generally good condition internally, with a recently updated kitchen and bathroom. However, some minor cosmetic repairs may be needed, such as patching some wall damage in one of the bathrooms. Externally, the property shows signs of age and could benefit from some exterior maintenance. The garden area is relatively small and mainly paved.

The location is convenient, with Leytonstone High Road and its amenities within easy reach. Several schools are also nearby, although specific Ofsted ratings are not provided. The proximity to several public transport links (London Overground and TfL Rail) adds to the convenience of the location.

Considering the average house price in the area is £436,784 and the average price per sqft is £494, the list price of £425,000 for this 490 sqft property seems reasonable, especially given its condition and the relatively small plot size. However, it is important to note that nearby comparable properties are significantly more expensive, suggesting that the property might be undervalued. The lack of information on the condition and size of comparable properties makes a definitive price comparison challenging.

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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