Winkworth says ..

Property Oracle says ..

The property is a two-bedroom apartment located in the Peabody Estate, London, SE24. The apartment is 705 sqft and is listed at £475,000. The average price for properties in the area is £678,837, with an average price per sqft of £625. The apartment appears to be in good condition. The photos show a modern, well-maintained interior with updated kitchen and bathroom fixtures. There is no evidence of significant repairs or renovations needed. The property does not appear to have a garden or any significant outdoor space. The plot size is listed as 0 sqft. Considering the average price per sqft in the area (£625) and the apartment’s size (705 sqft), a rough estimate of its value would be around £440,625. The listed price of £475,000 is slightly higher than this estimate. However, given the good condition of the property and its location near transportation and schools, the price may be considered reasonable, especially in the context of the current London property market. The lack of outdoor space may be a factor influencing the price. More information on comparable properties in the immediate vicinity with similar features would be beneficial to refine this assessment.

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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