haart says ..

Property Oracle says ..

The property located on Pettits Lane in Romford, Havering is a 5-bedroom, 2-bathroom semi-detached house with a list price of £850,000. The property is 780 sqft and has a plot size of 0 sqft, which is unusual and requires further clarification. The average house price in the area is £450,015, with an average size of 1,125 sqft and an average price per sqft of £400. Location: The property benefits from being close to several well-regarded schools, including Marshalls Park Academy (Good Ofsted rating) and St Peter’s Catholic Primary School (Outstanding Ofsted rating), both within a 1km radius. The proximity to Romford station (TfL Rail) provides convenient access to public transport. This positive aspect contributes to a favorable location score. Condition: Based on the provided images, the property appears to be in excellent condition. It has undergone significant modernisation, featuring a modern kitchen, updated bathrooms, and a contemporary aesthetic throughout. There is no evidence of disrepair or the need for renovation. Land: The listing indicates a plot size of 0.00 sqft, which is highly unusual for a property of this type and price in this location. Further information is needed to accurately assess the amount of land associated with the property. The images show a garden, however, its size cannot be determined from the available images. Price: Considering the property’s excellent condition, convenient location, and the presence of a garden (although the plot size is unclear), the list price of £850,000 appears high compared to the average price of £450,015 in the area. However, nearby comparable properties on Pettits Lane are listed at prices ranging from £525,000 to £675,000. The lack of sqft data for these comparable properties makes a precise price comparison difficult. The price per sqft (£400) from area insights is significantly lower than what this property is listed at. A more detailed analysis would require clarification on the plot size and a comparison with similar properties with accurately recorded sqft data.

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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