Mann says ..

Property Oracle says ..

The property located at Shaxton Crescent, Croydon, Surrey is a 3-bedroom, 2-bathroom semi-detached house with a list price of £480,000. The property has a total area of 1,631 sqft and sits on a plot of 1,045 sqft.

The property appears to have undergone a recent significant renovation, presenting in excellent condition. The kitchen and bathrooms are modern and well-equipped. The flooring throughout appears new, and the property is presented in a clean, unfurnished state. The garden is relatively small, but has potential.

The location in New Addington South, Croydon places the property within reasonable proximity to several schools rated ‘Good’ by Ofsted. Transportation links appear adequate, with several Southeastern train stations within a 7km radius. The average house price in the area is considerably higher than the asking price of this property, suggesting it may represent good value. However, it’s important to note that the average price per sqft in the area (£686) is higher than the implied price per sqft of this property (£293). This discrepancy warrants further investigation to understand the pricing rationale. Further analysis of comparable properties on Shaxton Crescent itself reveals a lower average price, indicating that the list price may be at the higher end of the market value for this specific street.

Considering the property’s condition, location, and land size, and comparing it to the average house prices and prices per sqft in the area and on the street, the list price of £480,000 requires further scrutiny to determine if it accurately reflects market value. More detailed information on local comparable sales is needed to fully assess the price.

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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