Balgores says ..

Property Oracle says ..

The property is a two-bedroom apartment located on Hillrise Road in Romford, Greater London. It’s listed at £250,000 and has 749 sqft of living space and a 699 sqft plot.

The apartment appears to be in good condition based on the provided images. The interior is modern and well-maintained, with updated fixtures and finishes. There is no visible evidence of significant wear and tear or the need for major renovations. The kitchen and bathroom look recently updated.

The property includes a balcony and a garden, which is a desirable feature, particularly in a city location. The size of the garden is relatively modest, but it still provides some outdoor space.

Considering the average price of properties in the area (£450,015) and the average price per square foot (£400), the listing price of £250,000 for this 749 sqft apartment seems reasonable, potentially even below average. However, it’s important to note that the average price and price per sqft are based on all property types in the area, not just apartments. The nearby comparable properties show a range of prices, with some apartments selling for less and others for more than the listing price. The lack of sqft data for nearby listings makes a precise comparison difficult. The location is convenient, with several schools and transportation options within a reasonable distance.

Based on the provided information, the property appears to be a good value for money. The property is in good condition, has a garden, and is located in a convenient area. However, a more precise price analysis would require more detailed information on comparable properties, specifically apartments with similar square footage in the immediate vicinity.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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