McDowalls says ..

Property Oracle says ..

This property is a four-bedroom house located on Barking Road in Boleyn, Newham. The property is in need of significant renovation, as evidenced by the images provided. The house appears to be a period property with traditional features, although these are obscured by its current state of disrepair. The location is reasonably convenient, with several schools and transportation options within a reasonable distance. However, the immediate surroundings appear somewhat unkempt, as seen in the exterior photos. The list price of £500,000 seems high considering the property’s condition and the average price per square foot in the area. The lack of plot size information makes a comprehensive evaluation difficult. The average house price in the area is £392,896, and the average price per sqft is £432. This property is listed at £500,000 with 1808 sqft, making the price per sqft approximately £276. This is significantly lower than the average price per sqft in the area, but the property’s condition needs to be considered. Nearby properties show a range of prices, some significantly lower and others comparable, but none are in a similar condition.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images