Winkworth says ..

Property Oracle says ..

The property is a 3-bedroom, 2-bathroom terraced house situated on Herne Hill Road in the popular Herne Hill area of Lambeth, London. It offers a plot size of 775 sqft and a total area of 917 sqft. The list price is £550,000. The location is excellent, scoring a ⁹⁄₁₀. Herne Hill is a highly sought-after residential area known for its attractive Victorian and Edwardian architecture, its village atmosphere, and its proximity to excellent amenities. The presence of highly-rated primary schools within a short distance (St Saviour’s Church of England Primary School, The Michael Tippett School, and Jessop Primary School) significantly enhances its appeal to families. Furthermore, the relatively easy access to multiple train stations (Loughborough Junction, Herne Hill, Denmark Hill, and Brixton) provides convenient transport links to central London and beyond. The slightly higher than average price reflects the desirability of the area. Based on the provided images, the property appears to be in good condition, scoring ⁷⁄₁₀. While the kitchen and bathrooms have been recently updated to a modern standard, some aspects of the property show signs of age. The property has been well maintained and is presented in a clean and tidy condition. However, it does not appear to be a newly built or extensively renovated property. The property benefits from a garden, scoring a ⁶⁄₁₀. Although the garden is relatively small, its presence is a significant advantage in a densely populated urban area like London. The garden offers a private outdoor space. Considering the property’s size (917 sqft), condition, location, and the presence of a garden, the list price of £550,000 appears reasonable, scoring a ⁷⁄₁₀. While the average price per sqft in the area is £764, this property is slightly below average in terms of price per sqft, likely reflecting its age and size. However, the desirability of the location and the recent updates to the kitchen and bathrooms offset this. The presence of several comparable properties listed at similar prices further supports this assessment.

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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