Peter James Estate Agents says ..

Property Oracle says ..

The property is a one-bedroom, one-bathroom flat with a size of 468.23 sqft and a list price of £400,000. The average price for properties in the area is significantly higher at £587,394, with an average price per sqft of £695. This particular flat is considerably smaller than the average property size in the area (468 sqft vs 844 sqft). The property benefits from a convenient location, with Ladywell train station just 0.12km away, providing easy access to central London. Several well-regarded schools are also within a reasonable distance, including Prendergast School (Outstanding Ofsted rating) and Gordonbrock Primary School (Outstanding Ofsted rating). The presence of local shops and amenities adds to the appeal of the location. Images reveal that the property appears to be in good condition, with a modern and well-maintained interior. The garden is a notable feature, offering additional space and privacy, which is uncommon for flats in this area. Considering the property’s size, condition, location, and the inclusion of a garden, the list price of £400,000 appears to be relatively reasonable compared to other properties in the area. Although the average price is higher, the smaller size and the fact that it’s a flat (as opposed to a house) justifies the lower price. The presence of a garden also adds value. Nearby comparable properties support this assessment; however, the lack of sqft data for these properties limits a precise comparison.

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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