Streets Ahead says ..

Property Oracle says ..

The property is a one-bedroom bungalow located in Shirley North, Croydon, with a list price of £285,000. The location is reasonably good, with several schools and transportation links within a reasonable distance. However, the average house price in the area is significantly higher (£551,600), suggesting that this property might be located in a less desirable part of Shirley North or that the property itself significantly impacts the value. Based on the provided images, the property appears to be in fair condition, but it could benefit from some modernisation. The kitchen and bathroom appear dated and may require updating. The overall condition is not poor, but it is not modern or in excellent condition either. The property has a small garden area, which is a positive aspect. Considering the average price per square foot in the area (£346) and the property’s size (336.50 sqft), a rough estimate of the property’s value would be around £116,000. However, the list price is £285,000, which is significantly higher than this estimate. This discrepancy could be due to several factors, including the limited availability of similar properties in the area, the desirability of the bungalow style, or the small plot size. The higher list price compared to nearby properties (which show a wide range of prices) suggests that the property may not represent great value for money, especially considering its condition and size. More information on comparable properties, specifically bungalows of a similar size and condition, would be needed to make a more definitive assessment of the price. The property benefits from having a small garden. However, the overall plot size is small.

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

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