Acorn says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom house located in Crofton Park, Lewisham, with a list price of £475,000. The property has a total area of 454.43 sqft and a plot size of 742 sqft. Crofton Park benefits from its proximity to Crofton Park train station (Govia Thameslink Railway), providing convenient access to central London. Several well-regarded primary schools are within a reasonable distance, including Beecroft Garden Primary and St Mary Magdalen’s Catholic Primary School, both rated ‘Good’ by Ofsted. The property appears to be in reasonably good condition based on the provided images. While the interior is presented as clean and habitable, the furnishings and decor are somewhat dated. There is no evidence of major structural issues or significant repairs needed. The small garden adds value. Considering the average property price in the area is £609,921 and the average price per sqft is £589, the listed price of £475,000 for this 454.43 sqft property appears relatively low. However, it’s important to note that the average property size is significantly larger (1,034 sqft) than the subject property. The smaller size and potentially the need for some cosmetic upgrades could justify the lower price point. Nearby comparable properties show a wide range of prices, highlighting the variability in the market. Some properties are significantly more expensive, while others are considerably less. The lack of sqft data for nearby properties makes a direct comparison challenging.

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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