Acorn says ..

Property Oracle says ..

The property is located in Wivenhoe Close, Southwark, London, with a postcode of SE15 3NL. It is a 3-bedroom, 1-bathroom property with a total area of 852 sqft and a plot size of 0 sqft. The list price is £475,000. The property benefits from a small, enclosed rear garden. Based on the photos, the property appears to be in generally fair condition, showing some signs of age in the kitchen and bathroom. While not in disrepair, an update would likely increase the property’s appeal and value. The location benefits from good transport links via the Govia Thameslink Railway and proximity to several primary schools with ‘Good’ Ofsted ratings. However, more information on the immediate surrounding area and amenities is needed for a comprehensive assessment. Considering the property’s condition, the presence of a small garden, and the location’s proximity to transport and schools, the list price of £475,000 warrants further analysis. The average price for properties in the area is £641,305, and the average price per sqft is £746. While the property is below the average price, its smaller plot size and the need for potential modernisation could justify the lower price point. However, comparable properties on Wivenhoe Close have sold for prices ranging from £194,000 to £480,000, indicating a significant price variation. More information on the specific condition of comparable properties would be needed to provide a more precise evaluation of the property’s price competitiveness.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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