Paul Graham says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom house with a total area of 628.61 sqft and is listed at £375,000. The average price for properties in the area is significantly higher at £502,833, with an average price per sqft of £468. This suggests that the property may be underpriced compared to the local market average. However, the average sqft in the area is 1,073 sqft, considerably larger than the property in question. This difference in size needs to be considered when comparing prices. The property appears to be in good condition based on the provided photos. The interior looks well-maintained and recently updated, particularly the kitchen and bathroom. The garden is a notable feature, offering some outdoor space, although its exact size is not specified. The location in Beddington North, Sutton, places the property within reasonable proximity to Beddington Park, local schools (including some with outstanding Ofsted ratings), bus routes, and tram stops. This suggests a convenient and desirable location. Considering the property’s condition, the inclusion of a garden, and its relatively convenient location, the listed price of £375,000 appears to be reasonable, especially considering its smaller size compared to the area average. However, a more detailed analysis of comparable properties sold in the area would be necessary to confirm this. The lack of plot size information in the listing prevents a more accurate assessment of the land value.

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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