Michael Wright & Co says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom flat located in East Barnet, London, with a list price of £475,000. The flat has a size of 861.11 sqft and benefits from a garden. The average price for properties in the area is £608,132, with an average size of 1162 sqft and an average price per sqft of £523. While the property is smaller than the average, its price is considerably lower. Nearby properties on Vernon Crescent range in price from £390,000 to £700,000, suggesting some price variation depending on size and type. The presence of nearby schools with good Ofsted ratings (Oaktree School, East Barnet School, Monkfrith Primary School, De Bohun Primary School) and relatively close proximity to several train stations (Oakleigh Park, New Barnet, New Southgate) points to a convenient location. The images suggest the property is in good condition and well-maintained, with a modern kitchen and updated bathroom. The garden appears to be of a reasonable size for a flat. Considering the lower price point relative to the average in the area, the good condition of the property, the presence of a garden, and its convenient location near schools and transportation, the list price of £475,000 appears reasonable. However, the lack of information on the property’s specific features and the limited data on comparable properties (many nearby listings have missing sqft data) makes a definitive statement on price difficult.

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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