Pedder says ..

Property Oracle says ..

The property is a terraced house located in the Herne Hill area of Lambeth, London. It has three bedrooms, one bathroom, and is 1,204.48 square feet in size. The list price is £950,000. The average price for properties in the area is £625,177, with an average price per square foot of £764. This property is significantly larger than average at 1204 sqft compared to the average of 818 sqft. This suggests that the price per sqft may be lower than the average for the area, which is supported by the fact that the list price is only £950,000. However, without plot size information for the area’s average, a definitive comparison is difficult. The property benefits from being close to several transport links, including Denmark Hill and Loughborough Junction stations, which provide convenient access to central London. There are also several well-regarded schools within a reasonable distance, including St Saviour’s Church of England Primary School and The Michael Tippett School, both rated ‘Good’ by Ofsted. Based on the images provided, the property appears to be in excellent condition, having undergone recent modernisation. The kitchen and bathrooms look newly renovated, and the property has a modern feel throughout. There is also a private, well-maintained patio area, which adds to the property’s appeal. Given the property’s location, condition, and size, the list price of £950,000 appears to be reasonable, potentially even slightly below market value considering the size and condition. However, the lack of plot size information prevents a more precise assessment of the land value.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images