Pedder says ..

Property Oracle says ..

The property is a semi-detached house with two bedrooms and one bathroom, situated in Penge, London. It has a list price of £600,000 and a plot size of 1,108 sqft. The property is in good condition and appears to have been recently renovated or modernised. The images show a modern kitchen and bathroom, with a well-maintained garden. The property benefits from being close to several transport links, including Penge West and Penge East stations, providing convenient access to central London. There are also several well-regarded schools within a reasonable distance.

The average house price in the area is £562,702, with an average price per sqft of £528. While the property’s price per sqft (£881) is significantly higher than the average, this is likely due to its modern condition, the inclusion of a garden, and its location in Penge, which is a desirable area. The nearby listings show a range of prices, with some properties selling for significantly more than the subject property, suggesting that the asking price may be justified. However, further analysis of comparable properties would be needed to confirm this.

The property benefits from a well-maintained garden, adding to its overall appeal and value. The location is positive, with easy access to transport and schools. The condition is excellent, reflecting recent renovations. The price, while higher than average, may be reasonable given the factors mentioned above.

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

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