Reside says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom flat in New Cross, Lewisham, with a size of 829.25 sqft. The list price is £395,000. New Cross benefits from good transport links, with New Cross Gate Overground station being 0.64km away. Several primary schools are within a 1km radius, including Kings Kids Christian School (rated \‘Good\’ by Ofsted). The area also shows a mix of property prices, with some nearby properties significantly lower in value. This suggests potential variability in property values within the immediate vicinity. The property itself appears to be in good condition based on the provided images. The kitchen and bathroom look recently updated or well-maintained. The bedrooms are adequately sized and presented. There is no evidence of significant repair or renovation needs. However, the property lacks a private garden, only having access to a communal area with picnic benches. Considering the average price of £409,152 and average price per sqft of £671 in the area, the list price of £395,000 for this 829.25 sqft property seems reasonable, especially given its apparent good condition. The price is slightly below the average for the area, which could be due to the lack of a private garden or other factors not explicitly detailed. However, the presence of nearby properties with significantly lower prices suggests that the price may be at the higher end of the market for similar properties in the immediate area.

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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