WJ Meade says ..

Property Oracle says ..

The property is a 2-bedroom flat located in Enfield Lock, Enfield, with a list price of £239,995. The flat is 656.60 sqft and has a small garden. The average price for properties in the area is £402,509, with an average price per sqft of £470. Considering the provided images, the property appears to be in fair condition. The kitchen and bathroom appear dated and might benefit from some modernisation. While the property is habitable, some updating would likely improve its overall appeal and value. The location is reasonably convenient, with Enfield Lock train station within walking distance, providing links to London. Several schools are also nearby, though their Ofsted ratings vary. This makes the location suitable for families or commuters. Given the average price per sqft in the area is £470, and the property is 656.60 sqft, a rough estimate of the property’s value would be around £308,000. The list price of £239,995 is significantly lower than this estimate. However, the condition of the property and the need for potential modernisation should be considered. While the price is lower than the average for the area, it may still represent reasonable value, considering the need for potential improvements.

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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