Bairstow Eves says ..

Property Oracle says ..

The property is located on Addison Road, Caterham, Surrey, and is a 3-bedroom house with 1 bathroom. The list price is £550,000, and the property has a size of 1,125.91 sqft. The plot size is not specified.

The average house price in the area is £498,895, with an average size of 1,273 sqft and an average price per sqft of £391. Nearby properties on Addison Road range in price from £235,000 to £625,000, indicating some price variation within the street. The property benefits from being close to Caterham train station (2.36km) and several primary schools within a 1km radius, including Hillcroft Primary School (rated ‘Good’ by Ofsted).

Based on the provided images, the property appears to be in need of some modernisation and updating. The kitchen and bathroom are dated, and some rooms show signs of disrepair or require decluttering. The garden, while present, appears overgrown and requires maintenance.

Considering the property’s condition, the relatively small size compared to the area average, and the need for modernisation, the asking price of £550,000 seems slightly on the higher side compared to similar properties in the area. However, the presence of a garden and proximity to transport links and schools could justify a slightly higher price point. Further investigation into the specific condition of the property and the extent of required renovations would be necessary for a more precise price evaluation.

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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