Gibbs Gillespie says ..

Property Oracle says ..

The property is a 1-bedroom flat located in Stanmore, Harrow, with a list price of £325,000. The flat has 372 sqft of living space and a 536 sqft plot. The average price for properties in the area is significantly higher at £623,952, with an average price per sqft of £582. The property appears to be in good condition based on the provided photos. The interior is modern, with recently updated fixtures and finishes. There is hardwood flooring throughout and a contemporary kitchen and bathroom. The property includes a small balcony or patio area, which is a positive feature. While not a large garden, it does offer some outdoor space. Considering the property’s condition, the relatively small size (372 sqft) compared to the area average (1071 sqft), and the lower price point compared to the average price in the area (£325,000 vs £623,952), the list price seems reasonable. However, the lack of comparable properties with similar sqft in the nearby listings makes a precise price comparison difficult. The nearby listings are primarily flats, and their sqft is not provided. The nearby properties with sqft data are detached houses, which are not directly comparable to the flat in question. The lower price may reflect the smaller size of the property and the fact that it’s a flat rather than a house. The location appears to be convenient, with several schools and transportation options within a reasonable distance. The proximity to good schools is a significant positive factor. The presence of local amenities is also implied by the nearby listings and descriptions, although specific details are lacking.

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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