While the average price per square foot in the area is £1,667, the list price of £400,000 for this 502 sqft flat seems relatively reasonable when compared to similar properties in the vicinity. The lower price may be attributed to the smaller size compared to average house sizes in the area. However, some nearby flats are listed at a lower price, suggesting the £400,000 price might be slightly higher than the average for comparable properties.

Based on the images provided, the property appears to be in good condition. The interior is modern and well-maintained, suggesting that significant renovation is not required. The kitchen and bathroom look recently updated.

The property’s location in Oval, Lambeth, scores highly due to its proximity to excellent schools like Reay Primary School and Ashmole Primary School (both rated Outstanding by Ofsted), and its relatively close distance to several transport links. This makes it an attractive option for families and commuters.

The property includes a private garden, which is a rare and valuable asset for a flat in London. The garden appears well-maintained and provides additional outdoor space.