Considering the location, the need for modernisation, and the lack of specified square footage which would allow for a true comparison with local prices, the price of £325,000 appears reasonably priced compared to other properties in the immediate vicinity, particularly other flats in the same development which are similarly priced. Additional information about the size of the property would allow for a more precise assessment, however, the list price is not unreasonable.

The image shows a property that appears structurally sound from the exterior. However, the listing mentions it needs modernisation, suggesting the interior may require some level of refurbishment, meaning that while not in disrepair it could benefit from improvements.

Mill Hill is a desirable area in Barnet, London, known for its good schools and relatively easy access to transport links, although the distance to the nearest stations (1.78km and 2.48km) means it isn’t ideal for those who rely on public transit. The presence of several well-regarded schools nearby increases its family appeal and contributes to the desirability and therefore value of the location.

The property includes a shared, grassed area which could be considered adequate but does not constitute a private garden which many buyers may look for. This shared area contributes to the property’s outdoor space, but its communal nature reduces its score.