Kinleigh Folkard & Hayward - Sales says ..

Property Oracle says ..

The property is located in the Barrow Hill Estate, St John’s Wood, a highly desirable area in London. The proximity to Regent’s Park, excellent schools like Barrow Hill Junior School (located just 0.12km away and rated ‘Good’ by Ofsted), and relatively easy access to several transport links (South Hampstead Overground is 1.4km away) makes this location very attractive. The area is known for its affluent character and family-friendly atmosphere. However, the average price in the area is significantly higher than the listed price, suggesting potential undervaluation.

The property itself appears to be in good condition based on the provided images. The rooms are well-maintained and modern, with updated fixtures and fittings. The kitchen and bathroom look recently renovated or in excellent condition. There is no visible evidence of significant repairs needed.

The property includes a balcony, offering some outdoor space. While not a large garden, it still provides an additional amenity.

Considering the property’s location in St John’s Wood, its good condition, and the inclusion of a balcony, the listed price of £699,999 seems relatively low compared to the average price of £1,463,110 for the area. The average price per square foot in the area is £1419, and while the property’s square footage (1718 sqft) is above average, the listed price is significantly below the area average. However, nearby comparable properties show a range of prices, with some significantly lower than the average. Therefore, while the price may seem low considering the area, it’s important to note that the market can fluctuate, and this property may be priced competitively to attract buyers quickly. Further investigation into recent sales of similar properties in the immediate vicinity would be beneficial to confirm the price’s competitiveness.

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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