Countryside North London says ..

Property Oracle says ..

The property is a modern 2-bedroom, 2-bathroom apartment located in Cockfosters, Enfield, with a list price of £515,000. The apartment is 550 sqft and benefits from a small balcony. The finishes and fixtures appear high quality and modern, suggesting minimal need for renovation. The location is near several schools and train stations, providing good transport links. However, the proximity to shops and other amenities requires further investigation. The average house price in the area is significantly higher (£1,115,529) than the list price of this property, and the average price per sqft is £690.00, compared to this property’s implied price per sqft of approximately £936.36. Nearby comparable properties are also predominantly apartments and maisonettes, and their prices vary, but are generally in the same price range. Considering the modern condition of the apartment, its relatively small size, and lack of outdoor space, the list price of £515,000 appears to be at the higher end of the market for similar properties in the area. The higher price per sqft compared to the area average may be justified by the modern condition and finishes of the property, and the relatively small size may also influence the pricing. However, the absence of a garden or substantial outdoor space might make it less attractive to some buyers.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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