Newmill House, Bow
BU

Newmill House, Bow

By Butler & Stag

£ 375,000

Reviews

2 out of 5 stars

Butler & Stag says ..

Located in the vibrant neighbourhood of Bow E3, this second-floor apartment in Newmill House offers a perfect blend of sizable accommodation and urban convenience. With 656 square feet of well-designed living space, this two-bedroom apartment is ideal for those seeking a urban lifestyle.

Property Oracle says ..

Newmill House is a two-bedroom apartment located in Bow, Tower Hamlets. The property benefits from being close to several schools, including Marner Primary School (Good Ofsted rating) and Bow School (Good Ofsted rating), both within a short distance. Transportation links are also convenient, with West Ham station approximately 1.95 km away.

The apartment itself appears to be in reasonable condition based on the provided photos. While some minor cosmetic updates might enhance its appeal, the overall state seems well-maintained. The kitchen and bathroom appear functional, although a modern update could increase the property’s value. The living area is spacious and has plenty of natural light. The lack of outdoor space is a notable drawback.

Considering the average price per square foot in the area (£614) and the property’s size (656.60 sqft), the list price of £375,000 appears slightly above average. However, the proximity to good schools and transport links could justify the higher price for some buyers. The absence of a plot size further impacts the overall value assessment.

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

Price
6
Condition
7
Location
8
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
656.60

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
491,357.00 £
Increased by 22.72 %
from 400,400.00 £
Est sale value
560,079.80 £
Increased by 37.14 %
from 408,405.20 £
Average area rental value
2,124.00 £/mo
Decreased by 3.37 %
from 2,198.00 £/mo
Est letting value
1,969.80 £/mo
Unchanged by 0.00 %
from 1,969.80 £/mo
Est rental Yield
5.19 %
Decreased by 21.24 %
from 6.59 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Butler & Stag created the listing.

Nearby Schools

NameTypeOfstedDistance
Marner Primary SchoolCommunity SchoolGood0.11 KM
MarnerChildren's Centre0.11 KM
Bow SchoolCommunity SchoolGood0.22 KM
Ian Mikardo SchoolAcademy Special Converter0.26 KM
East London Arts & MusicFree Schools 16 To 19Outstanding0.30 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Reed Avenue £ 300,00000.00 KM
Grant Square £ 000.00 KM
Towcester Road £ 000.00 KM
Mayfly Close £ 000.00 KM
Brickfield Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
West Ham7474WEH1.95 KM
Stratford6969SRA2.24 KM
Stratford International7222SFA2.40 KM
Hackney Wick6978HKW2.67 KM
Maryland6970MYL3.17 KM

Nearby Listings

AddressPriceTypeScoreDistance
Newmill House, Bow £ 375,000BUY5 / 100.00 KM
St Andrews Development, Bow £ 300,000BUY6 / 100.07 KM
Devas Street, LONDON, London, E3 £ 375,000BUY4 / 100.07 KM
Brimsdown House, Devas Street, London, E3 £ 340,000BUY5 / 100.08 KM
Jefferson Plaza, Bow, London, E3 £ 340,000BUY7 / 100.08 KM

Nearby Properties

AddressPriceDistance
4 Harston Walk £ 435,0000.10 KM
14 Harston Walk £ 271,2000.10 KM
26 Oxley Square £ 473,0000.10 KM
24 Oxley Square £ 299,2500.10 KM
5 Oxley Square £ 181,6500.17 KM