Romford Road, London, E7
IA

Romford Road, London, E7

By IAD

£ 250,000

Reviews

2 out of 5 stars

IAD says ..

An excellent opportunity to purchase this well-maintained two bedroom apartment within Lumiere Building, located on one of the upper floors benefitting excellent panoramic views

Property Oracle says ..

This two-bedroom apartment located on Romford Road, Manor Park, in Newham, London offers a convenient and reasonably priced option for first-time buyers or investors. Its key selling points include proximity to Woodgrange Park station, providing easy access to central London, and several nearby good-rated primary schools. The apartment itself, while not luxurious, presents itself as well-maintained and clean. Pictures reveal a functional and adequately sized living space, kitchen, bathroom and bedrooms. The lack of outdoor space, however, is a significant drawback. The price point, while competitive when comparing to some of the nearby properties and their respective prices, should be considered in light of other factors like property size and general condition. More information such as the average price per square foot for the building and specifics about the condition of the building would be beneficial to give a much more accurate analysis.

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
7
Condition
6
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
703.60

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
383,000.00 £
Increased by 11.30 %
from 344,107.00 £
Est sale value
365,168.40 £
Increased by 48.29 %
from 246,260.00 £
Average area rental value
1,425.00 £/mo
Decreased by 0.90 %
from 1,438.00 £/mo
Est letting value
703.60 £/mo
Unchanged by 0.00 %
from 703.60 £/mo
Est rental Yield
4.46 %
Decreased by 10.98 %
from 5.01 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • IAD created the listing.

Nearby Schools

NameTypeOfstedDistance
Salisbury Primary SchoolCommunity SchoolGood0.34 KM
Monega Primary SchoolAcademy Sponsor Led0.40 KM
Avenue Primary SchoolCommunity SchoolGood0.69 KM
William Davies Primary SchoolCommunity SchoolGood0.76 KM
Madaniyah FoundationOther Independent SchoolGood0.89 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Carlton Road £ 000.00 KM
Salisbury Road £ 475,00000.00 KM
Bluebell Avenue £ 237,50000.00 KM
The Chase £ 350,00000.00 KM
Shrewsbury Road £ 662,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Woodgrange Park7467WGR0.06 KM
Manor Park6883MNP0.47 KM
Wanstead Park7408WNP1.99 KM
Forest Gate6876FOG2.17 KM
Ilford6881IFD3.06 KM

Nearby Listings

AddressPriceTypeScoreDistance
Romford Road, Forest Gate, E7 8AY £ 280,000BUY5 / 100.00 KM
Romford Road, London, E7 £ 210,000BUY5 / 100.01 KM
Romford Road, Forest Gate, London, E7 £ 325,000BUY5 / 100.01 KM
Romford Road, LONDON, E7 £ 200,000BUY5 / 100.01 KM
Romford Road, London, E7 £ 225,000BUY6 / 100.02 KM

Nearby Properties

AddressPriceDistance
43a Albany Road £ 180,0000.16 KM
6 Albany Road £ 195,0000.16 KM
16 Albany Road £ 250,0000.16 KM
9 Albany Road £ 289,9950.16 KM
43 Albany Road £ 115,9950.16 KM