Yellands says ..
Yellands are please to offer to the market as sole agents, this wonderful one bedroom flat in Wanstead.
Property Oracle says ..
The property is a 1-bedroom flat located in Wanstead Village, Redbridge, within the London Borough of Redbridge. Wanstead Village is known for its attractive and convenient location, with good access to green spaces and local amenities. The proximity to several highly-rated schools, such as Wanstead Church School (Outstanding Ofsted rating), is a significant positive. Several transport links are also within a reasonable distance, although this will vary depending on individual needs and preferences.
The property itself appears to be in reasonable condition based on the provided images. While not brand new, it presents as clean and well-maintained. There is no obvious evidence of significant repair or renovation needs. The kitchen and bathroom appear functional, although they may benefit from some modernisation depending on buyer preferences.
The property has access to a communal garden area, although the size is not specified. This provides some outdoor space, which is a desirable feature in urban areas.
The list price of £374,950 is significantly lower than the average price of £639,975 for the area. However, the average price per square foot (£675) is higher than what this property would suggest given its size (559.72 sqft). Considering the property’s condition, location, and access to outdoor space, the price may represent good value compared to some other properties in the area, but further investigation into comparable properties and the specific features of this flat would be necessary to confirm this. The lack of plot size information makes it difficult to fully assess the value for money. The nearby listings show a considerable range of prices, suggesting some variability in the market.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 7
- Location
- 8
- Land
- 5
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 559.72
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
- 420,625.00 £Decreased by 41.98 %
- Est sale value
- 340,869.48 £Decreased by 22.02 %
- Average area rental value
- 1,859.00 £/moDecreased by 4.42 %
- Est letting value
- 1,119.44 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.30 %Increased by 64.60 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Yellands created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Wanstead Children'S Centre | Children's Centre | 0.41 KM | |
| Wanstead Church School | Voluntary Aided School | Outstanding | 0.44 KM |
| Our Lady Of Lourdes Rc Primary School | Academy Converter | 0.56 KM | |
| Snaresbrook Primary School | Community School | Good | 1.21 KM |
| Wanstead High School | Community School | Good | 1.27 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Woodcote Road | £ 919,875 | 0 | 0.00 KM |
| Tennyson Avenue | £ 1,365,000 | 0 | 0.00 KM |
| Selsdon Road | £ 483,636 | 0 | 0.00 KM |
| Dudley Court | £ 600,000 | 0 | 0.00 KM |
| Mansfield Road | £ 720,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Leytonstone High Road | 7403 | LER | 2.20 KM |
| Wanstead Park | 7408 | WNP | 2.58 KM |
| Forest Gate | 6876 | FOG | 2.83 KM |
| Wood Street | 6954 | WST | 3.28 KM |
| Manor Park | 6883 | MNP | 3.45 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Cambridge Park, Wanstead | £ 200,000 | BUY | 7 / 10 | 0.05 KM |
| Cambridge Park, London, E11 | £ 485,000 | BUY | 7 / 10 | 0.07 KM |
| Spratt Hall Road, Wanstead | £ 425,000 | BUY | 6 / 10 | 0.07 KM |
| Spratt Hall Road, Wanstead | £ 575,000 | BUY | 6 / 10 | 0.09 KM |
| Addison Road, Wanstead | £ 875,000 | BUY | Unknown | 0.17 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 41 Addison Road | £ 675,000 | 0.19 KM |
| 5 Addison Road | £ 545,000 | 0.19 KM |
| 15 Addison Road | £ 550,000 | 0.19 KM |
| 2 Addison Road | £ 141,000 | 0.19 KM |
| 16 Addison Road | £ 642,600 | 0.19 KM |