New Gun Wharf, London, E3
SA

New Gun Wharf, London, E3

By Savills

£ 500,000

Reviews

3 out of 5 stars

Savills says ..

One-bedroom apartment overlooking Victoria Park

Property Oracle says ..

The property is a one-bedroom, one-bathroom apartment located in Bow West, London. Based on the provided information and images, the property appears to be in good condition. The interior is modern and well-maintained, with a contemporary kitchen and bathroom. The apartment benefits from large windows offering views over Victoria Park and the Hertford Union Canal.

The location is a significant positive. The proximity to Victoria Park provides green space and recreational opportunities. Several well-regarded primary schools are within a short distance, making this an attractive option for families. Furthermore, the nearby London Overground stations provide convenient access to other parts of London.

The lack of plot size is a notable factor. The property is an apartment, so there is no garden.

Considering the property’s condition, location, and lack of outdoor space, the list price of £500,000 seems reasonable when compared to similar properties in the area. While some nearby apartments have higher list prices, these often include additional bedrooms or more significant square footage. The average price per square foot is unavailable for comparison, which would provide a more precise assessment of value. However, given the overall market in Bow West, and the property’s desirable features, the price appears to be in line with market expectations.

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
9
Location
9
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
530.66

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
1,191,667.00 £
Increased by 41.72 %
from 840,833.00 £
Est sale value
444,162.42 £
Decreased by 13.08 %
from 511,025.58 £
Average area rental value
2,142.00 £/mo
Decreased by 20.75 %
from 2,703.00 £/mo
Est letting value
530.66 £/mo
Decreased by 66.67 %
from 1,591.98 £/mo
Est rental Yield
2.16 %
Decreased by 44.04 %
from 3.86 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Savills created the listing.

Nearby Schools

NameTypeOfstedDistance
Old Ford Primary - A Paradigm AcademyAcademy Converter0.38 KM
Olga Primary SchoolCommunity SchoolGood0.54 KM
Olga Children'S CentreChildren's Centre Linked Site0.54 KM
Chisenhale Primary SchoolCommunity SchoolGood0.55 KM
Mulberry UtcUniversity Technical CollegeGood0.81 KM

Images

Picture No. 12 Reception/Kitchen Picture No. 32 Reception/Kitchen Reception/Kitchen Reception/Kitchen Reception/Kitchen Picture No. 31 Picture No. 30 Picture No. 35 Picture No. 13 Picture No. 11 Reception/Kitchen Reception/Kitchen Reception/Kitchen Picture No. 24 Picture No. 25 Picture No. 26 Picture No. 27 Picture No. 28 Picture No. 33 Picture No. 34 External Park Canal Canal Bike Storage External Canal Carpark

Nearby Streets

NameAverage PriceAverage SqftDistance
Sawmill Yard £ 000.00 KM
Allen Road £ 000.00 KM
Alma Terrace £ 000.00 KM
Ford Road £ 000.00 KM
Dane Place £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Hackney Wick6978HKW1.41 KM
Homerton6979HMN1.54 KM
Cambridge Heath6962CBH2.52 KM
Limehouse7491LHS2.60 KM
London Fields6966LOF2.62 KM

Nearby Listings

AddressPriceTypeScoreDistance
Citrine Apartments, Bow £ 450,000BUY6 / 100.00 KM
New Gun Wharf, London, E3 £ 500,000BUY6 / 100.00 KM
New Gun Wharf, Bow £ 650,000BUY7 / 100.00 KM
Citrine Apartments, New Gun Wharf, Bow, E3 £ 675,000BUY7 / 100.04 KM
Citrine Apartments, New Gun Wharf, London, E3 £ 450,000BUY8 / 100.04 KM

Nearby Properties

AddressPriceDistance
2 Printers Mews £ 305,0000.16 KM
17 Printers Mews £ 245,0000.16 KM
15 Printers Mews £ 600,0000.16 KM
36 Printers Mews £ 245,0000.16 KM
14 Printers Mews £ 317,0000.16 KM