River Close, Wanstead
TH

River Close, Wanstead

By The Stow Brothers

£ 400,000

Reviews

4 out of 5 stars

The Stow Brothers says ..

Beautifully presented and stylishly refurbished throughout, this elegant two-bedroom apartment is set within a purpose-built mansion block, offering a perfect blend of classic charm and modern comfort. Just a short walk from Wanstead Tube Station on the Central Line, the location is unbeatable fo...

Property Oracle says ..

Wanstead Park is a desirable area in Redbridge, East London. The property’s proximity to Wanstead High School (rated ‘Good’ by Ofsted) and several other highly-rated primary schools is a significant advantage for families. The area also benefits from good transport links, with several Overground and TfL Rail stations within a reasonable distance, providing convenient access to central London and other parts of the city. This makes the location score high. The provided images show a modern, well-maintained property. The kitchen and bathrooms appear recently renovated and in excellent condition. The flooring throughout looks new, and the overall presentation suggests a high standard of upkeep. There is no evidence of significant repairs or renovations required. While the property is a flat and therefore doesn’t have a large private garden, the images show a communal garden area that is well-maintained and provides access to outdoor space. This is a positive aspect for a flat. The list price of £400,000 for a 705 sq ft, 2-bedroom flat in Wanstead Park seems reasonable when compared to the average price per sq ft in the area (£388). While the average property price in the area is significantly higher (£703,000), this reflects the larger size of typical properties. The comparable properties listed nearby, while varying in type, support the pricing at around £400,000 for a flat of this size and condition in the area. Therefore, the price seems reasonable.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
9
Location
9
Land
6
Bedrooms
2
Bathrooms
1
Sqft (est)
705.04

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
787,500.00 £
Decreased by 3.54 %
from 816,403.00 £
Est sale value
540,060.64 £
Increased by 36.79 %
from 394,822.40 £
Average area rental value
1,657.00 £/mo
Decreased by 12.28 %
from 1,889.00 £/mo
Est letting value
705.04 £/mo
Unchanged by 0.00 %
from 705.04 £/mo
Est rental Yield
2.52 %
Decreased by 9.35 %
from 2.78 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • The Stow Brothers created the listing.

Nearby Schools

NameTypeOfstedDistance
Wanstead High SchoolCommunity SchoolGood0.12 KM
Nightingale Primary SchoolCommunity SchoolOutstanding1.01 KM
Aldersbrook Children'S CentreChildren's Centre1.33 KM
Aldersbrook Primary SchoolCommunity SchoolOutstanding1.38 KM
Wanstead Church SchoolVoluntary Aided SchoolOutstanding1.41 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Corbett Road £ 824,99500.00 KM
Warren Road £ 1,400,00000.00 KM
Drummond Road £ 1,000,00000.00 KM
Elm Close £ 000.00 KM
Gloucester Road £ 875,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Manor Park6883MNP2.84 KM
Wanstead Park7408WNP3.00 KM
Woodgrange Park7467WGR3.12 KM
Forest Gate6876FOG3.31 KM
Leytonstone High Road7403LER3.49 KM

Nearby Listings

AddressPriceTypeScoreDistance
River Close, Wanstead £ 400,000BUY8 / 100.00 KM
Land at River Court, River Close, Wanstead, London, Redbridge, E11 2LB £ 275,000BUY7 / 100.03 KM
River Close, London, E11 £ 350,000BUY7 / 100.05 KM
River Court, Wanstead £ 375,000BUY7 / 100.05 KM
Corbett Road, Wanstead £ 800,000BUYUnknown0.14 KM

Nearby Properties

AddressPriceDistance
5 Corbett Road £ 387,5000.14 KM
13 Corbett Road £ 328,0000.14 KM
1 Corbett Road £ 193,5000.14 KM
12 Corbett Road £ 385,0000.14 KM
11 Corbett Road £ 273,0000.14 KM