Elms Estates says ..
Elms Estates are absolutely delighted to be able to bring to the market For Sale this One Bedroom Apartment situated within the cobbled mews of Peary Place. Peary Place is situated in an ideal location and offers excellent access to both Bethnal Green Tube Station (Central Line), Stepney...
Property Oracle says ..
This one-bedroom flat located on Peary Place in Bethnal Green, London, presents a mixed bag of attributes. Its location is a significant strength, offering proximity to good transport links (Bethnal Green tube station) and a range of highly-rated primary schools like Globe Primary School and Morpeth School, both rated as ‘Outstanding’ by Ofsted. Bethnal Green is a lively area in East London, but such urban living comes with trade-offs such as a comparatively smaller amount of green space compared to other areas of London. The provided photos reveal a functional, if somewhat dated, interior. While seemingly clean and well-maintained, the property would benefit from a modernisation of the kitchen and bathroom to elevate its overall appeal. A notable drawback is the lack of any significant private outdoor space. The listing price of £425,000 places it within the range of comparable properties. However, the lack of square footage data makes it impossible to determine the price per square foot and compare it against market averages with complete certainty. Considering the condition, location, and lack of land, the property is fairly priced relative to other similar properties in the area, though it is not uniquely attractive value-wise when factoring in necessary modernisations. Potential buyers should weigh the positives of the location and the proximity to amenities and transport against the need for modernisation and the limited land included in the property.
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
- 1
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 567,500.00 £Increased by 11.46 %
- Average area rental value
- 2,411.00 £/moIncreased by 8.90 %
- Est rental Yield
- 5.10 %Decreased by 2.30 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Elms Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Globe Primary School | Community School | Outstanding | 0.11 KM |
| Bonner Primary School | Community School | Good | 0.24 KM |
| Bangabandhu Primary School | Community School | Good | 0.34 KM |
| Morpeth School | Community School | Outstanding | 0.39 KM |
| Rachel Keeling Nursery School | Local Authority Nursery School | Outstanding | 0.40 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Globe Terrace | £ 500,000 | 0 | 0.00 KM |
| Butler Street | £ 0 | 0 | 0.00 KM |
| Elsden Mews | £ 0 | 0 | 0.00 KM |
| Helen's Place | £ 0 | 0 | 0.00 KM |
| Bonner Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Cambridge Heath | 6962 | CBH | 0.83 KM |
| Bethnal Green Rail | 6961 | BET | 1.12 KM |
| Whitechapel | 4935 | ZLW | 1.44 KM |
| London Fields | 6966 | LOF | 1.60 KM |
| Shadwell | 1082 | SDE | 2.05 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Peary Place, London | £ 425,000 | BUY | 5 / 10 | 0.00 KM |
| Peary Place, London | £ 600,000 | BUY | 5 / 10 | 0.01 KM |
| Peary Place, London | £ 1,100,000 | BUY | Unknown | 0.02 KM |
| Mendip Houses, Welwyn Street, Bethnal Green, E2 | £ 395,000 | BUY | Unknown | 0.03 KM |
| Mendip Houses, Welwyn Street, London, E2 | £ 450,000 | BUY | 5 / 10 | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 44 Brierly Gardens | £ 192,000 | 0.08 KM |
| 11 Brierly Gardens | £ 334,500 | 0.08 KM |
| 18 Brierly Gardens | £ 192,000 | 0.08 KM |
| 5 Brierly Gardens | £ 249,495 | 0.08 KM |
| 13 Brierly Gardens | £ 230,000 | 0.08 KM |