Redchurch Street, London, E2
WI

Redchurch Street, London, E2

By Winkworth

£ 425,000

Reviews

3 out of 5 stars

Winkworth says ..

A large one-bedroom apartment situated on the lower ground floor of this modern development in the heart of Shoreditch. The property spans 695sqf and boasts high ceilings throughout. On entry to the property, you have a large open plan living room/diner with wooden flooring throughout, family ba...

Property Oracle says ..

This property is a one-bedroom, one-bathroom apartment located on Redchurch Street in Shoreditch, London. The area is known for its vibrant atmosphere, trendy shops, and proximity to excellent transport links such as Shoreditch High Street Overground station (0.14km). Several highly-rated schools are also within a reasonable distance, including Virginia Primary School (Outstanding, 0.23km) and Mulberry Academy Shoreditch (Outstanding, 0.64km). The apartment itself appears modern and well-maintained, based on the provided photos. However, it lacks a garden (plot size 0.00 sqft). While the list price is significantly below the average price for the area (£425,000 vs £716,942), the property is also smaller than the average (695 sqft vs 737 sqft). Considering the average price per sqft in the area is £972, and this property is priced at approximately £611 per sqft, it represents a potentially good value proposition, especially given its location and apparent condition. Nearby comparable properties on Redchurch Street are listed at significantly higher prices, suggesting this property may be underpriced.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
9
Location
10
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
695.00

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
599,375.00 £
Decreased by 3.07 %
from 618,354.00 £
Est sale value
666,505.00 £
Increased by 15.54 %
from 576,850.00 £
Average area rental value
2,567.00 £/mo
Decreased by 0.31 %
from 2,575.00 £/mo
Est letting value
2,780.00 £/mo
Increased by 33.33 %
from 2,085.00 £/mo
Est rental Yield
5.14 %
Increased by 2.80 %
from 5.00 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Winkworth created the listing.

Nearby Schools

NameTypeOfstedDistance
Virginia Primary SchoolCommunity SchoolOutstanding0.23 KM
Columbia Market Nursery SchoolLocal Authority Nursery SchoolOutstanding0.43 KM
Little Oaks Sure Start Children'S CentreChildren's Centre Linked Site0.50 KM
Mulberry Academy ShoreditchAcademy ConverterOutstanding0.64 KM
Workers' Educational AssociationFurther EducationGood0.70 KM

Images

Picture No.03 Picture No.08 Picture No.02 Picture No.04 Picture No.06 Picture No.05 Picture No.07 Picture No. 10 Picture No. 14 Picture No. 12 Picture No. 18 Picture No. 11 Picture No. 15 Picture No. 16 Picture No. 17 Picture No. 19 Picture No. 13

Nearby Streets

NameAverage PriceAverage SqftDistance
Redchurch Street £ 850,00000.00 KM
Commercial Street £ 000.00 KM
King John Court £ 000.00 KM
Strouts Place £ 000.00 KM
New Inn Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Shoreditch High Street1024SDC0.14 KM
Hoxton1023HOX0.78 KM
Liverpool Street6965LST1.04 KM
Fenchurch Street7490FST1.51 KM
Old Street6003OLD1.54 KM

Nearby Listings

AddressPriceTypeScoreDistance
Redchurch Street, London, E2 £ 800,000BUY7 / 100.00 KM
Redchurch Street, London, E2 £ 425,000BUY7 / 100.00 KM
Redchurch Street, London, E2 £ 1,100,000BUY8 / 100.00 KM
Redchurch Street, London, E2 £ 425,000BUY6 / 100.00 KM
Redchurch Street, London, E2 £ 1,700,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
51 Redchurch Street £ 77,0000.01 KM
73 Redchurch Street £ 78,0000.02 KM
61a Redchurch Street £ 125,0000.02 KM
71 Redchurch Street £ 250,0000.02 KM
28 Old Nichol Street £ 171,2500.03 KM