Redbridge Lane West, Wanstead
CH

Redbridge Lane West, Wanstead

By Churchill Estates

£ 800,000

Reviews

3 out of 5 stars

Churchill Estates says ..

** No chain - Available to view from Saturday 8th March by appointment ** End of terrace | Three bedrooms | Two receptions | Huge potential to extend (STPP) | Attached garage | Off street parking for numerous vehicles | Low maintenance rear garden | Double glazing throughout | Gas central heating

Property Oracle says ..

The property is located in Wanstead Park, Redbridge, which is a desirable area in East London. The proximity to Wanstead High School (rated ‘Good’ by Ofsted) is a positive aspect for families. Additional nearby schools such as Nightingale Primary School and Wanstead Church School, both rated ‘Outstanding’, further enhance the location’s appeal. The area also benefits from relatively easy access to several London Overground and TfL Rail stations, although the distances (2.83 KM to Wanstead Park station) might be considered a moderate commute for some.

Based on the provided photographs, the property appears to be in generally fair condition. However, some aspects, such as the dated décor and carpeting, suggest that modernisation would improve its overall presentation and potentially increase its value. The kitchen and bathroom, while functional, also show their age and could benefit from updating. The property’s condition is not poor, but it is not in excellent condition either. The garden, while present, appears somewhat overgrown and could require some landscaping work.

The property has a garden, albeit one that needs some attention. Its size is not specified, but the images suggest a relatively modest garden area.

Considering the list price of £800,000, the average price in the area of £703,000, and the average price per square foot of £388, the property’s pricing seems somewhat high. The property is smaller than the average property size in the area (904.17 sqft vs 1811 sqft). While the location and presence of a garden are positive factors, the need for some modernisation and the relatively small size compared to the local average could justify a lower asking price to be more competitive. Nearby comparable properties show a range of prices, with some significantly lower than the asking price, further supporting this assessment. The lack of plot size information also affects the overall valuation.

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
6
Condition
6
Location
8
Land
5
Bedrooms
3
Bathrooms
1
Sqft (est)
904.17

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
692,594.22 £
Increased by 36.79 %
from 506,335.20 £
Average area rental value
1,657.00 £/mo
Decreased by 12.28 %
from 1,889.00 £/mo
Est letting value
904.17 £/mo
Unchanged by 0.00 %
from 904.17 £/mo
Est rental Yield
2.52 %
Decreased by 9.35 %
from 2.78 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Churchill Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Wanstead High SchoolCommunity SchoolGood0.18 KM
Nightingale Primary SchoolCommunity SchoolOutstanding1.04 KM
Wanstead Church SchoolVoluntary Aided SchoolOutstanding1.16 KM
Aldersbrook Primary SchoolCommunity SchoolOutstanding1.28 KM
Aldersbrook Children'S CentreChildren's Centre1.28 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Drummond Road £ 1,000,00000.00 KM
Warren Road £ 1,400,00000.00 KM
Corbett Road £ 824,99500.00 KM
Elm Close £ 000.00 KM
Chester Road £ 944,99900.00 KM

Nearby Transport

NameNLCTLCDistance
Wanstead Park7408WNP2.83 KM
Manor Park6883MNP2.89 KM
Woodgrange Park7467WGR3.13 KM
Forest Gate6876FOG3.13 KM
Leytonstone High Road7403LER3.20 KM

Nearby Listings

AddressPriceTypeScoreDistance
Redbridge Lane West £ 1,200,000BUY5 / 100.00 KM
Redbridge Lane West, Wanstead £ 800,000BUY6 / 100.00 KM
Wigram Road, Wanstead £ 650,000BUY6 / 100.08 KM
Rectory Crescent, Wanstead £ 695,000BUYUnknown0.15 KM
Redbridge Lane West, Wanstead £ 800,000BUY8 / 100.16 KM

Nearby Properties

AddressPriceDistance
10 Wigram Road £ 490,0000.09 KM
19 Wigram Road £ 690,0000.09 KM
7a Wigram Road £ 237,5000.09 KM
17 Wigram Road £ 670,0000.09 KM
3 Wigram Road £ 250,0000.09 KM