Martin & Co says ..
MID TERRACE | OFF STREET PARKING | VERY CLOSE TO LONDON CITY AIRPORT | WEST FACING GARDEN | 0.2 MILES TO STATION | LONDON EXCEL CLOSE BY
Property Oracle says ..
This three-bedroom terraced house located on Shipman Road in Custom House, Newham, is listed for £550,000. The property’s proximity to St Joachim’s Catholic Primary School (rated ‘Good’ by Ofsted) could appeal to families. The images reveal a property that is habitable but in need of significant modernisation and updating. The bathroom is particularly dated and appears to require renovation. The kitchen and living areas also demonstrate a need for refreshing and modern updates. The property lacks a substantial garden. While other comparable three-bedroom properties in the area command similar prices, the lack of detailed comparable data on property size makes a thorough price per square foot comparison difficult. The current asking price is influenced by this location, property type and comparable properties but should be considered carefully given the required renovations. Potential buyers should factor in the cost of refurbishment before committing to a purchase. The property’s condition and lack of outdoor space are its significant drawbacks. Transport links and nearby schools are positive aspects but they do not outweigh the property’s present condition and small plot size.
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
- 6
- Condition
- 5
- Location
- 7
- Land
- 2
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 1,065.63
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
- 547,500.00 £Increased by 30.58 %
- Est sale value
- 686,265.72 £Increased by 19.26 %
- Average area rental value
- 1,699.00 £/moDecreased by 9.14 %
- Est letting value
- 2,131.26 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.72 %Decreased by 30.47 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Martin & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Joachim'S Catholic Primary School | Academy Converter | Good | 0.01 KM |
| Royal Docks Academy | Academy Sponsor Led | Good | 0.46 KM |
| Edith Kerrison Nursery School | Local Authority Nursery School | Good | 0.51 KM |
| Edith Kerrison Children'S Centre | Children's Centre | 0.57 KM | |
| Rosetta Primary School | Academy Converter | 0.59 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Chauntler Close | £ 0 | 0 | 0.00 KM |
| Ethel Road | £ 400,000 | 0 | 0.00 KM |
| Jersey Road | £ 0 | 0 | 0.00 KM |
| Sandstone Lane | £ 0 | 0 | 0.00 KM |
| West Ramp | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Charlton | 5144 | CTN | 2.77 KM |
| Westcombe Park | 5151 | WCB | 3.35 KM |
| West Ham | 7474 | WEH | 3.37 KM |
| Woolwich Dockyard | 5153 | WWD | 3.49 KM |
| Forest Gate | 6876 | FOG | 4.26 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Shipman Road, E16, Royal Docks, London, E16 | £ 498,000 | BUY | 6 / 10 | 0.02 KM |
| Shipman Road, Custom House, E16 | £ 535,000 | BUY | 7 / 10 | 0.06 KM |
| Gresham Road, London, E16 | £ 425,000 | BUY | 7 / 10 | 0.06 KM |
| Argyle Road, LONDON, London, E16 | £ 250,000 | BUY | 6 / 10 | 0.10 KM |
| Shipman Road, LONDON, London, E16 | £ 400,000 | BUY | 6 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 49 Shipman Road | £ 79,995 | 0.00 KM |
| 81 Shipman Road | £ 192,000 | 0.00 KM |
| 63 Shipman Road | £ 430,000 | 0.00 KM |
| 69 Shipman Road | £ 230,000 | 0.00 KM |
| 87 Shipman Road | £ 60,000 | 0.00 KM |