East Way, Wanstead
TH

East Way, Wanstead

By The Stow Brothers

£ 725,000

Reviews

4 out of 5 stars

The Stow Brothers says ..

Situated in a sought-after spot just minutes from Wanstead tube, this three-bedroom property has all the makings of a perfect family home, with its excellent layout, recent renovation and proximately to outstanding schools. As well as the ground floor WC and first floor bathroom, there’s a privat...

Property Oracle says ..

Wanstead Village location analysis: The property is located in Wanstead Village, Redbridge, which is known for its attractive and family-friendly atmosphere. The proximity to highly-rated schools such as Nightingale Primary School and Wanstead Church School (both rated Outstanding by Ofsted) is a significant positive. Several transport links are within a reasonable distance, including several London Overground and TfL Rail stations, providing good access to central London and surrounding areas. This contributes to a high location score.

Property condition analysis: The images reveal a property that has undergone a recent and tasteful modernisation. The kitchen and bathrooms are modern and well-maintained, and the rest of the property appears to be in excellent condition. There is no visible evidence of wear and tear or the need for significant repairs or renovations.

Land analysis: The property includes a garden, which is a desirable feature for many buyers, especially families. The size of the plot at 948 sqft is a reasonable size for a terraced property in this area, adding to its appeal.

Price analysis: The list price of £725,000 seems reasonable when considering the average price of £639,975 for the area. The average price per sqft in the area is £675, while this property is listed at approximately £1039 per sqft. While slightly above average, the modern condition and desirable location likely justify this premium. Nearby comparable properties support this assessment, although the lack of sqft data for those properties makes a direct comparison difficult. The higher-priced nearby properties on streets such as Rutland Road and Hereford Road further suggest that the asking price is within the acceptable range for this area and property type.

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
10
Location
9
Land
7
Bedrooms
3
Bathrooms
1
Sqft (est)
697.40
Lot (est)
948.00

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
420,625.00 £
Decreased by 41.98 %
from 724,949.00 £
Est sale value
424,716.60 £
Decreased by 22.02 %
from 544,669.40 £
Average area rental value
1,859.00 £/mo
Decreased by 4.42 %
from 1,945.00 £/mo
Est letting value
1,394.80 £/mo
Unchanged by 0.00 %
from 1,394.80 £/mo
Est rental Yield
5.30 %
Increased by 64.60 %
from 3.22 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • The Stow Brothers marked this listing as sold.

  • The Stow Brothers created the listing.

Nearby Schools

NameTypeOfstedDistance
Nightingale Primary SchoolCommunity SchoolOutstanding0.65 KM
Wanstead Church SchoolVoluntary Aided SchoolOutstanding0.65 KM
Snaresbrook Primary SchoolCommunity SchoolGood0.81 KM
Wanstead Children'S CentreChildren's Centre0.82 KM
Wanstead High SchoolCommunity SchoolGood0.95 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Rutland Road £ 1,412,50000.00 KM
Sultan Road £ 000.00 KM
Esmat Close £ 000.00 KM
Grove Park £ 000.00 KM
Warwick Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Leytonstone High Road7403LER3.10 KM
Wanstead Park7408WNP3.33 KM
Wood Street6954WST3.61 KM
Forest Gate6876FOG3.61 KM
Manor Park6883MNP3.70 KM

Nearby Listings

AddressPriceTypeScoreDistance
East Way, Wanstead £ 725,000BUY8 / 100.00 KM
Nightingale Lane, Wanstead, E11 £ 220,000BUY5 / 100.06 KM
Leicester Road, Wanstead £ 1,100,000BUY7 / 100.08 KM
Nightingale Court, Wanstead £ 425,000BUY6 / 100.08 KM
Nightingale Lane, Wanstead £ 215,000BUY5 / 100.08 KM

Nearby Properties

AddressPriceDistance
3 East Way £ 305,0000.00 KM
12 East Way £ 249,5000.00 KM
9 East Way £ 570,0000.00 KM
5 East Way £ 322,5000.00 KM
6 East Way £ 349,9950.00 KM