Victory Parade, Woolwich, SE18
BE

Victory Parade, Woolwich, SE18

By Benham & Reeves

£ 335,000

Reviews

3 out of 5 stars

Benham & Reeves says ..

A fabulous one bed Manhattan located in Duncombe House, Royal Arsenal Riverside. Situated on the 3rd floor and spanning an approximate 440 square feet. Woolwich Overground, DLR and Crossrail services are on-site

Property Oracle says ..

The property is a one-bedroom apartment located in Duncombe House, Royal Arsenal Riverside, Victory Parade, Woolwich, SE18 7HR. The apartment is approximately 440 square feet. The listing price is £335,000.

The apartment appears to be in good condition based on the provided photos. The bathroom and kitchen are modern and well-maintained. The living area and bedroom are also presented well. There is no evidence of significant repairs or renovations needed.

The property does not appear to include a garden or any significant outdoor space. The photos show a small balcony overlooking a courtyard.

Considering the average price of properties in the area (£433,388) and the average price per square foot (£551), the listing price of £335,000 for this 440 sq ft apartment seems relatively reasonable, especially considering its modern condition and convenient location. The apartment is smaller than the average property size in the area, which justifies the lower price. However, comparable properties in the same development are listed at similar or slightly higher prices, suggesting the listed price is competitive within the local market. The proximity to Woolwich Arsenal station, offering access to various transport links, further supports the property’s value. The presence of nearby schools and amenities also enhances its desirability.

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
7
Condition
8
Location
8
Land
3
Bedrooms
0
Bathrooms
1
Sqft (est)
440.24

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
430,413.00 £
Increased by 9.68 %
from 392,431.00 £
Est sale value
261,502.56 £
Increased by 36.87 %
from 191,064.16 £
Average area rental value
1,340.00 £/mo
Decreased by 32.05 %
from 1,972.00 £/mo
Est letting value
440.24 £/mo
Decreased by 50.00 %
from 880.48 £/mo
Est rental Yield
3.74 %
Decreased by 37.98 %
from 6.03 %
Crime Rate
26.00 %
Unchanged by 0.00 %
from 26.00 %

Agent Activity

  • Benham & Reeves created the listing.

Nearby Schools

NameTypeOfstedDistance
Right Choice Independent Special SchoolOther Independent SchoolGood0.36 KM
Foxfield Primary SchoolAcademy ConverterOutstanding0.58 KM
St Peter'S Catholic Primary SchoolVoluntary Aided SchoolOutstanding0.60 KM
Pulse And Water CollegeOther Independent SchoolGood0.68 KM
Greenwich Engineering And Medical SchoolOther Independent School0.75 KM

Images

Picture No. 35 Picture No. 10 Picture No. 22 Picture No. 21 Picture No. 30 Picture No. 33 Picture No. 11 Picture No. 06 Picture No. 14 Picture No. 23 Picture No. 29 Picture No. 19 Picture No. 34 Picture No. 31 Picture No. 07 Picture No. 09 Picture No. 05 Picture No. 08 Picture No. 13 Picture No. 12

Nearby Streets

NameAverage PriceAverage SqftDistance
Cartridge Place £ 322,50000.00 KM
No. 1 Street £ 000.00 KM
General Gordon Place £ 429,50000.00 KM
Richmond Place £ 000.00 KM
Thomas Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Woolwich Arsenal5152WWA0.35 KM
Plumstead5208PLU1.37 KM
Woolwich Dockyard5153WWD1.92 KM
Falconwood5137FCN3.68 KM
Welling5128WLI4.42 KM

Nearby Listings

AddressPriceTypeScoreDistance
Victory Parade, Woolwich, SE18 £ 335,000BUY6 / 100.00 KM
Drummond House, 11 Victory Parade, Woolwich, London £ 350,000BUYUnknown0.01 KM
Drummond House, 11 Victory Parade, Woolwich, SE18 6FW £ 500,000BUY6 / 100.01 KM
Drummond House, Victory Parade, London SE18 6FW £ 350,000BUYUnknown0.01 KM
Drummond House, Victory Parade, Woolwich, SE18 £ 525,000BUY7 / 100.01 KM

Nearby Properties

AddressPriceDistance
14 Spray Street £ 276,5000.20 KM
12a Spray Street £ 142,0000.20 KM
54 Spray Street £ 550,0000.21 KM
12a Beresford Square £ 400,0000.32 KM
82 Jessup Close £ 410,0000.33 KM