Merchants House, Forrester Way, London, E15
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Merchants House, Forrester Way, London, E15

By JLL

£ 715,000

Reviews

3 out of 5 stars

JLL says ..

Immaculate and ultra modern three double bedroom two bathroom apartment situated on the 2nd floor within New Garden Quarter E15, a beautifully landscaped and secure development walking distance to Stratford Underground Station.

Property Oracle says ..

Merchants House is a three-bedroom, two-bathroom apartment located in the Stratford And New Town area of Newham, London. The property benefits from being close to Stratford station, providing easy access to central London and beyond via rail and underground connections. There are also several highly-rated schools within a short distance, including Harris Academy Chobham and Colegrave Primary School. The apartment itself appears modern and well-maintained, based on the provided images. It features a spacious open-plan living area, a modern kitchen, and three well-sized bedrooms. The presence of a balcony adds to the appeal. While the plot size is listed as 0.00 sqft, the surrounding development shows communal green spaces, which could be considered a positive aspect. The list price of £715,000 is higher than the average price for the area (£450,271), but the larger size (1,053.79 sqft) and modern condition may justify this. Nearby comparable properties support this assertion, with prices ranging from £450,000 to £750,000. However, a detailed comparison with similar properties in terms of size and features would be needed to definitively assess the value.

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
7
Condition
9
Location
9
Land
3
Bedrooms
3
Bathrooms
2
Sqft (est)
1,053.79

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
414,997.00 £
Decreased by 30.96 %
from 601,087.00 £
Est sale value
712,362.04 £
Decreased by 10.46 %
from 795,611.45 £
Average area rental value
2,643.00 £/mo
Decreased by 19.49 %
from 3,283.00 £/mo
Est letting value
4,215.16 £/mo
Unchanged by 0.00 %
from 4,215.16 £/mo
Est rental Yield
7.64 %
Increased by 16.64 %
from 6.55 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • JLL created the listing.

Nearby Schools

NameTypeOfstedDistance
Ronald Openshaw Nursery SchoolLocal Authority Nursery SchoolGood0.39 KM
Harris Academy ChobhamAcademy Sponsor LedOutstanding0.55 KM
Colegrave Primary SchoolCommunity SchoolOutstanding0.56 KM
Stratford CircusMiscellaneous0.58 KM
Hafs AcademyOther Independent SchoolInadequate0.71 KM

Images

1_Exterior_1 GYM 2ND PIC Concierge 2nd pic TOH220019_15

Nearby Streets

NameAverage PriceAverage SqftDistance
Penny Brookes Street £ 750,00000.00 KM
Warren Gardens £ 525,00000.00 KM
Waddington Road £ 000.00 KM
Temple Mills Lane £ 000.00 KM
Service Route No 2 £ 420,55600.00 KM

Nearby Transport

NameNLCTLCDistance
Stratford6969SRA0.45 KM
Stratford International7222SFA0.66 KM
Maryland6970MYL0.96 KM
West Ham7474WEH2.15 KM
Leytonstone High Road7403LER2.33 KM

Nearby Listings

AddressPriceTypeScoreDistance
Avenir House, Forrester Way, London, E15 £ 775,000BUYUnknown0.00 KM
Waterman House £ 750,000BUY5 / 100.00 KM
Forrester Way, London E15 £ 745,000BUYUnknown0.00 KM
Waterman House, Forrester Way, London, E15 £ 485,000BUY8 / 100.00 KM
Avenir House, Forrester Way, London E15 £ 875,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
7 Simons Walk £ 110,0000.27 KM
36 Simons Walk £ 200,0000.27 KM
10 Simons Walk £ 200,0000.27 KM
40 Simons Walk £ 194,0000.27 KM
3 Simons Walk £ 118,0000.27 KM