31 Lock Side Way, London, E16
PU

31 Lock Side Way, London, E16

By Purplebricks

£ 500,000

Reviews

3 out of 5 stars

Purplebricks says ..

This beautifully presented 2-bedroom apartment is a true gem, combining style, space, and modern convenience. Impeccably maintained, the property features a spacious open-plan kitchen and living area, perfect for entertaining or unwinding. The "living room" has a temporary wall to separate from ...

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom apartment with a total area of 893.62 sqft and a plot size of 867.57 sqft. The list price is £500,000. The average price for similar properties in the area is £410,490, with an average price per sqft of £518. This apartment is slightly above average in size (893.62 sqft vs 792 sqft average). The location in Beckton, Newham, benefits from relatively close proximity to several Southeastern train stations (Woolwich Arsenal, Plumstead, Woolwich Dockyard) and c2c station (Barking), offering convenient transport links. There are also several schools within a reasonable distance, including Heronsgate Primary School which has an ‘Outstanding’ Ofsted rating. However, the immediate surroundings appear to be a modern residential development, lacking the vibrancy of a more established high street. The images suggest the apartment is in good condition, with a modern, well-maintained interior. The kitchen and bathrooms appear recently updated and clean. The property includes a private outdoor patio area, which is a desirable feature. Considering the property’s modern condition, the inclusion of a private outdoor space, and its location with access to transport links and schools, the £500,000 list price appears to be at the higher end of the market value, but potentially justifiable given the desirable features. However, the lack of detailed information on comparable properties in the immediate vicinity makes a definitive statement on price difficult.

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
7
Land
7
Bedrooms
2
Bathrooms
2
Sqft (est)
893.62
Lot (est)
867.57

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
337,750.00 £
Decreased by 9.08 %
from 371,474.00 £
Est sale value
646,087.26 £
Increased by 48.16 %
from 436,086.56 £
Average area rental value
1,661.00 £/mo
Decreased by 18.06 %
from 2,027.00 £/mo
Est letting value
2,680.86 £/mo
Increased by 50.00 %
from 1,787.24 £/mo
Est rental Yield
5.90 %
Decreased by 9.92 %
from 6.55 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Purplebricks created the listing.

Nearby Schools

NameTypeOfstedDistance
Gallions Primary SchoolAcademy Converter1.19 KM
London Design And Engineering UtcUniversity Technical CollegeRequires improvement1.21 KM
University Of East LondonHigher Education Institutions1.34 KM
New DirectionsPupil Referral UnitGood1.41 KM
Heronsgate Primary SchoolCommunity SchoolOutstanding1.44 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Lower Dock Walk £ 000.00 KM
Carrack Mews £ 000.00 KM
Atlantis Avenue £ 299,99900.00 KM
Carrack Mews £ 000.00 KM
Royal Quay Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Woolwich Arsenal5152WWA1.92 KM
Plumstead5208PLU1.93 KM
Woolwich Dockyard5153WWD2.91 KM
Barking7492BKG3.82 KM
Falconwood5137FCN5.16 KM

Nearby Listings

AddressPriceTypeScoreDistance
31 Lock Side Way, London, E16 £ 500,000BUY7 / 100.00 KM
Baillie Apartments, Lock Side Way, London, E16 £ 325,000BUY6 / 100.01 KM
Baillie Apartments, Lock Side Way, London, E16 £ 500,000BUYUnknown0.01 KM
Hamme Building, Gallions Reach, London, E16 £ 475,000BUY5 / 100.05 KM
Shackleton Way, Gallions Reach, London, E16 £ 460,000BUY6 / 100.06 KM

Nearby Properties

AddressPriceDistance
25 Lock Side Way £ 540,0000.07 KM
65 Fishguard Way £ 158,0000.59 KM
71 Fishguard Way £ 212,8500.59 KM
33 Fishguard Way £ 159,0000.59 KM
29 Fishguard Way £ 178,0000.59 KM