Stratosphere Tower, 55 Great Eastern Road, London, E15
EG

Stratosphere Tower, 55 Great Eastern Road, London, E15

By EGRE

£ 475,000

Reviews

3 out of 5 stars

EGRE says ..

1 Bedroom Apartment | 12th Floor | 565 Sqft | Spectacular Views | 24 Hour Concierge | Gym | Resident Roof Terrace | Mins walk to Stratford Station

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom flat located in Stratford, Newham, with excellent transport links. The flat is modern and well-maintained, as seen in the provided images. While the plot size is relatively small for a flat, the building offers amenities such as a gym and rooftop terrace, adding value. The list price of £475,000 is slightly above the average price for the area (£450,271), but considering the modern condition, amenities, and convenient location, it could be considered reasonable. Nearby comparable properties show prices ranging from £329,950 to £625,000, indicating some price variation in the area. The average price per square foot in the area is £645, while this property is listed at approximately £1045 per sqft. This suggests a premium is being paid for the modern condition and amenities.

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
1
Bathrooms
1
Sqft (est)
453.24
Lot (est)
565.00

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
414,997.00 £
Decreased by 30.96 %
from 601,087.00 £
Est sale value
306,390.24 £
Decreased by 10.46 %
from 342,196.20 £
Average area rental value
2,643.00 £/mo
Decreased by 19.49 %
from 3,283.00 £/mo
Est letting value
1,812.96 £/mo
Unchanged by 0.00 %
from 1,812.96 £/mo
Est rental Yield
7.64 %
Increased by 16.64 %
from 6.55 %
Crime Rate
19.00 %
Unchanged by 0.00 %
from 19.00 %

Agent Activity

  • EGRE created the listing.

Nearby Schools

NameTypeOfstedDistance
London Academy Of ExcellenceFree Schools 16 To 19Outstanding0.14 KM
Stratford CircusMiscellaneous0.39 KM
John F Kennedy Special SchoolAcademy Special ConverterOutstanding0.40 KM
School 21Free SchoolsOutstanding0.54 KM
Carpenters Primary SchoolCommunity SchoolGood0.71 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Service Route No 1 £ 475,00000.00 KM
Burtons Court £ 000.00 KM
Chant Street £ 000.00 KM
Chant Square £ 000.00 KM
Service Route No 2 £ 420,55600.00 KM

Nearby Transport

NameNLCTLCDistance
Stratford6969SRA0.37 KM
Maryland6970MYL0.96 KM
Stratford International7222SFA1.05 KM
West Ham7474WEH1.46 KM
Hackney Wick6978HKW2.72 KM

Nearby Listings

AddressPriceTypeScoreDistance
Stratosphere Tower, 55 Great Eastern Road, London, E15 £ 475,000BUY7 / 100.00 KM
Stratosphere Tower, 55 Great Eastern Road, E15 £ 450,000BUY6 / 100.01 KM
Stratosphere Tower, 55 Great Eastern Road, Stratford, London, E15 £ 600,000BUY6 / 100.01 KM
Great Eastern Road, Stratford, London, E15 £ 465,000BUYUnknown0.01 KM
55 Great Eastern Road, Stratford, London, E15 £ 620,000BUY6 / 100.01 KM

Nearby Properties

AddressPriceDistance
26 Gerry Raffles Square £ 123,9950.27 KM
39 Gerry Raffles Square £ 115,9950.27 KM
15 Gerry Raffles Square £ 130,0000.27 KM
134 Gerry Raffles Square £ 295,0000.27 KM
119 Gerry Raffles Square £ 415,0000.27 KM