Barking Road, London, E16
RE

Barking Road, London, E16

By Reeds Rains

£ 325,000

Reviews

2 out of 5 stars

Reeds Rains says ..

This two-bedroom flat, offers a prime investment opportunity or a perfect start for first-time buyers, with its spacious layout, natural light, and a convenient urban location near amenities and green spaces.

Property Oracle says ..

This property is a 2-bedroom apartment located in Canning Town North, Newham, London. The apartment is situated in a convenient location with nearby transportation links, including West Ham Underground station (1.39km) and several other stations within a 3-4km radius. There are also several primary schools within a 1km radius, making it a potentially attractive option for families. The property itself appears to be in reasonably good condition, although some minor cosmetic updates might enhance its appeal. The kitchen and bathroom seem functional but could benefit from some modernisation. The listing price of £325,000 is slightly below the average price for the area (£443,091), but given the smaller size (635 sqft compared to the average of 994 sqft) and lack of outdoor space, the price seems relatively reasonable. Nearby comparable properties range from £275,000 to £350,000, further supporting the listed price. However, the absence of plot size data prevents a thorough assessment of land value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
8
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
635.07

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
489,999.00 £
Increased by 8.85 %
from 450,142.00 £
Est sale value
412,160.43 £
Increased by 58.68 %
from 259,743.63 £
Average area rental value
2,040.00 £/mo
Increased by 3.76 %
from 1,966.00 £/mo
Est letting value
1,270.14 £/mo
Increased by 100.00 %
from 635.07 £/mo
Est rental Yield
5.00 %
Decreased by 4.58 %
from 5.24 %
Crime Rate
18.00 %
Unchanged by 0.00 %
from 18.00 %

Agent Activity

  • Reeds Rains created the listing.

Nearby Schools

NameTypeOfstedDistance
Star Primary SchoolCommunity SchoolGood0.58 KM
St Luke'S Primary SchoolVoluntary Aided SchoolGood0.63 KM
Learningsure CollegeOther Independent School0.70 KM
Eastlea Community SchoolAcademy Sponsor Led0.73 KM
Rokeby SchoolAcademy Converter0.78 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Malmesbury Road £ 270,00000.00 KM
Iron Square £ 589,55900.00 KM
Liverpool Road £ 000.00 KM
Town Place £ 000.00 KM
Avondale Road £ 375,00000.00 KM

Nearby Transport

NameNLCTLCDistance
West Ham7474WEH1.39 KM
Stratford6969SRA3.14 KM
Maryland6970MYL3.31 KM
Stratford International7222SFA3.72 KM
Westcombe Park5151WCB3.74 KM

Nearby Listings

AddressPriceTypeScoreDistance
Barking Road, London, E16 £ 325,000BUY5 / 100.00 KM
Barking Road, London, E16 £ 299,000BUY5 / 100.01 KM
Oratory Apartments, Canning Town, London, E16 £ 375,000BUY6 / 100.01 KM
Dick Turpin House, Canning Town, E16 £ 325,000BUY6 / 100.02 KM
Barking Road, London £ 350,000BUY5 / 100.02 KM

Nearby Properties

AddressPriceDistance
10 Oak Crescent £ 320,0000.03 KM
4a Oak Crescent £ 210,0000.03 KM
19 Gage Road £ 230,0000.15 KM
18 Gage Road £ 241,5000.15 KM
10 Gage Road £ 240,0000.15 KM