Forest Lane, London
DA

Forest Lane, London

By David Daniels

£ 340,000

Reviews

3 out of 5 stars

David Daniels says ..

This well-presented two-bedroom apartment offers a delightful living experience on the seventh floor. The property boasts two spacious double bedrooms. The open-plan lounge and kitchen create a modern and inviting atmosphere, seamlessly extending to a charming balcony where one can enjoy the skyl...

Property Oracle says ..

The property is a 2-bedroom apartment located in Forest Gate North, Newham, London. The apartment is in a modern building and benefits from a balcony offering views of the surrounding area. The interior is modern and well-presented. The kitchen is functional and includes integrated appliances. The bathroom is clean and modern. The location is convenient, with several transportation options nearby including Maryland TfL Rail station, which is within a short walking distance. There are also several schools within a reasonable distance, though their Ofsted ratings are not all high. The area appears to be a mix of residential and commercial properties. Based on the images, the property appears to be in good condition and does not require any major renovations. The apartment is modern in style and well-maintained. The plot size is 0.00 sqft, indicating that there is no private garden. However, the building appears to have a communal rooftop area with some planting. Considering the list price of £340,000, the average price in the area is significantly higher at £583,600. However, the average size of properties in the area is considerably larger at 1,117 sqft compared to this property’s 587.82 sqft. The average price per sqft in the area is £522, while this property’s price per sqft is approximately £580. Given the smaller size and the lower average price per sqft in the area, the list price of £340,000 could be considered reasonable, although it is higher than some comparable properties listed nearby. However, the modern condition and convenient location may justify the slightly higher price per sqft.

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
9
Location
8
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
587.82

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
733,333.00 £
Increased by 49.34 %
from 491,063.00 £
Est sale value
303,902.94 £
Decreased by 4.08 %
from 316,834.98 £
Average area rental value
1,836.00 £/mo
Decreased by 10.92 %
from 2,061.00 £/mo
Est letting value
587.82 £/mo
Decreased by 50.00 %
from 1,175.64 £/mo
Est rental Yield
3.00 %
Decreased by 40.48 %
from 5.04 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • David Daniels created the listing.

Nearby Schools

NameTypeOfstedDistance
St Francis' Catholic Primary SchoolAcademy Converter0.16 KM
Sarah Bonnell SchoolAcademy Converter0.38 KM
Maryland Primary SchoolCommunity SchoolGood0.39 KM
Hafs AcademyOther Independent SchoolInadequate0.42 KM
Maryland Childrens CentreChildren's Centre0.54 KM

Images

Exterior Open Plan Lounge/Kitchen: Open Plan Lounge/Kitchen: Open Plan Lounge/Kitchen: Open Plan Lounge/Kitchen: Open Plan Lounge/Kitchen: Balcony: Balcony View: Main Bedoom: Bedroom Two: Bedroom Two: Bathroom: Communal Terrace:

Nearby Streets

NameAverage PriceAverage SqftDistance
Leytonstone Road £ 000.00 KM
Water Lane £ 500,00000.00 KM
Coopers Walk £ 000.00 KM
Louise Road £ 399,99500.00 KM
Canons Court £ 475,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Maryland6970MYL0.10 KM
Stratford6969SRA1.22 KM
Stratford International7222SFA1.71 KM
Leytonstone High Road7403LER1.89 KM
Forest Gate6876FOG1.99 KM

Nearby Listings

AddressPriceTypeScoreDistance
1 Forest Lane, London £ 265,000BUY5 / 100.00 KM
Forest Lane, London £ 340,000BUY6 / 100.00 KM
Forest Lane, London £ 360,000BUY5 / 100.01 KM
Forest Lane Stratford £ 279,995BUY5 / 100.02 KM
Forest Lane, London £ 340,000BUY7 / 100.03 KM

Nearby Properties

AddressPriceDistance
12 Leytonstone Road £ 495,0000.04 KM
1 Maryland Park £ 47,0000.10 KM
11 Maryland Park £ 160,0000.10 KM
17 Maryland Park £ 185,0000.10 KM
21 Maryland Park £ 530,0000.10 KM