Norfolk Street, Forest Gate, London, E7
By Foxtons
£ 290,000
Reviews
1 out of 5 stars
Foxtons says ..
A traditional 2-bedroom flat featuring a separate kitchen, one bathroom, and generously sized interiors throughout. In need of full refurbishment, this property presents an excellent investment opportunity.
Property Oracle says ..
This property is a 2-bedroom flat located on Norfolk Street in Forest Gate, London. The listing price is £290,000, significantly below the average price of £583,600 for the area. However, it is important to note that the property is in need of significant renovation. The flat is 759 sqft, smaller than the average size of 1,117 sqft in the area. While the location benefits from proximity to Forest Gate station (TfL Rail) and several well-regarded schools, the property’s condition heavily impacts its overall value. Nearby comparable properties show a wide range of prices, suggesting a degree of variability in the market. The lack of plot size is a factor to consider.
Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 2
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 759.00
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
- 733,333.00 £Increased by 49.34 %
- Est sale value
- 392,403.00 £Decreased by 4.08 %
- Average area rental value
- 1,836.00 £/moDecreased by 10.92 %
- Est letting value
- 759.00 £/moDecreased by 50.00 %
- Est rental Yield
- 3.00 %Decreased by 40.48 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Foxtons created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Forest Gate Community School | Academy Converter | 0.26 KM | |
| Odessa Infant School | Community School | Good | 0.29 KM |
| St James' Cofe Junior School | Voluntary Controlled School | Good | 0.36 KM |
| Azhar Academy Girls School | Other Independent School | Good | 0.52 KM |
| Earlham Primary School | Academy Converter | Good | 0.57 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Eric Road | £ 0 | 0 | 0.00 KM |
| Adams Walk | £ 122,500 | 0 | 0.00 KM |
| Neagle Lane | £ 0 | 0 | 0.00 KM |
| Albert Court | £ 0 | 0 | 0.00 KM |
| Arthur Horsley Walk | £ 517,488 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Forest Gate | 6876 | FOG | 0.39 KM |
| Wanstead Park | 7408 | WNP | 0.59 KM |
| Maryland | 6970 | MYL | 1.75 KM |
| Leytonstone High Road | 7403 | LER | 2.01 KM |
| Woodgrange Park | 7467 | WGR | 2.59 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Essex Street, London, E7 | £ 350,000 | BUY | 6 / 10 | 0.04 KM |
| Suffolk Street, Forest Gate | £ 550,000 | BUY | 8 / 10 | 0.06 KM |
| Forest Street, Forest Gate, E7 | £ 600,000 | BUY | Unknown | 0.09 KM |
| Forest Street, Forest Gate | £ 625,000 | BUY | 6 / 10 | 0.09 KM |
| Field Road, London, E7 | £ 500,000 | BUY | 6 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1 Norfolk Street | £ 59,995 | 0.02 KM |
| 27 Norfolk Street | £ 222,500 | 0.02 KM |
| 16 Norfolk Street | £ 505,000 | 0.02 KM |
| 9a Norfolk Street | £ 175,000 | 0.02 KM |
| 12 Norfolk Street | £ 511,000 | 0.02 KM |