Norfolk Street, Forest Gate, London, E7
FO

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 %
from 491,063.00 £
Est sale value
392,403.00 £
Decreased by 4.08 %
from 409,101.00 £
Average area rental value
1,836.00 £/mo
Decreased by 10.92 %
from 2,061.00 £/mo
Est letting value
759.00 £/mo
Decreased by 50.00 %
from 1,518.00 £/mo
Est rental Yield
3.00 %
Decreased by 40.48 %
from 5.04 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Foxtons created the listing.

Nearby Schools

NameTypeOfstedDistance
Forest Gate Community SchoolAcademy Converter0.26 KM
Odessa Infant SchoolCommunity SchoolGood0.29 KM
St James' Cofe Junior SchoolVoluntary Controlled SchoolGood0.36 KM
Azhar Academy Girls SchoolOther Independent SchoolGood0.52 KM
Earlham Primary SchoolAcademy ConverterGood0.57 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Eric Road £ 000.00 KM
Adams Walk £ 122,50000.00 KM
Neagle Lane £ 000.00 KM
Albert Court £ 000.00 KM
Arthur Horsley Walk £ 517,48800.00 KM

Nearby Transport

NameNLCTLCDistance
Forest Gate6876FOG0.39 KM
Wanstead Park7408WNP0.59 KM
Maryland6970MYL1.75 KM
Leytonstone High Road7403LER2.01 KM
Woodgrange Park7467WGR2.59 KM

Nearby Listings

AddressPriceTypeScoreDistance
Essex Street, London, E7 £ 350,000BUY6 / 100.04 KM
Suffolk Street, Forest Gate £ 550,000BUY8 / 100.06 KM
Forest Street, Forest Gate, E7 £ 600,000BUYUnknown0.09 KM
Forest Street, Forest Gate £ 625,000BUY6 / 100.09 KM
Field Road, London, E7 £ 500,000BUY6 / 100.12 KM

Nearby Properties

AddressPriceDistance
1 Norfolk Street £ 59,9950.02 KM
27 Norfolk Street £ 222,5000.02 KM
16 Norfolk Street £ 505,0000.02 KM
9a Norfolk Street £ 175,0000.02 KM
12 Norfolk Street £ 511,0000.02 KM