Essex Street, London, E7
WO

Essex Street, London, E7

By Woodland

£ 350,000

Reviews

3 out of 5 stars

Woodland says ..

GREAT FIRST TIME PURCHASE - sought-after location of Essex Street, this property offers spacious rooms, close proximity to local schools and amenities, and a garden - STATION LOCATION - enjoy the convenience of nearby supermarkets, public transport and dining options.

Property Oracle says ..

This property is a 2-bedroom flat located in Forest Gate North, Newham, a district in East London. The area benefits from relatively good transport links, with Forest Gate station (TfL Rail) being only 0.35km away, offering convenient access to central London. Several other Overground and Rail stations are within a reasonable distance. The proximity to several schools, some with good Ofsted ratings, is also a positive aspect for families.

Based on the images provided, the property appears to be in fair condition. While not needing immediate major renovations, some cosmetic improvements and modernisation would enhance its overall appeal and market value. The kitchen, in particular, shows signs of wear and tear and could benefit from an upgrade. The garden is small but present, offering some outdoor space.

Considering the average house price in the area is significantly higher (around £583,600) than the listed price of £350,000, this property presents itself as potentially good value for money, especially given the lower average price of nearby properties on Essex Street. However, the lack of square footage information for this property prevents a precise price-per-square-foot comparison. The lower price may be justified by the property’s condition and smaller size compared to other properties in the area.

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
6
Location
7
Land
4
Bedrooms
2
Bathrooms
1

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 £
Average area rental value
1,836.00 £/mo
Decreased by 10.92 %
from 2,061.00 £/mo
Est rental Yield
3.00 %
Decreased by 40.48 %
from 5.04 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Woodland created the listing.

Nearby Schools

NameTypeOfstedDistance
Forest Gate Community SchoolAcademy Converter0.22 KM
Odessa Infant SchoolCommunity SchoolGood0.32 KM
St James' Cofe Junior SchoolVoluntary Controlled SchoolGood0.39 KM
Azhar Academy Girls SchoolOther Independent SchoolGood0.52 KM
Kay Rowe Nursery SchoolLocal Authority Nursery SchoolOutstanding0.58 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 Gate6876FOG0.35 KM
Wanstead Park7408WNP0.55 KM
Maryland6970MYL1.79 KM
Leytonstone High Road7403LER2.04 KM
Woodgrange Park7467WGR2.55 KM

Nearby Listings

AddressPriceTypeScoreDistance
Essex Street, London, E7 £ 350,000BUY6 / 100.00 KM
Forest Street, Forest Gate, E7 £ 600,000BUYUnknown0.06 KM
Forest Street, Forest Gate £ 625,000BUY6 / 100.06 KM
Suffolk Street, Forest Gate £ 550,000BUY8 / 100.09 KM
Field Road, London, E7 £ 500,000BUY6 / 100.13 KM

Nearby Properties

AddressPriceDistance
41 Essex Street £ 205,0000.01 KM
55 Essex Street £ 270,0000.01 KM
30 Essex Street £ 440,0000.01 KM
17 Essex Street £ 375,0000.01 KM
51 Essex Street £ 450,0000.01 KM