Rainhill Way, London, E3 3YW
KE

Rainhill Way, London, E3 3YW

By KEAZE LIMITED

£ 92,500

Reviews

3 out of 5 stars

KEAZE LIMITED says ..

A 1st floor, one-bedroom flat with a separate living-room with open plan kitchen, storage room, and bathroom forming part of a modern development constructed in 2021. Additionally the property benefits from a private balcony.

Property Oracle says ..

The property is a 1-bedroom flat located in Rainhill Way, London, E3 3YW. It has a total area of 565.88 sqft and a plot size of 553.00 sqft. The list price is £92,500.

The property appears to be in excellent condition based on the provided images. The interior is modern and well-maintained, with a contemporary kitchen and bathroom. The flat benefits from a balcony, offering some outdoor space.

The location is good, with several outstandingly rated schools within a short distance. Public transport links are also readily available, with several stations within a reasonable distance.

Considering the average price per sqft in the area is £689, and this property is listed at a significantly lower price, the list price of £92,500 appears exceptionally low. However, it’s important to note that the average price and sqft data may not accurately reflect the price of a 1-bedroom flat specifically, and further investigation into comparable properties is needed to fully assess the price’s reasonableness. The small size of the property may also contribute to its lower price compared to the area average.

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
3
Condition
10
Location
8
Land
3
Bedrooms
1
Bathrooms
1
Sqft (est)
565.88
Lot (est)
553.00

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
374,250.00 £
Decreased by 7.52 %
from 404,663.00 £
Est sale value
357,636.16 £
Increased by 12.06 %
from 319,156.32 £
Average area rental value
2,248.00 £/mo
Increased by 6.84 %
from 2,104.00 £/mo
Est letting value
1,697.64 £/mo
Increased by 50.00 %
from 1,131.76 £/mo
Est rental Yield
7.21 %
Increased by 15.54 %
from 6.24 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • KEAZE LIMITED created the listing.

Nearby Schools

NameTypeOfstedDistance
Childrens House Nursery SchoolLocal Authority Nursery SchoolOutstanding0.21 KM
Ian Mikardo SchoolAcademy Special Converter0.37 KM
St Agnes Rc Primary SchoolVoluntary Aided SchoolOutstanding0.40 KM
Old Palace Primary SchoolCommunity SchoolOutstanding0.41 KM
Marner Primary SchoolCommunity SchoolGood0.49 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Tibbatt's Road £ 000.00 KM
Stephenson Close £ 000.00 KM
Grant Square £ 000.00 KM
Brickfield Road £ 000.00 KM
Bow Enterprise Park £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Hackney Wick6978HKW2.28 KM
Stratford International7222SFA2.39 KM
Stratford6969SRA2.39 KM
West Ham7474WEH2.45 KM
Limehouse7491LHS2.92 KM

Nearby Listings

AddressPriceTypeScoreDistance
Rainhill Way, London, E3 3YW £ 92,500BUY6 / 100.00 KM
Rainhill Way, Bow, E3 £ 650,000BUY6 / 100.01 KM
Devons Road, London, E3 £ 350,000BUY4 / 100.10 KM
Ivy Point, Hannaford Walk, St. Andrew's, Bromley-By-Bow, London, E3 £ 399,950BUYUnknown0.12 KM
Talwin Street, London, E3 £ 350,000BUY6 / 100.13 KM

Nearby Properties

AddressPriceDistance
204 Bruce Road £ 247,0000.14 KM
170 Bruce Road £ 375,0000.14 KM
174 Bruce Road £ 330,0000.14 KM
140 Bruce Road £ 201,6000.14 KM
114 Bruce Road £ 330,0000.14 KM