Gresham Drive, CHADWELL HEATH, RM6
PA

Gresham Drive, CHADWELL HEATH, RM6

By Payne & Co

£ 500,000

Reviews

3 out of 5 stars

Payne & Co says ..

YOUR NEW HOME!! Guide Price £500,000 - £535,000.  A lovely three bedroom mid terraced house, comprising of a large through reception, newly built kitchen and downstairs shower room. Upstairs you have two double bedrooms, single bedroom and a first floor bathroom/WC. Gresh...

Property Oracle says ..

This three-bedroom, two-bathroom terraced house located on Gresham Drive in Chadwell Heath, RM6 4TP, presents a mixed bag in terms of its market appeal. The property’s condition seems generally good based on the provided photos. A newly fitted kitchen and updated bathroom(s) are clear improvements. However, some interior design choices (such as the contrasting colours in different rooms) might need to be considered by potential buyers. 

The location is reasonable. Chadwell Heath offers access to public transport via the TfL Rail network. There are also multiple local schools with high Ofsted ratings within walking distance. However, Chadwell Heath itself isn’t known as a premium location within Greater London.

The land size isn’t clearly defined. While the property includes a rear garden and potentially off-street parking, the provided photos do not accurately portray this area. More information on the plot size would assist in providing a more accurate evaluation.

The pricing, at £500,000, needs further investigation. The limited data on comparable properties makes it challenging to provide an informed assessment. Whilst some properties on Gresham Drive have sold for similar amounts, there is a significant range in prices for seemingly comparable properties. A full market valuation would be necessary to determine if the asking price represents fair market value. The property’s positive attributes, such as the renovations and nearby amenities, somewhat support the asking price, but more information is crucial for a definitive opinion.

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
3
Bathrooms
2
Sqft (est)
1,126.98

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
403,188.00 £
Increased by 9.21 %
from 369,172.00 £
Est sale value
804,663.72 £
Increased by 85.45 %
from 433,887.30 £
Average area rental value
2,913.00 £/mo
Increased by 84.13 %
from 1,582.00 £/mo
Est letting value
5,634.90 £/mo
Increased by 400.00 %
from 1,126.98 £/mo
Est rental Yield
8.67 %
Increased by 68.68 %
from 5.14 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Payne & Co marked this listing as sold.

  • Payne & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Newbridge SchoolAcademy Special ConverterOutstanding0.27 KM
Chadwell Childrens Centre NurseryChildren's Centre Linked Site0.47 KM
The Constance Bridgeman CentrePupil Referral UnitGood0.47 KM
Atam AcademyFree SchoolsOutstanding0.47 KM
Grove Primary SchoolCommunity SchoolOutstanding0.48 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
South Road £ 000.00 KM
Eastern Avenue £ 000.00 KM
Third Avenue £ 000.00 KM
Barley Lane £ 200,00000.00 KM
Second Avenue £ 550,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Goodmayes6878GMY1.38 KM
Chadwell Heath6874CTH1.63 KM
Seven Kings6893SVK2.58 KM
Ilford6881IFD5.56 KM
Barking7492BKG5.72 KM

Nearby Listings

AddressPriceTypeScoreDistance
Glandford Way, Chadwell Heath £ 234,995BUY5 / 100.07 KM
Sudbury Court, rm6 4uj £ 265,000BUY6 / 100.07 KM
Glandford Way, Romford, RM6 £ 265,000BUYUnknown0.07 KM
Glandford Way, Chadwell Heath, Romford, RM6 4US £ 285,000BUY7 / 100.07 KM
Joydon Drive, Romford, Essex, RM6 £ 475,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
45 Gresham Drive £ 310,0000.01 KM
67 Gresham Drive £ 285,0000.01 KM
77 Gresham Drive £ 460,0000.01 KM
65 Gresham Drive £ 320,0000.01 KM
73 Gresham Drive £ 365,0000.01 KM