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 %
- Est sale value
- 804,663.72 £Increased by 85.45 %
- Average area rental value
- 2,913.00 £/moIncreased by 84.13 %
- Est letting value
- 5,634.90 £/moIncreased by 400.00 %
- Est rental Yield
- 8.67 %Increased by 68.68 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Payne & Co marked this listing as sold.
Payne & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Newbridge School | Academy Special Converter | Outstanding | 0.27 KM |
| Chadwell Childrens Centre Nursery | Children's Centre Linked Site | 0.47 KM | |
| The Constance Bridgeman Centre | Pupil Referral Unit | Good | 0.47 KM |
| Atam Academy | Free Schools | Outstanding | 0.47 KM |
| Grove Primary School | Community School | Outstanding | 0.48 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| South Road | £ 0 | 0 | 0.00 KM |
| Eastern Avenue | £ 0 | 0 | 0.00 KM |
| Third Avenue | £ 0 | 0 | 0.00 KM |
| Barley Lane | £ 200,000 | 0 | 0.00 KM |
| Second Avenue | £ 550,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Goodmayes | 6878 | GMY | 1.38 KM |
| Chadwell Heath | 6874 | CTH | 1.63 KM |
| Seven Kings | 6893 | SVK | 2.58 KM |
| Ilford | 6881 | IFD | 5.56 KM |
| Barking | 7492 | BKG | 5.72 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Glandford Way, Chadwell Heath | £ 234,995 | BUY | 5 / 10 | 0.07 KM |
| Sudbury Court, rm6 4uj | £ 265,000 | BUY | 6 / 10 | 0.07 KM |
| Glandford Way, Romford, RM6 | £ 265,000 | BUY | Unknown | 0.07 KM |
| Glandford Way, Chadwell Heath, Romford, RM6 4US | £ 285,000 | BUY | 7 / 10 | 0.07 KM |
| Joydon Drive, Romford, Essex, RM6 | £ 475,000 | BUY | 6 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 45 Gresham Drive | £ 310,000 | 0.01 KM |
| 67 Gresham Drive | £ 285,000 | 0.01 KM |
| 77 Gresham Drive | £ 460,000 | 0.01 KM |
| 65 Gresham Drive | £ 320,000 | 0.01 KM |
| 73 Gresham Drive | £ 365,000 | 0.01 KM |