New Road, Chingford
TH

New Road, Chingford

By The Stow Brothers

£ 550,000

Reviews

3 out of 5 stars

The Stow Brothers says ..

This charming 1920s three-bedroom home offers an exciting opportunity for buyers to create their dream living space. With no onward chain, it’s brimming with potential. While the property requires some attention, its generous layout invites you to reimagine and personalise every corner. The gener...

Property Oracle says ..

This three-bedroom terraced house located on New Road in Chingford, Waltham Forest, presents a mixed opportunity for potential buyers. The property is situated in the Larkswood area, which offers relatively convenient access to well-regarded schools and is reasonably well-served by public transport links. However, the travel distance to the nearest railway stations is moderate, possibly requiring car use or a reasonable commute.

The property’s condition is a key consideration. While the kitchen appears recently renovated, the remaining rooms show obvious signs of needing complete refurbishment. The existing carpets, décor and fixtures are dated and would require substantial updating. The bathroom appears reasonably modern, which offsets the need for significant interior work to some degree. However, the overall impression is one of a property requiring a major investment in modernization to reach a desirable standard.

The property boasts a garden, a valuable asset for a terraced property in London. However, the garden appears to need attention, and its size is not expressly stated; therefore a precise valuation based upon the garden’s area is not possible.

The list price of £550,000 requires careful consideration within the context of the local market. Comparable property data is limited, with many records lacking square footage details, and this makes comparison difficult. Some neighbouring streets exhibit considerably higher average property prices. Taking everything into consideration, the £550,000 figure does not seem to be significantly over- or undervalued. But, a complete refurbishment of the interiors may be required, and the total refurbishment cost must be included in a potential buyer’s assessment before making a final decision.

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
4
Location
7
Land
6
Bedrooms
3
Bathrooms
1
Sqft (est)
1,080.00

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
466,250.00 £
Decreased by 4.61 %
from 488,778.00 £
Est sale value
853,200.00 £
Increased by 30.36 %
from 654,480.00 £
Average area rental value
2,019.00 £/mo
Increased by 3.70 %
from 1,947.00 £/mo
Est letting value
3,240.00 £/mo
Increased by 50.00 %
from 2,160.00 £/mo
Est rental Yield
5.20 %
Increased by 8.79 %
from 4.78 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • The Stow Brothers created the listing.

Nearby Schools

NameTypeOfstedDistance
Lime Academy LarkswoodAcademy ConverterGood0.32 KM
Ainslie Wood Primary SchoolCommunity SchoolGood0.71 KM
Parkside Children'S Centre (Prev:The Ridgeway Park Children Centre)Children's Centre Linked Site0.81 KM
Parkside Primary SchoolCommunity SchoolGood0.93 KM
Chase Lane Primary SchoolCommunity SchoolGood1.02 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Salisbury Road £ 440,00000.00 KM
Albert Avenue £ 571,66700.00 KM
Albert Crescent £ 240,00000.00 KM
Windsor Road £ 500,00000.00 KM
Acorn Close £ 383,85700.00 KM

Nearby Transport

NameNLCTLCDistance
Highams Park6919HIP1.85 KM
Chingford6914CHI3.26 KM
Wood Street6954WST3.62 KM
Ponders End6819PON3.62 KM
Angel Road6909AGR3.81 KM

Nearby Listings

AddressPriceTypeScoreDistance
New Road, Chingford £ 550,000BUY6 / 100.00 KM
Normanshire Drive, London £ 700,000BUY7 / 100.10 KM
Brook Crescent, Chingford £ 575,000BUY6 / 100.17 KM
Brook Crescent, Chingford, London £ 500,000BUY7 / 100.18 KM
Larkswood Road, Chingford £ 550,000BUYUnknown0.19 KM

Nearby Properties

AddressPriceDistance
37 New Road £ 375,0000.02 KM
27 New Road £ 352,0000.02 KM
33 New Road £ 187,8700.02 KM
53 New Road £ 520,0000.02 KM
25 New Road £ 353,5000.02 KM