28 says ..
Positioned on the desirable Monega Road, London E7, this three-bedroom terraced house nearly 1150 sqft of well-appointed living space within a highly sought-after residential locale. The property offers significant potential, being in need of refurbishment, thus providing a wonderful opportunit...
Property Oracle says ..
This three-bedroom terraced house on Monega Road, E7 is located in the Green Street East area of Newham, East London. The property benefits from being close to several primary schools, including Sandringham Primary School (Outstanding Ofsted rating) and William Davies Primary School (Good Ofsted rating), both within a kilometer. Transport links are also convenient, with several Overground and TfL Rail stations within a reasonable distance. The property itself appears to be a period property, requiring some modernisation and renovation. While the kitchen appears to have been recently updated, other areas show signs of wear and tear. The property includes a small, paved rear garden. Given the average house price in the area is £321,875 and the average price per sqft is £351, the asking price of £525,000 seems high, especially considering the need for renovation. Comparable properties on Monega Road have sold for significantly less, ranging from £210,000 to £476,000. Therefore, while the location and proximity to amenities are positive, the condition and price need to be carefully considered.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 4
- Location
- 7
- Land
- 3
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 1,147.43
- Lot (est)
- 924.62
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Metrics Year-on-Year
- Average area value
- 508,444.00 £Increased by 56.28 %
- Est sale value
- 467,004.01 £Increased by 21.49 %
- Average area rental value
- 2,950.00 £/moIncreased by 47.87 %
- Est letting value
- 2,294.86 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.96 %Decreased by 5.43 %
- Crime Rate
- 0.00 %
Agent Activity
28 created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Sandringham Primary School | Community School | Outstanding | 0.29 KM |
| Zakariya Primary School | Other Independent School | Requires improvement | 0.44 KM |
| Shaftesbury Primary School | Academy Converter | 0.47 KM | |
| Madaniyah Foundation | Other Independent School | Good | 0.60 KM |
| William Davies Primary School | Community School | Good | 0.70 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Balmoral Road | £ 0 | 0 | 0.00 KM |
| St. George's Square | £ 0 | 0 | 0.00 KM |
| Dorset Road | £ 0 | 0 | 0.00 KM |
| St. George's Avenue | £ 587,500 | 0 | 0.00 KM |
| Ferndale Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Woodgrange Park | 7467 | WGR | 1.18 KM |
| Wanstead Park | 7408 | WNP | 1.33 KM |
| Forest Gate | 6876 | FOG | 1.35 KM |
| Manor Park | 6883 | MNP | 1.56 KM |
| Maryland | 6970 | MYL | 3.26 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Halley Road, Forest Gate | £ 650,000 | BUY | 7 / 10 | 0.07 KM |
| Halley Road, Forest Gate, London, E7 | £ 600,000 | BUY | 7 / 10 | 0.10 KM |
| Halley Road, London, E7 | £ 650,000 | BUY | 7 / 10 | 0.11 KM |
| Katherine Road, Forest Gate, London, E7 | £ 650,000 | BUY | 6 / 10 | 0.12 KM |
| Katherine Road, Forest Gate, London, E7 | £ 600,000 | BUY | 6 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 3 Monega Road | £ 249,995 | 0.09 KM |
| 17b Monega Road | £ 210,000 | 0.09 KM |
| 27 Monega Road | £ 440,000 | 0.09 KM |
| 25 Monega Road | £ 235,000 | 0.09 KM |
| 67 Monega Road | £ 476,000 | 0.09 KM |