Monega Road, E7
UN

Monega Road, E7

By 28

£ 525,000

Reviews

2 out of 5 stars

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

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
508,444.00 £
Increased by 56.28 %
from 325,333.00 £
Est sale value
467,004.01 £
Increased by 21.49 %
from 384,389.05 £
Average area rental value
2,950.00 £/mo
Increased by 47.87 %
from 1,995.00 £/mo
Est letting value
2,294.86 £/mo
Unchanged by 0.00 %
from 2,294.86 £/mo
Est rental Yield
6.96 %
Decreased by 5.43 %
from 7.36 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • 28 created the listing.

Nearby Schools

NameTypeOfstedDistance
Sandringham Primary SchoolCommunity SchoolOutstanding0.29 KM
Zakariya Primary SchoolOther Independent SchoolRequires improvement0.44 KM
Shaftesbury Primary SchoolAcademy Converter0.47 KM
Madaniyah FoundationOther Independent SchoolGood0.60 KM
William Davies Primary SchoolCommunity SchoolGood0.70 KM

Images

_W6B8674 _W6B8640 _W6B8637 _W6B8646 _W6B8649 _W6B8655 _W6B8661 _W6B8643 _W6B8616 _W6B8595 _W6B8601 _W6B8610 _W6B8607 _W6B8622 _W6B8625 _W6B8628 _W6B8666 _W6B8664

Nearby Streets

NameAverage PriceAverage SqftDistance
Balmoral Road £ 000.00 KM
St. George's Square £ 000.00 KM
Dorset Road £ 000.00 KM
St. George's Avenue £ 587,50000.00 KM
Ferndale Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Woodgrange Park7467WGR1.18 KM
Wanstead Park7408WNP1.33 KM
Forest Gate6876FOG1.35 KM
Manor Park6883MNP1.56 KM
Maryland6970MYL3.26 KM

Nearby Listings

AddressPriceTypeScoreDistance
Halley Road, Forest Gate £ 650,000BUY7 / 100.07 KM
Halley Road, Forest Gate, London, E7 £ 600,000BUY7 / 100.10 KM
Halley Road, London, E7 £ 650,000BUY7 / 100.11 KM
Katherine Road, Forest Gate, London, E7 £ 650,000BUY6 / 100.12 KM
Katherine Road, Forest Gate, London, E7 £ 600,000BUY6 / 100.12 KM

Nearby Properties

AddressPriceDistance
3 Monega Road £ 249,9950.09 KM
17b Monega Road £ 210,0000.09 KM
27 Monega Road £ 440,0000.09 KM
25 Monega Road £ 235,0000.09 KM
67 Monega Road £ 476,0000.09 KM