Chestnut Avenue, Forest Gate
BU

Chestnut Avenue, Forest Gate

By Butler & Stag

£ 500,000

Reviews

3 out of 5 stars

Butler & Stag says ..

Guide Price £500,000 - £525,000 An exciting opportunity to acquire this charming two-bedroom end-of-terrace Edwardian home situated on the sought-after Chestnut Avenue in Forest Gate. This property, requiring modernisation, presents an excellent prospect for buyers looking to put their own st...

Property Oracle says ..

The property is located in Forest Gate, Newham, which is in East London. The area benefits from good transport links, with Forest Gate station (TfL Rail) being 0.38km away and Wanstead Park station (London Overground) just 0.06km away. Several primary schools with good Ofsted ratings are within a short distance, making it potentially attractive to families.

Based on the images provided, the property appears to be in relatively good condition, although some modernisation would likely enhance its appeal. The kitchen and bathroom appear dated, and while the property is habitable, some updates would improve its overall presentation and functionality. The property has a small rear garden which provides some outside space.

The list price of £500,000 is slightly below the average price of £583,600 for the area. However, the property is significantly smaller than the average at 636.15 sqft compared to 1,117 sqft. The average price per sqft in the area is £522.00. Considering its size and condition, the list price might be considered reasonable, although a slightly higher price may be achievable following some modernisation. The nearby comparable properties show a range of prices, with some properties selling for significantly less and others considerably more. This suggests that the price is within the range of market values for similar properties in the area.

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
7
Location
8
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
636.15

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
733,333.00 £
Increased by 49.34 %
from 491,063.00 £
Est sale value
328,889.55 £
Decreased by 4.08 %
from 342,884.85 £
Average area rental value
1,836.00 £/mo
Decreased by 10.92 %
from 2,061.00 £/mo
Est letting value
636.15 £/mo
Decreased by 50.00 %
from 1,272.30 £/mo
Est rental Yield
3.00 %
Decreased by 40.48 %
from 5.04 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Butler & Stag marked this listing as sold.

  • Butler & Stag created the listing.

Nearby Schools

NameTypeOfstedDistance
Woodgrange Infant SchoolCommunity SchoolGood0.30 KM
Godwin Junior SchoolCommunity SchoolGood0.36 KM
Kay Rowe Nursery SchoolLocal Authority Nursery SchoolOutstanding0.41 KM
Kay Rowe Children'S CentreChildren's Centre0.42 KM
Forest Gate Community SchoolAcademy Converter0.44 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Brownlow Road £ 000.00 KM
Neagle Lane £ 000.00 KM
Adams Walk £ 122,50000.00 KM
Albert Court £ 000.00 KM
Post Office Approach £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Wanstead Park7408WNP0.06 KM
Forest Gate6876FOG0.38 KM
Woodgrange Park7467WGR2.02 KM
Manor Park6883MNP2.21 KM
Leytonstone High Road7403LER2.35 KM

Nearby Listings

AddressPriceTypeScoreDistance
Chestnut Avenue, Forest Gate £ 500,000BUY6 / 100.00 KM
Chestnut Avenue, London, E7 £ 575,000BUYUnknown0.02 KM
Chestnut Avenue, Forest Gate £ 400,000BUY7 / 100.02 KM
Chestnut Avenue, Forest Gate £ 425,000BUY6 / 100.02 KM
Chestnut Avenue, London, E7 £ 550,000BUY6 / 100.02 KM

Nearby Properties

AddressPriceDistance
12 Chestnut Avenue £ 195,0000.02 KM
4 Chestnut Avenue £ 230,0000.02 KM
56 Chestnut Avenue £ 525,0000.02 KM
18 Chestnut Avenue £ 121,5000.02 KM
32 Chestnut Avenue £ 518,5000.02 KM