Chigwell Road, London
PE

Chigwell Road, London

By Peter Andrews

£ 320,000

Reviews

2 out of 5 stars

Peter Andrews says ..

TWO BEDROOM GROUND FLOOR APARTMENT. FIRST TIME PURCHASE OR BUY TO LET OPPORTUNITY. Situated within walking distance of South Woodford Central Line Station, George Lane shops, bars and restaurants, and Oakdale Primary/Junior Schools. Further accommodation comprises lounge with small balcony, fitte...

Property Oracle says ..

This two-bedroom, one-bathroom apartment located on Chigwell Road in South Woodford, Redbridge, is listed for £320,000. The property’s location in South Woodford offers several advantages, with several well-regarded primary schools within a reasonable distance. While transport links are present, they are not immediately adjacent to the property and require a longer commute. The apartment itself is presented in a reasonably maintained state, although several aspects, particularly the bathroom and kitchen, appear dated and may benefit from modernization. The finishes are functional, and the living space looks adequately sized for a two-bedroom flat. A key drawback is the complete lack of any private outdoor space, which is a common feature in urban apartment buildings. The price of £320,000 appears competitive when considered in relation to the stated pricing of nearby comparable apartments. However, a precise comparison is challenging without detailed information on the square footage and specific features of comparable properties. The property represents a suitable option for a buyer seeking a conveniently located apartment, but prospective buyers should factor in potential costs for renovation and the lack of garden space.

Therefore, we give this property 5 / 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
1
Bedrooms
2
Bathrooms
1
Sqft (est)
642.93

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
637,357.00 £
Decreased by 14.10 %
from 741,950.00 £
Est sale value
446,193.42 £
Increased by 27.34 %
from 350,396.85 £
Average area rental value
2,041.00 £/mo
Increased by 12.39 %
from 1,816.00 £/mo
Est letting value
1,285.86 £/mo
Increased by 100.00 %
from 642.93 £/mo
Est rental Yield
3.84 %
Increased by 30.61 %
from 2.94 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Peter Andrews created the listing.

Nearby Schools

NameTypeOfstedDistance
Oakdale Junior SchoolCommunity SchoolGood0.16 KM
Oakdale Children'S CentreChildren's Centre0.29 KM
Oakdale Infants' SchoolCommunity SchoolGood0.45 KM
Nightingale Primary SchoolCommunity SchoolOutstanding0.69 KM
StradbrokeOther Independent Special SchoolRequires improvement1.02 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Lime Tree Close £ 000.00 KM
Station Approach £ 000.00 KM
Limes Avenue £ 850,00000.00 KM
Buckingham Road £ 953,57100.00 KM
Laura Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Wood Street6954WST4.14 KM
Leytonstone High Road7403LER4.24 KM
Highams Park6919HIP4.32 KM
Manor Park6883MNP4.50 KM
Wanstead Park7408WNP4.50 KM

Nearby Listings

AddressPriceTypeScoreDistance
Chigwell Road, London £ 320,000BUYUnknown0.00 KM
Chigwell Road, London £ 320,000BUY5 / 100.00 KM
Chigwell Road, London, E18 £ 450,000BUY5 / 100.08 KM
Scenix House, South Woodford £ 400,000BUY7 / 100.08 KM
Chigwell Road, South Woodford £ 350,000BUY5 / 100.09 KM

Nearby Properties

AddressPriceDistance
70 Chigwell Road £ 176,0000.03 KM
76 Chigwell Road £ 429,9950.03 KM
82 Chigwell Road £ 320,0000.03 KM
78 Chigwell Road £ 525,0000.03 KM
80 Chigwell Road £ 260,0000.03 KM