Lamorna Close, Walthamstow
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Lamorna Close, Walthamstow

By Churchill Estates

£ 290,000

Reviews

2 out of 5 stars

Churchill Estates says ..

Ideal First time purchase | spacious accommodation | Allocated parking | 107 years remaining on the lease | Easy access to train Stations | close proximity to Epping Forest |

Property Oracle says ..

This one-bedroom, one-bathroom flat in Walthamstow, E17 4DH, is listed at £290,000. The property is located on Lamorna Close, with nearby streets boasting significantly higher average house prices suggesting the potential for long-term value appreciation. The property’s proximity to several Overground stations, namely Wood Street and Highams Park, is a major positive; improving the accessibility and attractiveness. The close proximity to a number of well-regarded schools, including Thorpe Hall Primary School and Whitefield Schools, enhances its family-friendliness. Epping Forest’s proximity further enhances the surrounding environment and quality of life.

The internal pictures show a reasonably maintained and clean property. The decor is fairly neutral, however, the kitchen and bathroom could possibly benefit from modernisations to enhance the property appeal. The flat itself appears to be compact, suitable for a single person or a couple. Allocated parking is a useful amenity, although the absence of any private outdoor space is a notable drawback, particularly when compared to nearby properties with gardens.

The average property prices in the vicinity are noticeably higher than the listed price of this property, suggesting that it is potentially priced competitively, especially for a first-time buyer. However, a more detailed investigation into the leasehold agreement and specifics of the property’s service charges and ground rent would be necessary for a comprehensive valuation.

Overall, this property represents a reasonable entry point into the Walthamstow housing market, especially for first-time buyers. Buyers looking for substantial outdoor space may find it limiting. While requiring potentially some updating the internal layout is sensible and well-presented. The location, however, does offer good transport links and an attractive surrounding environment.

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
1
Bathrooms
1
Sqft (est)
516.67

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
530,455.00 £
Decreased by 10.78 %
from 594,550.00 £
Est sale value
259,885.01 £
Decreased by 19.00 %
from 320,852.07 £
Average area rental value
2,750.00 £/mo
Increased by 35.74 %
from 2,026.00 £/mo
Est letting value
1,033.34 £/mo
Unchanged by 0.00 %
from 1,033.34 £/mo
Est rental Yield
6.22 %
Increased by 52.08 %
from 4.09 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Churchill Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Thorpe Hall Primary SchoolCommunity SchoolGood0.16 KM
Whitefield SchoolsAcademy Special ConverterOutstanding0.21 KM
Frederick Bremer SchoolCommunity SchoolGood0.28 KM
The Woodside Primary AcademyAcademy Sponsor LedOutstanding0.62 KM
Woodside Children'S CentreChildren's Centre Linked Site0.78 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Macdonald Road £ 556,00000.00 KM
Lamorna Close £ 530,00000.00 KM
Cobham Road £ 000.00 KM
Chaucer Road £ 537,50000.00 KM
Guildford Road £ 577,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Wood Street6954WST1.09 KM
Highams Park6919HIP1.35 KM
Walthamstow Central6953WHC2.49 KM
Walthamstow Queen'S Road7407WMW2.95 KM
Leyton Midland Road7402LEM3.04 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lamorna Close, Walthamstow £ 290,000BUY5 / 100.00 KM
Thorpe Hall Road, Walthamstow £ 575,000BUY7 / 100.10 KM
MacDonald Road, London £ 490,000BUY7 / 100.10 KM
Thorpe Hall Road, Walthamstow £ 575,000BUY7 / 100.12 KM
Starley Close, London, E17 4FA £ 270,000BUY6 / 100.16 KM

Nearby Properties

AddressPriceDistance
111 Hale End Road £ 566,0000.08 KM
115 Hale End Road £ 220,0000.08 KM
5 Thorpe Hall Road £ 235,0000.10 KM
2a Thorpe Hall Road £ 195,0000.10 KM
30 Thorpe Hall Road £ 202,0000.10 KM