Woodstock Road, Forest Gate, London E7
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Open House this Saturday (14th Sept) - by appointment only
- Only over 60s are eligible for the Home for Life from Homewise (incorporating a Lifetime Lease)
- Savings against the full price of this property typically range from 20% to 50% for a Lifetime Lease
- Actual price paid depends on individuals’ age and personal circumstances (and property criteria)
- Plan allows customers to purchase a % share of the property value (up to 50%) to safeguard for the future
- Call for a personalised quote, or use the calculator on the homewise website for an indicative saving
- The full listed price of this property is £525,000
- This lovely terraced home is fully refurbished to a top specification
- Bright and spacious throughout
- Extended at the rear
Property description
Through the Home for Life Plan from Homewise, those aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost to purchase the Lifetime Lease is always less than the full market value.
Over 60s customers typically save between from 20% to 50%*.
Home for Life Plan guide price for overs 60s: The Lifetime Lease price for this property is £346,500 based on an average saving of 33%.
Market Value Price: £525,000
The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard. The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future.
For an indication of what you could save, please use our calculator on the homewise website.
Please call for more information or a personalised quote.
Please note: Homewise do not own this property and it is not exclusively for sale for the over-60s.
It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.
If you are not over 60 or would like to purchase the property at the full market value of £525,000, please contact the estate agent Douglas Allen.
Property DESCRIPTIONThis lovely terraced home is perfect for a growing family, it is fully refurbished with high specifications and has a good size, low maintenance rear garden. The house has been extended and the location of this property is ideal as it is close to schools, local shops and amenities. It also has great transport links to the city.
Room sizes:
- Hallway
- Lounge 11'7 x 10'4 (3.53m x 3.15m)
- Kitchen/Diner 13'8 x 10'5 (4.17m x 3.18m)
- Bathroom
- Landing
- Bedroom 1 12'4 x 6'8 (3.76m x 2.03m)
- Bedroom 2 10'6 x 8'5 (3.20m x 2.57m)
- Bedroom 3 10'6 x 6'8 (3.20m x 2.03m)
- Front and Rear Garden
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Homewise, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.
Council Tax band: C
Tenure: Freehold
Suitable as a retirement home.
Property info
Ground Floor Plan View original
First Floor Plan View original
Property value data/graphs for E7
Property type | Avg. current value | Avg. £ per sq ft. | Avg. # beds | Avg. £ paid (last 12m) |
---|---|---|---|---|
Detached | £842,118 | £448 | 4.0 | £740,000 |
Semi-detached | £582,644 | £448 | 3.9 | £647,500 |
Terraced | £541,721 | £481 | 3.1 | £585,703 |
Flats | £316,554 | £482 | 1.9 | £393,232 |
Current asking prices in E7
Average: £477,759Property type | 1 bed | 2 beds | 3 beds | 4 beds | 5 beds |
---|---|---|---|---|---|
Houses |
£542,500 (2) |
£483,125 (8) |
£568,845 (29) |
£866,071 (14) |
£743,846 (13) |
Flats |
£299,599 (35) |
£330,856 (36) |
£445,333 (15) |
- | - |
All |
£312,728 (37) |
£358,541 (44) |
£526,739 (44) |
£866,071 (14) |
£743,846 (13) |
Current asking rents in E7
Average: £2,059 pcmProperty type | 1 bed | 2 beds | 3 beds | 4 beds | 5 beds |
---|---|---|---|---|---|
Houses |
£706 pcm (4) |
£1,959 pcm (6) |
£2,500 pcm (3) |
- |
£3,551 pcm (2) |
Flats |
£1,231 pcm (10) |
£1,886 pcm (9) |
£2,734 pcm (3) |
- | - |
All |
£1,081 pcm (14) |
£1,915 pcm (15) |
£2,617 pcm (6) |
- |
£3,551 pcm (2) |
Fun facts for E7
Highest value streets | Zed-Index |
---|---|
Barwick Road | £604,207 |
Horace Road | £592,333 |
Lancaster Road | £577,149 |
Upton Avenue | £518,916 |
Forest Side | £489,974 |
Highest turnover streets | Turnover |
---|---|
Forest Side | 26.7% |
Thorpe Road | 18.4% |
Latimer Road | 18.1% |
Huddlestone Road | 17.4% |
Wellington Road | 16.7% |
For more information about this property, please contact
Homewise Ltd, BN11 on +44 1903 906571 * (local rate)
Monthly running costs Beta
Mortgage
In association withThese results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.
Your home or property may be repossessed if you do not keep up repayments on your mortgage.
Home Insurance
Rebuild value up to £1,000,000 Contents value up to £80,000 Average insurance cost £14/mo (£165/yr)Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.
Source: Autonet Insurance Ltd
Energy
Gas £37 Electricity £52 Estimated energy cost £89/moSimilar properties could save up to £234
How Much Could I Save?The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.
Estimated consumption
Gas: 14700 kWh/year
Electricity: 3900 kWh/year
Source: National Energy Efficiency Data Framework
Council Tax
Local authority
Newham
Estimated tax band B Council tax cost £97 /mowhen paid over 10 months
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.
Water
Supply £16 Sewerage £15 Estimated water cost £31 /moWater consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Homewise Ltd, and do not constitute property particulars. Please contact Homewise Ltd for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.