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London property: The £1 million street in an unlikely part of London where the average house price is just £466,679

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London property: The £1 million street in an unlikely part of London where the average house price is just £466,679

It’s no secret that house prices in London are way above the UK average.

You will struggle to get exactly what you want within your budget – especially the closer you get to the city centre.

But there are areas on the outskirts where you can bag a bargain.

In the East London area of Walthamstow, the average house price is £466,679. There’s a range of Victorian two-bed terraces for around £400,000, with four bedroom properties going for around £675,000 in the E17 postcode.

However, there is one street that defies the (relatively) cheap neighbourhood.

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In Oakhurst Gardens, flats, terraced houses and detached properties cost far more than the average. In fact, according to Zoopla’s postcode estimates, houses on this street can cost upwards of £1million.

But why exactly does this one street buck the area’s trend? We took a closer look to find out.

Larger homes and more green spaces

Most houses in Oakhurst Gardens benefit from large driveways, a minimum of five bedrooms and three bathrooms.

Residents of the road are a stone’s throw away from both Epping Forest and Waltham Forest, able to take advantage of the vast amount of green space available which is especially useful during lockdown.

There is even the opportunity to rent rowing boats at the Hollow Pond in Waltham Forest.

There are also a number of restaurants, cafes, and shops nearby as well as a local community centre and St. Peters-in-the-forest with regular services to cater to any Christians in the area.

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Good schools

Oakhurst Gardens Street Sign

Houses in Oakhurst Gardens cost over £1 million.

Residents can have their choice of shopping at Asda, Co-Operative Food, Iceland, Lidl, M&S Simply Food, Morrisons, Sainsbury’s, Tesco and Waitrose, all a short distance away.

Just around the corner from Oakhurst Gardens sits the Forest School , a private day-school for ages four to 18, perfect for families nearby seeking an extensive academic and co-curricular education for their children.

There are many other excellent state and private schools in the area, catering for all ages.

0 Forest School E17

Oakhurst Gardens is a 10 minute walk to Wood Street station, on the Overground, and a 10 minute drive to Leytonstone station on the Central line, so it’s very well connected.

It appears here, you have the benefits of city living but can escape to the more rural aspects it has to offer.