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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 12, Groombridge Road is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,564 ft2 of internal area and sits on a 218 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Groombridge Road is £2,060,582 and the estimated rental value is £9,020 per month.
Groombridge Road, London, E9 is located in the borough of Hackney within the E9 postal district.
12, Groombridge Road has a single entry in the Land Registry from February 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 12, Groombridge Road is in very good condition we estimate a sale value of £2,163,611 and a rental value of £9,471 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,916,341 and a rental value of £8,388 per month.
Over the last 12 months the sale value of 12 Groombridge Road has decreased by an estimated £83,149 (4.0%) and its rental value has increased by an estimated £265 per month (2.9%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 12, Groombridge Road sits on a plot of 218m2.
We have plot size data on 31 out of 34 other houses in the postcode and 12, Groombridge Road sits on the 5th largest plot.
According to HM Land Registry, 12, Groombridge Road was last sold on 1st February 2007 for £706,250 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2007, the market for similar properties has risen 68.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Groombridge Road within a radius of 340 metres over the last 2 years.
The most recent example is 12, Meynell Crescent, London, E9 7AS, a freehold house which sold for £2,400,000 on the 21st July 2022.
Read more about house prices in E9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Groombridge Road, London, E9 has a total of 52 addresses. According to our analysis of all the public data, 12, Groombridge Road is the 31st largest and the 30th most expensive property on the street.
When compared to the postcode district it is £1.512m more expensive than the average property in E9.
The closest station to 12, Groombridge Road is Homerton station which is 700 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 12, Groombridge Road, 35.5% of property is privately owned outright and 24.3% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 12, Groombridge Road, 27.3% of residents are recorded as possessing school level qualifications and 68.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12, Groombridge Road, the average age was 36.9 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 12, Groombridge Road, 2.8% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 12, Groombridge Road, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
