2, Grovelands Close
2, Grovelands Close
Description & Estimates
According to the public record, 2, Grovelands Close is a modern leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Grovelands Close is £287,261 and the estimated rental value is £1,661 per month.
Grovelands Close, London, SE5 is located in the borough of Southwark within the SE5 postal district.
Our Data Sources
2, Grovelands Close has 21 entries in the Land Registry , most recently in September 2012 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 2, Grovelands Close is in very good condition we estimate a sale value of £301,624 and a rental value of £1,744 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,153 and a rental value of £1,544 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Grovelands Close has dropped by £3,015 (1.0%), while its estimated rental value has risen by £104 per month (6.2%). Based on current estimates, the property offers a gross rental yield of 6.9%.
Energy Efficiency
2, Grovelands Close has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jun 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, 2, Grovelands Close was last sold on 28th September 2012 for £165,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2012, the market for similar properties has risen by 88.0%.
- Sold Sep 2012£165,000
- Sold Sep 1998£42,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Grovelands Close within a radius of 370 metres over the last 2 years.
The most recent example is 31, Grovelands Close, London, SE5 8JN, a leasehold flat which sold for £250,000 on the 15th December 2023.
Read more about house prices in SE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Grovelands Close, London, SE5 has a total of 59 addresses. According to our analysis of all the public data, 2, Grovelands Close is the 48th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £218k less expensive than the average property in SE5.
More reading links
Schools Nearby
- 300mLyndhurst Primary School
- 400mGrove Primary School
- 700mOliver Goldsmith Primary School
- 800mHarris Academy Peckham
- 1.1kmThe Charter School East Dulwich
- 1.2kmSacred Heart Catholic School
More reading links
Public Transport Nearby
The closest station to 2, Grovelands Close is Denmark Hill station, which is 400 metres away.
- 400mDenmark Hill
- 900mEast Dulwich
- 1.0kmPeckham Rye
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
