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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, 38, Groombridge Road is a period freehold house with 1,926 ft2 of internal area and sits on a 161 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Groombridge Road is £2,406,070 and the estimated rental value is £10,817 per month.
Groombridge Road, London, E9 is located in the borough of Hackney within the E9 postal district.
38, Groombridge Road has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property 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 38, Groombridge Road is in very good condition we estimate a sale value of £2,526,374 and a rental value of £11,358 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,237,645 and a rental value of £10,060 per month.
Over the last 12 months the sale value of 38 Groombridge Road has decreased by an estimated £107,881 (4.5%) and its rental value has increased by an estimated £256 per month (2.4%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 38, Groombridge Road sits on a plot of 161m2.
We have plot size data on 31 out of 34 other houses in the postcode and 38, Groombridge Road sits on the 33rd largest plot.
38, Groombridge Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 May 2021.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 38, Groombridge Road was last sold on 7th September 2021 for £2,125,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2021, the market for similar properties has dropped 13.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Groombridge Road within a radius of 350 metres over the last 2 years.
The most recent example is 18, Meynell Crescent, London, E9 7AS, a freehold house which sold for £2,300,000 on the 10th December 2021.
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, 38, Groombridge Road is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £1.857m more expensive than the average property in E9.
The closest station to 38, 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 38, 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 38, 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 38, 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 38, 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 38, 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.
