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According to the public record, 44, Grove Road is a period leasehold apartment with 1,377 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 44, Grove Road is £957,630 and the estimated rental value is £4,825 per month.
The apartment is within 44, Grove Road, London, E3.
Grove Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
44, Grove Road has 2 entries in the Land Registry , most recently in August 2015 and a single entry in the EPC database dated April 2023.
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 44, Grove Road is in very good condition we estimate a sale value of £1,005,511 and a rental value of £5,066 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £890,596 and a rental value of £4,487 per month.
Over the last 12 months the sale value of 44 Grove Road has decreased by an estimated £20,341 (2.1%) and its rental value has increased by an estimated £243 per month (5.0%), giving an expected gross yield of 6%.
44, Grove Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Apr 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 44, Grove Road was last sold on 17th August 2015 for £1,110,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2015, the market for similar properties has dropped 17.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 44, Grove Road within a radius of 330 metres over the last 2 years.
The most recent example is Flat 4, Didactics Apartments 8, Edicule Square, London, E3 5SD, a leasehold flat which sold for £1,050,000 on the 6th March 2024.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grove Road, London, E3 has a total of 215 addresses. According to our analysis of all the public data, 44, Grove Road is the 12th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £511k more expensive than the average property in E3.
The nearest school is Solebay Primary - A Paradigm Academy which is 444 metres away. The nearest train station is Mile End which is 200 metres away.
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