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According to the public record, 48, Grove Road is a modern apartment with 990 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 48, Grove Road is £752,299 and the estimated rental value is £3,790 per month.
Grove Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
48, Grove Road has no recent1 records in the the Land Registry and a single entry in the EPC database dated May 2019.
We combine this information with public data 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 48, Grove Road is in very good condition we estimate a sale value of £789,914 and a rental value of £3,980 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £699,638 and a rental value of £3,525 per month.
Over the last 12 months the sale value of 48 Grove Road has decreased by an estimated £13,329 (1.8%) and its rental value has increased by an estimated £199 per month (5.2%), giving an expected gross yield of 6%.
48, Grove Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 May 2019.
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, 48, Grove Road was last sold on 4th September 2003 for £150,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Grove Road within a radius of 330 metres over the last 2 years.
The most recent example is 34A, Grove Road, London, E3 5AX, a leasehold flat which sold for £782,750 on the 1st November 2022.
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, 48, Grove Road is the 35th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £305k 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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