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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Grimsby Grove is £420,267 and the estimated rental value is £2,442 per month.
Grimsby Grove, London, E16 is located in the borough of Newham within the E16 postal district.
5, Grimsby Grove has 21 entries in the Land Registry , most recently in May 2012 and a single entry in the EPC database dated September 2023.
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.
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 5, Grimsby Grove is in very good condition we estimate a sale value of £441,280 and a rental value of £2,564 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £390,848 and a rental value of £2,271 per month.
Over the last 12 months the sale value of 5 Grimsby Grove has decreased by an estimated £15,848 (3.8%) and its rental value has increased by an estimated £101 per month (4.1%), giving an expected gross yield of 7%.
According to data from HM Land Registry, 5, Grimsby Grove sits on a plot of 123m2.
We have plot size data on 10 out of 10 other houses in the postcode and 5, Grimsby Grove sits on the 10th largest plot.
5, Grimsby Grove has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Sep 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, 5, Grimsby Grove was last sold on 11th May 2012 for £315,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2012, the market for similar properties has risen 96.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Grimsby Grove within a radius of 660 metres over the last 2 years.
The most recent example is 14, Woolwich Manor Way, London, E16 2NJ, a freehold house which sold for £500,000 on the 20th August 2024.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grimsby Grove, London, E16 has a total of 60 addresses. According to our analysis of all the public data, 5, Grimsby Grove is the 17th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £40k more expensive than the average property in E16.
The nearest school is London Design and Engineering UTC which is 865 metres away. The nearest train station is King George V which is 600 metres away.
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