Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
5, Grove Close appears in the public record as a leasehold apartment.
We estimate it to be a mid-century apartment with 700 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 5, Grove Close is £390,366 and its rental estimate is £1,937 per month, given the available information and assuming reasonable condition.
Grove Close, London, SE23 falls within the SE23 postal district, in the borough of Lewisham.
5, Grove Close has 31 entries in the Land Registry , most recently in February 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Grove Close, we estimate a market value of £409,885 and a rental value of £2,034 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £363,041 and £1,801 per month respectively.
Over the last year, 5, Grove Close has seen its estimated sale value climb by £4,532 (1.2%) and its estimated rental value rise by £103 per month (5.3%). This results in an estimated gross rental yield of 6.0%.
The most recent sale of 5, Grove Close completed on 21st February 2007 at £162,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 113.6% over the period since February 2007.
Over the past 2 years 3 properties similar to 5, Grove Close have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th January 2025, was 83, Malham Road, London, SE23 1AL, a leasehold flat which sold for £390,000.
Read more about house prices in SE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 35 addresses on Grove Close, London, SE23, 5, Grove Close comes out as the 17th largest and the 17th most expensive in our analysis of the public data.
It is also £181k less expensive than the average property across the SE23 district.
From 5, Grove Close, the nearest station is Honor Oak Park, 600 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Grove Close, 46.9% of property is socially rented and 22.9% is privately 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 5, Grove Close, 23.8% of residents are recorded as possessing school level qualifications and 40.8% 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 5, Grove Close, the average age was 36.2 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 5, Grove Close, 0.5% 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 5, Grove Close, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
