8, Grove Terrace
8, Grove Terrace
Description & Estimates
The public record lists 8, Grove Terrace as a freehold house sitting on a 295 m2 plot.
Comparison with its neighbours suggests a period house with 2,010 ft2 of internal area and a garden.
In this area, houses of this size normally have 5 bedrooms.
8, Grove Terrace has an estimated sale value of £2,756,574 and an estimated rental value of £10,636 per month, assuming reasonable condition and based on the information available.
Grove Terrace, London, NW5 lies in the borough of Camden, within the NW5 postal district.
Our Data Sources
8, Grove Terrace has a single entry in the Land Registry from September 2022 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 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 8, Grove Terrace would be worth £2,894,402, with a potential rental value of £11,168 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £2,563,614, with a rental value of £9,891 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 8, Grove Terrace has fallen by £108,477 (3.9%) over the last year. During the same period, its estimated monthly rental value has moved up by £367 (3.5%). The property's estimated gross yield is currently 4.6%.
Plot Size
8, Grove Terrace occupies a 295 m2 plot as recorded by HM Land Registry.
All 20 other houses in this postcode have recorded plot sizes, and this one ranks as the 15th largest.
Sold Prices
8, Grove Terrace last changed hands on 28th September 2022, selling for £2,400,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 31.8% since September 2022.
- Sold Sep 2022£2,400,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 350 metres of 8, Grove Terrace across the last 2 years.
Most recently, 20, Grove Terrace, London, NW5 1PH, a freehold house, sold at £1,980,000 on the 17th February 2022.
Read more about house prices in NW5.
- Sold Feb 2022£1,980,000 | 4 Bed House20, Grove Terrace, London, NW5 1PH20, Grove Terrace, London, NW5 1PH
- Sold Oct 2017£2,387,500 | 5 Bed House33, Boscastle Road, London, NW5 1EE33, Boscastle Road, London, NW5 1EE
- Sold Mar 2016£2,200,000 | 5 Bed House15, Grove Terrace, London, NW5 1PH15, Grove Terrace, London, NW5 1PH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 8, Grove Terrace as the 19th largest and the 13th most expensive of the 44 addresses on Grove Terrace, London, NW5.
Against the NW5 postcode district average, it is £2.004m more expensive than the typical property.
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Schools Nearby
- 500mGospel Oak Primary School
- 700mBrookfield Primary School
- 700mEleanor Palmer Primary School
- 200mParliament Hill School
- 300mLa Sainte Union Catholic Secondary School
- 300mWilliam Ellis School
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Public Transport Nearby
Gospel Oak station is the nearest stop to 8, Grove Terrace at 400 metres away.
- 400mGospel Oak
- 600mTufnell Park
- 900mKentish Town
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
