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According to the public record, 214A, Grove Road is a period leasehold apartment with 1,022 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 214A, Grove Road is £694,368 and the estimated rental value is £3,654 per month.
The apartment is within 214, Grove Road, London, E3.
Grove Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
214A, Grove Road has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated July 2020.
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 214A, Grove Road is in very good condition we estimate a sale value of £729,087 and a rental value of £3,837 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £645,763 and a rental value of £3,398 per month.
Over the last 12 months the sale value of 214A Grove Road has decreased by an estimated £13,346 (1.9%) and its rental value has increased by an estimated £196 per month (5.4%), giving an expected gross yield of 6.3%.
214A, Grove Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jul 2020.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 214A, Grove Road was last sold on 26th October 2020 for £652,150 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2020, the market for similar properties has dropped 38.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 214A, Grove Road within a radius of 370 metres over the last 2 years.
The most recent example is 354B, Old Ford Road, London, E3 5TA, a leasehold flat which sold for £915,000 on the 17th October 2023.
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, 214A, Grove Road is the 33rd largest and the 25th most expensive property on the street.
When compared to the postcode district it is £249k more expensive than the average property in E3.
The nearest school is Chisenhale Primary School which is 200 metres away. The nearest train station is Mile End which is 800 metres away.
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