Flat 1, Grove House 27
Flat 1, Grove House 27
Description & Estimates
Flat 1, Grove House 27 is recorded publicly as a modern leasehold apartment across 570 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 1, Grove House 27 is £424,701 and its rental estimate is £2,262 per month, given the available information and assuming reasonable condition.
Grove House, Frampton Park Road is a residential building on Frampton Park Road, London, E9 and falls within the E9 postal district and the London Borough of Hackney.
Our Data Sources
Flat 1, Grove House 27 has 2 entries in the Land Registry , most recently in May 2022 and a single entry in the EPC database dated January 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 Flat 1, Grove House 27, we estimate a market value of £445,937 and a rental value of £2,375 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £394,972 and £2,103 per month respectively.
Recent Market Change
Over the last year, Flat 1, Grove House 27 has seen its estimated sale value move down by £13,425 (3.2%) and its estimated rental value increase by £102 per month (4.5%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
Flat 1, Grove House 27 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Jan 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 1, Grove House 27 completed on 27th May 2022 at £420,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 5.7% over the period since May 2022.
- Sold May 2022£420,000
- Sold Mar 2017£382,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, Grove House 27 have sold within a radius of 250 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd July 2022, was Flat 16, Grove House 27, Frampton Park Road, London, E9 7PQ, a leasehold flat which sold for £431,000.
Read more about house prices in E9.
- Sold Jul 2022£431,000 | 2 Bed FlatGrove House 27, Frampton Park RoadFlat 16, Grove House 27, Frampton Park Road, London, E9 7PQ
- Sold Apr 2022£440,000 | 2 Bed FlatGrove House 27, Frampton Park RoadFlat 26, Grove House 27, Frampton Park Road, London, E9 7PQ
- Sold Jun 2021£435,000 | 2 Bed FlatGrove House 27, Frampton Park RoadFlat 28, Grove House 27, Frampton Park Road, London, E9 7PQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 480 addresses on Frampton Park Road, London, E9, Flat 1, Grove House 27 comes out as the 350th largest and the 176th most expensive in our analysis of the public data.
It is also £128k less expensive than the average property across the E9 district.
More reading links
Schools Nearby
- 200mSt John of Jerusalem Church of England Primary School
- 300mOrchard Primary School
- 600mMorningside Primary School
- 300mThe Urswick School - A Church of England Secondary School
- 700mCardinal Pole Catholic School
- 700mMossbourne Victoria Park Academy
More reading links
Public Transport Nearby
From Flat 1, Grove House 27, the nearest station is London Fields, 400 metres away.
- 400mLondon Fields
- 600mHackney Central
- 900mHomerton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
