Flat 12, The Driftway 182B
Flat 12, The Driftway 182B
Description & Estimates
Flat 12, The Driftway 182B is recorded publicly as a period leasehold apartment across 495 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of Flat 12, The Driftway 182B is £421,879 and its rental estimate is £2,070 per month, given the available information and assuming reasonable condition.
The Driftway, Grove Road is a residential building on Grove Road, London, E3 and falls within the E3 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 12, The Driftway 182B has 51 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated May 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.
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 12, The Driftway 182B, we estimate a market value of £442,973 and a rental value of £2,173 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £392,348 and £1,925 per month respectively.
Recent Market Change
Over the last year, Flat 12, The Driftway 182B has seen its estimated sale value drop by £15,928 (3.8%) and its estimated rental value rise by £80 per month (3.8%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
Flat 12, The Driftway 182B has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 May 2023.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 12, The Driftway 182B completed on 20th October 2023 at £415,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 31.5% over the period since October 2023.
- Sold Oct 2023£415,000
- Sold Feb 2017£376,500
- Sold Aug 2007£222,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 12, The Driftway 182B have sold within a radius of 320 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st March 2025, was 348B, Old Ford Road, London, E3 5TA, a leasehold flat which sold for £420,000.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 215 addresses on Grove Road, London, E3, Flat 12, The Driftway 182B comes out as the 174th largest and the 106th most expensive in our analysis of the public data.
It is also £23k less expensive than the average property across the E3 district.
More reading links
Schools Nearby
- 200mChisenhale Primary School
- 300mOlga Primary School
- 600mOld Ford Primary - A Paradigm Academy
- 800mMorpeth School
- 900mMossbourne Victoria Park Academy
- 900mCentral Foundation Girls' School
More reading links
Public Transport Nearby
From Flat 12, The Driftway 182B, the nearest station is Mile End, 800 metres away.
- 800mMile End
- 1.1kmBethnal Green
- 1.2kmBow Road
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.
