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According to the public record, Flat 2, 18-22, Grove Vale is a modern leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 18-22, Grove Vale is £533,238 and the estimated rental value is £2,217 per month.
The apartment is within 18-22, Grove Vale, London, SE22.
Grove Vale, London, SE22 is located in the borough of Southwark within the SE22 postal district.
Flat 2, 18-22, Grove Vale has a single entry in the Land Registry from October 2018 and a single entry in the EPC database dated August 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 Flat 2, 18-22, Grove Vale is in very good condition we estimate a sale value of £559,899 and a rental value of £2,328 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £495,911 and a rental value of £2,062 per month.
Over the last 12 months the sale value of Flat 2 18-22 Grove Vale has decreased by an estimated £2,772 (0.5%) and its rental value has increased by an estimated £123 per month (5.5%), giving an expected gross yield of 5%.
Flat 2, 18-22, Grove Vale has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 Aug 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 2, 18-22, Grove Vale was last sold on 25th October 2018 for £590,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2018, the market for similar properties has dropped 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 18-22, Grove Vale within a radius of 350 metres over the last 2 years.
The most recent example is Flat 11, 18-22, Grove Vale, London, SE22 8EF, a leasehold flat which sold for £570,000 on the 30th August 2024.
Read more about house prices in SE22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grove Vale, London, SE22 has a total of 259 addresses. According to our analysis of all the public data, Flat 2, 18-22, Grove Vale is the 51st largest and the 49th most expensive property on the street.
When compared to the postcode district it is £215k less expensive than the average property in SE22.
The closest station to Flat 2, 18-22, Grove Vale is East Dulwich station which is 100 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 18-22, Grove Vale, 38.9% of property is privately rented and 38.3% is privately owned with a mortgage.
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 Flat 2, 18-22, Grove Vale, 13.2% of residents are recorded as possessing school level qualifications and 76.6% 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 Flat 2, 18-22, Grove Vale, the average age was 35.9 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 Flat 2, 18-22, Grove Vale, 2.2% 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 Flat 2, 18-22, Grove Vale, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.