Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
According to the public record, Flat 5, The Driftway 182 is a period leasehold apartment with 598 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 5, The Driftway 182 is £489,807 and the estimated rental value is £2,464 per month.
The apartment is within The Driftway, Grove Road, London, E3.
Grove Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 5, The Driftway 182 has 51 entries in the Land Registry , most recently in November 2018 and a single entry in the EPC database dated May 2011.
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.
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 5, The Driftway 182 is in very good condition we estimate a sale value of £514,297 and a rental value of £2,587 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £455,520 and a rental value of £2,291 per month.
Over the last 12 months the sale value of Flat 5 The Driftway 182 has decreased by an estimated £13,090 (2.7%) and its rental value has increased by an estimated £113 per month (4.6%), giving an expected gross yield of 6%.
Flat 5, The Driftway 182 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 May 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 5, The Driftway 182 was last sold on 23rd November 2018 for £520,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since November 2018, the market for similar properties has dropped 25.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, The Driftway 182 within a radius of 320 metres over the last 2 years.
The most recent example is 45A, Driffield Road, London, E3 5NE, a leasehold flat which sold for £480,000 on the 4th October 2024.
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, Flat 5, The Driftway 182 is the 119th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £45k 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.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
