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According to the public record, Flat 9, 14B, Grove Road is a modern apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 9, 14B, Grove Road is £404,101 and the estimated rental value is £1,956 per month.
The apartment is within 14B, Grove Road, London, E3.
Grove Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 9, 14B, Grove Road has no records in the the Land Registry and a single entry in the EPC database dated August 2022.
We combine this information with public data 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 Flat 9, 14B, Grove Road is in very good condition we estimate a sale value of £424,306 and a rental value of £2,054 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £375,814 and a rental value of £1,820 per month.
Over the last 12 months the sale value of Flat 9 14B Grove Road has decreased by an estimated £8,425 (2.1%) and its rental value has increased by an estimated £96 per month (4.9%), giving an expected gross yield of 5.8%.
Flat 9, 14B, Grove Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, 14B, Grove Road within a radius of 330 metres over the last 2 years.
The most recent example is Flat 9, 9-10, College Terrace, London, E3 5EP, a leasehold flat which sold for £400,000 on the 14th July 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, Flat 9, 14B, Grove Road is the 191st largest and the 132nd most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in E3.
The nearest school is Solebay Primary - A Paradigm Academy which is 444 metres away. The nearest train station is Mile End which is 200 metres away.
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