According to the public record, 109, Grove Road, London is a period leasehold apartment with 1,065 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 109, Grove Road, London, E3.
Grove Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
109, Grove Road, London has 21 entries in the Land Registry database, most recently in October 2007 and a single entry in the EPC database dated January 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 109 Grove Road London as £357,033 and the rental value as £2,226 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 109 Grove Road London has decreased by £2,384 (0.7%) and its rental value has increased by £75 per month (3.4%).
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 109, Grove Road, London is in very good condition we estimate a sale value of £374,885 and rental value of £2,337 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £332,041 and a rental value of £2,070 per month.
If you were able to purchase this property for the estimated value of £357,033, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,755 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 109, Grove Road, London was last sold on 12 Oct 2007 for £225,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2007, the market for similar properties has risen 48.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 109, Grove Road, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 1, Crane House 350, Roman Road, London, E3 5QW, a Leasehold flat which sold for £510,000 in May 2016.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 290 metres radius of 109, Grove Road, London over the last 2 years.
Most recently 1A, Vivian Road, London, E3 5RE, a Leasehold flat let by Saint Andrews Bureau in Dec 2022.
Grove Road, London, E3 has a total of 215 addresses. According to our analysis of all the public data, 109, Grove Road, London is the 22nd largest and the 196th most expensive property on the street.
When compared to the postcode district it is £83k less expensive than the average property in E3.
109, Grove Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Jan 2024.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 109, Grove Road, London is Mile End station which is 600 metres away.
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 109, Grove Road, London, 43.5% of property is socially rented and 31.3% is privately rented.
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 109, Grove Road, London, 30.9% of residents are recorded as possessing school level qualifications and 35.4% 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 109, Grove Road, London, the average age was 34.8 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 109, Grove Road, London, 0.0% 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 109, Grove Road, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.