According to the public record, 2, Grange Road, London is a mid-century leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 2, Grange Road, London, E13.
Grange Road, London, E13 is located in the borough of Newham within the E13 postal district.
2, Grange Road, London has a single entry in the Land Registry database from October 2017 and a single entry in the EPC database dated June 2021.
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 2 Grange Road London as £231,629 and the rental value as £1,376 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 2 Grange Road London has increased by £7,603 (3.3%) and its rental value has increased by £67 per month (4.9%).
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 2, Grange Road, London is in very good condition we estimate a sale value of £243,210 and rental value of £1,444 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,415 and a rental value of £1,279 per month.
If you were able to purchase this property for the estimated value of £231,629, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,138 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, 2, Grange Road, London was last sold on 30 Oct 2017 for £280,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2017, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Grange Road, London within a radius of 350 metres over the last 2 years.
The most recent example is 14, Grange Road, London, E13 0EF, a Leasehold flat which sold for £190,000 in Mar 2019.
Read more about house prices in E13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grange Road, London, E13 has a total of 413 addresses. According to our analysis of all the public data, 2, Grange Road, London is the 269th largest and the 372nd most expensive property on the street.
When compared to the postcode district it is £145k less expensive than the average property in E13.
2, Grange Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jun 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 2, Grange Road, London is Plaistow station which is 800 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 2, Grange Road, London, 67.3% of property is socially rented and 19.1% 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 2, Grange Road, London, 19.1% of residents are recorded as possessing school level qualifications and 22.1% 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 2, Grange Road, London, the average age was 33.4 and the most common age was 27.
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 2, Grange Road, London, 0.4% 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 2, Grange Road, London, 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.