According to the public record, 24, Grimsby Street, London is a modern apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Grimsby Street, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
24, Grimsby Street, London has no records in the Land Registry database and 2 entries in the EPC database, most recently in June 2023.
We combine this information with public data 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 24 Grimsby Street London as £590,764 and the rental value as £2,884 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 24 Grimsby Street London has increased by £5,930 (1.0%) and its rental value has increased by £152 per month (5.3%).
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 24, Grimsby Street, London is in very good condition we estimate a sale value of £620,302 and rental value of £3,029 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £549,410 and a rental value of £2,682 per month.
If you were able to purchase this property for the estimated value of £590,764, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,903 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Grimsby Street, London within a radius of 77m over the last 2 years.
The most recent example is Flat 2, 40, Bacon Street, London, E2 6DY, a Leasehold flat which sold for £595,000 in Aug 2023.
Read more about house prices in E2.
Our network of Estate Agents report 1 let of a property similar to 24, Grimsby Street, London within a radius of 111m over the last 2 years.
Most recently Flat 204, Opus House 62, Cheshire Street, London, E2 6EH, a Leasehold flat let by Fine Living for an undisclosed amount in Jan 2021.
Grimsby Street, London, E2 has a total of 35 addresses. According to our analysis of all the public data, 24, Grimsby Street, London is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £79k more expensive than the average property in E2.
24, Grimsby Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Jun 2023.
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 24, Grimsby Street, London is Shoreditch High Street station which is 400 m 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 24, Grimsby Street, London, 42.3% of property is privately rented and 35.0% is privately owned outright.
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 24, Grimsby Street, London, 10.1% of residents are recorded as possessing school level qualifications and 81.2% 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 24, Grimsby Street, London, the average age was 32.1 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 24, Grimsby Street, London, 5.4% 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 24, Grimsby Street, 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.