According to the public record, 31, Forest Grove, London is a early-century leasehold apartment and with 1,001 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Forest Grove, London, E8 is located in the borough of Hackney within the E8 postal district.
31, Forest Grove, London has 2 entries in the Land Registry database, most recently in November 2021 and a single entry in the EPC database dated January 2015.
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 31 Forest Grove London as £718,867 and the rental value as £3,741 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 31 Forest Grove London has increased by £11,098 (1.5%) and its rental value has increased by £237 per month (6.3%).
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 31, Forest Grove, London is in very good condition we estimate a sale value of £754,811 and rental value of £3,928 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £668,546 and a rental value of £3,479 per month.
If you were able to purchase this property for the estimated value of £718,867, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,533 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, 31, Forest Grove, London was last sold on 08 Nov 2021 for £685,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2021, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Forest Grove, London within a radius of 117m over the last 2 years.
The most recent example is Flat 40, Zest House, Beechwood Road, London, E8 3FQ, a Leasehold flat which sold for £825,000 in Oct 2023.
Read more about house prices in E8.
Our network of Estate Agents report 1 let within a 190m radius of 31, Forest Grove, London over the last 2 years.
Most recently 379, Queensbridge Road, London, E8 3LH, a Leasehold flat let by Fine Living for an undisclosed amount in Aug 2021.
Forest Grove, London, E8 has a total of 44 addresses. According to our analysis of all the public data, 31, Forest Grove, London is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £80k more expensive than the average property in E8.
31, Forest Grove, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Jan 2015.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 31, Forest Grove, London is Dalston Junction station which is 300 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 31, Forest Grove, London, 58.6% of property is socially rented and 16.4% 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 31, Forest Grove, London, 25.2% of residents are recorded as possessing school level qualifications and 41.7% 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 31, Forest Grove, London, the average age was 37 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 31, Forest Grove, 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 31, Forest Grove, 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.