According to the public record, 56, Granby Street, London is a mid-century leasehold apartment and with 882 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Granby Street, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
56, Granby Street, London has 41 entries in the Land Registry database, most recently in June 2021 and 2 entries in the EPC database, most recently in December 2014.
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 56 Granby Street London as £497,466 and the rental value as £2,780 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 56 Granby Street London has increased by £715 (0.1%) and its rental value has increased by £109 per month (3.9%).
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 56, Granby Street, London is in very good condition we estimate a sale value of £522,340 and rental value of £2,920 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £462,644 and a rental value of £2,586 per month.
If you were able to purchase this property for the estimated value of £497,466, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,445 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, 56, Granby Street, London was last sold on 25 Jun 2021 for £530,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jun 2021, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Granby Street, London within a radius of 137m over the last 2 years.
The most recent example is 14, Goldman Close, London, E2 6EF, a Leasehold flat which sold for £502,000 in May 2024.
Read more about house prices in E2.
Our network of Estate Agents report 1 let of a property similar to 56, Granby Street, London within a radius of 218m 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.
Granby Street, London, E2 has a total of 184 addresses. According to our analysis of all the public data, 56, Granby Street, London is the 47th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in E2.
56, Granby Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Dec 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 56, Granby Street, London is Shoreditch High Street station which is 500 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 56, Granby Street, London, 37.5% of property is socially rented and 35.0% 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 56, Granby Street, London, 17.4% of residents are recorded as possessing school level qualifications and 34.3% 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 56, Granby 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 56, Granby Street, 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 56, Granby 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.