According to the public record, 56, Grimsby Street, London is a modern freehold house and with 1,108 ft2 of internal area and sits on a 42.9 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Grimsby Street, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
56, Grimsby Street, London has a single entry in the Land Registry database from April 2014 and 2 entries in the EPC database, most recently in March 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 56 Grimsby Street London as £828,225 and the rental value as £4,338 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 56 Grimsby Street London has increased by £4,785 (0.6%) and its rental value has increased by £210 per month (4.8%).
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, Grimsby Street, London is in very good condition we estimate a sale value of £869,636 and rental value of £4,555 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £770,249 and a rental value of £4,034 per month.
If you were able to purchase this property for the estimated value of £828,225, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,070 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 data from HM Land Registry, 56, Grimsby Street, London sits on a plot of 43m2.
We have plot size data on 5 out of 5 other houses in the postcode and 56, Grimsby Street, London sits on the 5th largest plot.
According to HM Land Registry, 56, Grimsby Street, London was last sold on 24 Apr 2014 for £690,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2014, the market for similar properties has risen 19.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Grimsby Street, London within a radius of 182m over the last 2 years.
The most recent example is 43, Chilton Street, London, E2 6DZ, a Freehold house which sold for £775,000 in Jul 2023.
Read more about house prices in E2.
Our network of Estate Agents report 2 lets within a 236m radius of 56, Grimsby Street, London over the last 2 years.
Most recently 45, Fuller Close, London, E2 6DX, a Leasehold flat let by Saint Andrews Bureau for an undisclosed amount in Dec 2023.
Grimsby Street, London, E2 has a total of 35 addresses. According to our analysis of all the public data, 56, Grimsby Street, London is the 6th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £317k more expensive than the average property in E2.
56, Grimsby Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Mar 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to 56, 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 56, 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 56, 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 56, 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 56, 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 56, 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.