According to the public record, 228A, Grange Road, London is a period leasehold apartment with 871 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 228, Grange Road, London, E13.
Grange Road, London, E13 is located in the borough of Newham within the E13 postal district.
228A, Grange Road, London has 31 entries in the Land Registry database, most recently in October 2021 and a single entry in the EPC database dated February 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 228A Grange Road London as £323,668 and the rental value as £1,896 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 228A Grange Road London has increased by £5,987 (1.8%) and its rental value has increased by £67 per month (3.5%).
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 228A, Grange Road, London is in very good condition we estimate a sale value of £339,852 and rental value of £1,991 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £301,011 and a rental value of £1,763 per month.
If you were able to purchase this property for the estimated value of £323,668, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,591 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, 228A, Grange Road, London was last sold on 26 Oct 2021 for £315,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2021, the market for similar properties has risen 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 228A, Grange Road, London within a radius of 440 metres over the last 2 years.
The most recent example is Flat 25, Park Vista Apartments 250, Hermit Road, London, E16 4LG, a Leasehold flat which sold for £232,500 in Mar 2024.
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, 228A, Grange Road, London is the 172nd largest and the 213th most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in E13.
228A, Grange Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Feb 2014.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 228A, Grange Road, London is Plaistow station which is 600 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 228A, Grange Road, London, 40.1% of property is privately rented and 28.2% is privately owned with a mortgage.
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 228A, Grange Road, London, 21.0% of residents are recorded as possessing school level qualifications and 44.6% 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 228A, Grange Road, London, the average age was 34.7 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 228A, Grange Road, London, 0.3% 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 228A, Grange Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.