According to the public record, 48A , Grovelands Road, London is a early-century leasehold apartment with 1,485 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Grovelands Road, London, N13 is located in the borough of Enfield within the N13 postal district.
48A , Grovelands Road, London has 31 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated March 2021.
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 48A Grovelands Road London as £762,656 and the rental value as £3,130 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 48A Grovelands Road London has increased by £13,322 (1.7%) and its rental value has increased by £200 per month (6.4%).
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 48A , Grovelands Road, London is in very good condition we estimate a sale value of £800,788 and rental value of £3,286 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £709,270 and a rental value of £2,911 per month.
If you were able to purchase this property for the estimated value of £762,656, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,748 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, 48A , Grovelands Road, London was last sold on 28 Sep 2021 for £700,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2021, the market for similar properties has risen 0.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 48A , Grovelands Road, London within a radius of 430 metres over the last 2 years.
The most recent example is 46A , Grovelands Road, London, N13 4RH, a Leasehold flat which sold for £275,000 in Apr 2009.
Read more about house prices in N13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grovelands Road, London, N13 has a total of 108 addresses. According to our analysis of all the public data, 48A , Grovelands Road, London is the 45th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £216k more expensive than the average property in N13.
48A , Grovelands Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Mar 2021.
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 48A , Grovelands Road, London is Palmers Green station which is 200 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 48A , Grovelands Road, London, 35.9% of property is privately owned with a mortgage and 31.1% 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 48A , Grovelands Road, London, 17.3% of residents are recorded as possessing school level qualifications and 55.4% 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 48A , Grovelands Road, London, the average age was 39.9 and the most common age was 42.
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 48A , Grovelands Road, London, 0.7% 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 48A , Grovelands Road, London, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.