According to the public record, Apartment 12, 3, Grove Place, London is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 3, Grove Place, London, SE9.
Grove Place, London, SE9 is located in the borough of Greenwich within the SE9 postal district.
Apartment 12, 3, Grove Place, London has a single entry in the Land Registry database from April 2018 and a single entry in the EPC database dated January 2018.
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 Apartment 12 3 Grove Place London as £299,513 and the rental value as £1,411 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Apartment 12 3 Grove Place London has decreased by £5,485 (1.8%) and its rental value has increased by £37 per month (2.6%).
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 Apartment 12, 3, Grove Place, London is in very good condition we estimate a sale value of £314,488 and rental value of £1,482 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,547 and a rental value of £1,313 per month.
If you were able to purchase this property for the estimated value of £299,513, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,472 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, Apartment 12, 3, Grove Place, London was last sold on 30 Apr 2018 for £299,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2018, the market for similar properties has risen 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 12, 3, Grove Place, London within a radius of 570 metres over the last 2 years.
The most recent example is Apartment 1, 3, Grove Place, London, SE9 5AN, a Leasehold flat which sold for £276,000 in Feb 2024.
Read more about house prices in SE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grove Place, London, SE9 has a total of 126 addresses. According to our analysis of all the public data, Apartment 12, 3, Grove Place, London is the 124th largest and the 110th most expensive property on the street.
When compared to the postcode district it is £156k less expensive than the average property in SE9.
Apartment 12, 3, Grove Place, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Jan 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Apartment 12, 3, Grove Place, London is Eltham 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 Apartment 12, 3, Grove Place, London, 63.9% of property is socially rented and 15.1% 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 Apartment 12, 3, Grove Place, London, 27.2% of residents are recorded as possessing school level qualifications and 35.1% 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 Apartment 12, 3, Grove Place, London, the average age was 41.4 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 Apartment 12, 3, Grove Place, 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 Apartment 12, 3, Grove Place, 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.