According to the public record, 35B, Park Grove, London is a period leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 35, Park Grove, London, E15.
Park Grove, London, E15 is located in the borough of Newham within the E15 postal district.
35B, Park Grove, London has 31 entries in the Land Registry database, most recently in April 2021 and a single entry in the EPC database dated April 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 35B Park Grove London as £260,805 and the rental value as £1,788 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 35B Park Grove London has increased by £7,318 (2.8%) and its rental value has increased by £78 per month (4.3%).
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 35B, Park Grove, London is in very good condition we estimate a sale value of £273,846 and rental value of £1,877 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £242,549 and a rental value of £1,663 per month.
If you were able to purchase this property for the estimated value of £260,805, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,282 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, 35B, Park Grove, London was last sold on 19 Apr 2021 for £210,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2021, the market for similar properties has risen 5.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35B, Park Grove, London within a radius of 360 metres over the last 2 years.
The most recent example is 64A, Selwyn Road, London, E13 0PY, a Leasehold flat which sold for £305,000 in Aug 2021.
Read more about house prices in E15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Grove, London, E15 has a total of 126 addresses. According to our analysis of all the public data, 35B, Park Grove, London is the 96th largest and the 68th most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in E15.
35B, Park Grove, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Apr 2018.
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 35B, Park Grove, London is Plaistow station which is 500 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 35B, Park Grove, London, 31.5% of property is privately owned with a mortgage and 27.4% is socially 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 35B, Park Grove, London, 20.2% of residents are recorded as possessing school level qualifications and 49.2% 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 35B, Park Grove, London, the average age was 34.9 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 35B, Park Grove, London, 2.2% 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 35B, Park Grove, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.