According to the public record, 66B, Grove Lane, London is a modern leasehold apartment with 1,108 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 66, Grove Lane, London, SE5.
Grove Lane, London, SE5 is located in the borough of Southwark within the SE5 postal district.
66B, Grove Lane, London has 2 entries in the Land Registry database, most recently in June 2016 and a single entry in the EPC database dated September 2015.
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 66B Grove Lane London as £804,884 and the rental value as £3,434 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 66B Grove Lane London has increased by £20,796 (2.6%) and its rental value has increased by £151 per month (4.4%).
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 66B, Grove Lane, London is in very good condition we estimate a sale value of £845,129 and rental value of £3,606 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £748,542 and a rental value of £3,194 per month.
If you were able to purchase this property for the estimated value of £804,884, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,956 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, 66B, Grove Lane, London was last sold on 17 Jun 2016 for £865,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2016, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 66B, Grove Lane, London within a radius of 350 metres over the last 2 years.
The most recent example is 50, Mary Datchelor House 2D, Camberwell Grove, London, SE5 8FB, a Leasehold flat which sold for £837,500 in Jul 2023.
Read more about house prices in SE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 350 metres radius of 66B, Grove Lane, London over the last 2 years.
Most recently Flat 3, Springfield House, Lettsom Street, London, SE5 8JY, a Leasehold flat let by Your Home Managed in May 2024.
Grove Lane, London, SE5 has a total of 307 addresses. According to our analysis of all the public data, 66B, Grove Lane, London is the 106th largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £289k more expensive than the average property in SE5.
66B, Grove Lane, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Sep 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 66B, Grove Lane, London is Denmark Hill station which is 400 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 66B, Grove Lane, London, 35.1% of property is privately rented and 31.4% 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 66B, Grove Lane, London, 20.3% of residents are recorded as possessing school level qualifications and 67.5% 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 66B, Grove Lane, London, the average age was 36.7 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 66B, Grove Lane, London, 1.2% 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 66B, Grove Lane, 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.