According to the public record, Flat 18, Grove Court 24, London is a period leasehold apartment with 882 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Grove Court, Grove End Road, London, NW8.
Grove End Road, London, NW8 is located in the borough of City of Westminster within the NW8 postal district.
Flat 18, Grove Court 24, London has 21 entries in the Land Registry database, most recently in February 2007 and a single entry in the EPC database dated July 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 Flat 18 Grove Court 24 London as £910,744 and the rental value as £4,168 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 18 Grove Court 24 London has decreased by £16,428 (1.8%) and its rental value has increased by £271 per month (6.5%).
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 Flat 18, Grove Court 24, London is in very good condition we estimate a sale value of £956,281 and rental value of £4,376 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £846,992 and a rental value of £3,876 per month.
If you were able to purchase this property for the estimated value of £910,744, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,476 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, Flat 18, Grove Court 24, London was last sold on 28 Feb 2007 for £575,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2007, the market for similar properties has risen 78.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 18, Grove Court 24, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 42, Circus Lodge, Circus Road, London, NW8 9JN, a Leasehold flat which sold for £915,000 in Nov 2022.
Read more about house prices in NW8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grove End Road, London, NW8 has a total of 903 addresses. According to our analysis of all the public data, Flat 18, Grove Court 24, London is the 211th largest and the 209th most expensive property on the street.
When compared to the postcode district it is £379k less expensive than the average property in NW8.
Flat 18, Grove Court 24, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jul 2021.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 18, Grove Court 24, London is St John's Wood 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 Flat 18, Grove Court 24, London, 67.0% of property is privately rented and 24.0% 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 Flat 18, Grove Court 24, London, 21.6% of residents are recorded as possessing school level qualifications and 69.1% 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 Flat 18, Grove Court 24, London, the average age was 40.4 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 Flat 18, Grove Court 24, London, 4.7% 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 Flat 18, Grove Court 24, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.