According to the public record, Flat 2, 351, Grove Green Road, London is a period leasehold apartment with 925 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 351, Grove Green Road, London, E11.
Grove Green Road, London, E11 is located in the borough of Waltham Forest within the E11 postal district.
Flat 2, 351, Grove Green Road, London has a single entry in the Land Registry database from May 2007 and a single entry in the EPC database dated October 2020.
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 2 351 Grove Green Road London as £419,829 and the rental value as £2,116 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 2 351 Grove Green Road London has increased by £16,218 (3.9%) and its rental value has increased by £101 per month (4.8%).
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 2, 351, Grove Green Road, London is in very good condition we estimate a sale value of £440,820 and rental value of £2,222 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £390,441 and a rental value of £1,968 per month.
If you were able to purchase this property for the estimated value of £419,829, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,063 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 2, 351, Grove Green Road, London was last sold on 03 May 2007 for £249,999 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2007, the market for similar properties has risen 85.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 351, Grove Green Road, London within a radius of 360 metres over the last 2 years.
The most recent example is Flat 2, 381, Grove Green Road, London, E11 4AQ, a Leasehold flat which sold for £387,500 in Jan 2024.
Read more about house prices in E11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grove Green Road, London, E11 has a total of 472 addresses. According to our analysis of all the public data, Flat 2, 351, Grove Green Road, London is the 207th largest and the 266th most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in E11.
Flat 2, 351, Grove Green Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Oct 2020.
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 Flat 2, 351, Grove Green Road, London is Leytonstone High Road 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 2, 351, Grove Green Road, London, 58.2% of property is privately rented and 17.7% 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 Flat 2, 351, Grove Green Road, London, 20.4% of residents are recorded as possessing school level qualifications and 46.0% 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 2, 351, Grove Green Road, London, the average age was 35.5 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 Flat 2, 351, Grove Green Road, London, 1.1% 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 2, 351, Grove Green Road, 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.