According to the public record, Flat 3, 5, Essex Grove, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 895 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 5, Essex Grove, London, SE19.
Essex Grove, London, SE19 is located in the borough of Croydon within the SE19 postal district.
Flat 3, 5, Essex Grove, London has a single entry in the Land Registry database from November 2019 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 3 5 Essex Grove London as £441,315 and the rental value as £2,127 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 3 5 Essex Grove London has increased by £7,692 (1.7%) and its rental value has increased by £75 per month (3.5%).
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 3, 5, Essex Grove, London is in very good condition we estimate a sale value of £463,381 and rental value of £2,234 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £410,423 and a rental value of £1,979 per month.
If you were able to purchase this property for the estimated value of £441,315, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,169 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 3, 5, Essex Grove, London was last sold on 20 Nov 2019 for £472,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2019, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 5, Essex Grove, London within a radius of 370 metres over the last 2 years.
The most recent example is Flat 1, 10, Lunham Road, London, SE19 1AA, a Leasehold flat which sold for £430,000 in Jun 2023.
Read more about house prices in SE19.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 370 metres radius of Flat 3, 5, Essex Grove, London over the last 2 years.
Most recently 7, Bankside Way, London, SE19 1HT, a Leasehold flat let by Orlando Reid in Mar 2023.
Essex Grove, London, SE19 has a total of 62 addresses. According to our analysis of all the public data, Flat 3, 5, Essex Grove, London is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £33k less expensive than the average property in SE19.
The closest station to Flat 3, 5, Essex Grove, London is Gipsy Hill 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 Flat 3, 5, Essex Grove, London, 40.9% of property is privately rented and 31.3% 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 3, 5, Essex Grove, London, 13.0% of residents are recorded as possessing school level qualifications and 64.5% 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 Flat 3, 5, Essex Grove, London, the average age was 37.6 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 3, 5, Essex Grove, London, 2.7% 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 3, 5, Essex Grove, 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.