According to the public record, Flat 47, Grove Court 24, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 801 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
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 47, Grove Court 24, London has 31 entries in the Land Registry database, most recently in April 2007 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 47 Grove Court 24 London as £831,465 and the rental value as £3,747 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 47 Grove Court 24 London has decreased by £8,996 (1.1%) and its rental value has increased by £273 per month (7.3%).
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 Flat 47, Grove Court 24, London is in very good condition we estimate a sale value of £873,039 and rental value of £3,934 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £773,263 and a rental value of £3,484 per month.
If you were able to purchase this property for the estimated value of £831,465, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,086 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 47, Grove Court 24, London was last sold on 20 Apr 2007 for £525,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2007, the market for similar properties has risen 63.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 47, Grove Court 24, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 14, Circus Lodge, Circus Road, London, NW8 9JL, a Leasehold flat which sold for £850,000 in Jun 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 47, Grove Court 24, London is the 265th largest and the 243rd most expensive property on the street.
When compared to the postcode district it is £458k less expensive than the average property in NW8.
The closest station to Flat 47, Grove Court 24, London is St John's Wood 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 Flat 47, Grove Court 24, London, 67.0% of property is privately rented and 17.4% 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 47, Grove Court 24, London, 15.4% of residents are recorded as possessing school level qualifications and 79.5% 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 47, 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 47, Grove Court 24, London, 2.3% 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 47, 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.