According to the public record, Flat 6, 140-142, The Grove, London is a modern leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 140-142, The Grove, London, E15.
The Grove, London, E15 is located in the borough of Newham within the E15 postal district.
Flat 6, 140-142, The Grove, London has a single entry in the Land Registry database from December 2019 and a single entry in the EPC database dated August 2019.
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 6 140-142 The Grove London as £330,824 and the rental value as £2,227 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of Flat 6 140-142 The Grove London has increased by £5,462 (1.7%) and its rental value has increased by £78 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 6, 140-142, The Grove, London is in very good condition we estimate a sale value of £347,365 and rental value of £2,338 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £307,666 and a rental value of £2,071 per month.
If you were able to purchase this property for the estimated value of £330,824, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,626 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 6, 140-142, The Grove, London was last sold on 20 Dec 2019 for £405,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 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 6, 140-142, The Grove, London within a radius of 320 metres over the last 2 years.
The most recent example is 15, Estella Apartments 20, Grove Crescent Road, London, E15 1AQ, a Leasehold flat which sold for £360,000 in Jul 2023.
Read more about house prices in E15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Grove, London, E15 has a total of 113 addresses. According to our analysis of all the public data, Flat 6, 140-142, The Grove, London is the 56th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £108k less expensive than the average property in E15.
Flat 6, 140-142, The Grove, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Aug 2019.
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 6, 140-142, The Grove, London is Maryland station which is 200 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 6, 140-142, The Grove, London, 76.3% of property is socially rented and 9.7% is privately rented.
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 6, 140-142, The Grove, London, 27.5% of residents are recorded as possessing school level qualifications and 39.1% 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 6, 140-142, The Grove, London, the average age was 33.6 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 6, 140-142, The Grove, London, 0.0% 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 6, 140-142, The Grove, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.