Flat 16 The Driftway, 182b Grove Road

    FLAT 16 THE DRIFTWAY, 182B, GROVE ROAD, LONDON, E3 5TG

    This flat/maisonette leasehold property on Grove Road last sold in July 2017 for £480,000. Based on price growth in the E3 district since then, its estimated current value is £498,459 — placing it in the 79th percentile nationally and the 63rd percentile within E3. The property covers 53 m² (570 sq ft), giving an estimated value of £9,405 per m². The EPC rating is E, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £480,000

    Jul 2017

    Estimated Valuation

    £498,459

    Est. £/sq ft

    £874/sq ft

    £9,405/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area570 sq ft (53 m²)
    EPC dateOct 2012
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Jul 2017

    £480,000

    25 Jan 2013

    £145,000

    Key Metrics

    Estimated valuation£498,459
    Value per sq ft / m²£874/sq ft (£9,405/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E3 district percentile63rd percentile
    National percentile79th percentile

    District Context — E3

    E3 covers parts of East London, sitting within the inner-city E postcode area. It is a densely populated, diverse neighbourhood with a strong rental market and a young, professional demographic.

    Average Property Price - E3

    £515,474

    82

    National percentile

    Average Net Household Income - E3

    £51,566

    91

    National percentile

    10-Year Annualised Price Growth - E3

    2.2%

    12

    National percentile

    10-Year Annualised Rent Growth - E

    3.3%

    19

    National percentile

    View full analysis for E3

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