48 Grovelands Close, London, SE5 8JN is a leasehold flat built between 2003-2006. The property offers approximately 420 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £264,297 , which equates to approximately £630 per square foot. It was last sold on 27 Nov 2000 for £85,000. Since then, the value has increased by £179,297, representing a 210.9% increase, or approximately 8.4% per year.

The current estimated value of £264,297 is:

  • 33.0% lower than the average property price on Grovelands Close
  • 31.3% lower than the average in the SE5 8JN postcode area
  • and 69.8% lower than the average price for London as a whole

At the most recent EPC inspection on 25 January 2024, the property was recorded as rented.

View sold house prices in SE5 8JN

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
420 sq ft
Tenure
Leasehold
Price (estimate)
£264,297
Price Per sq ft (estimate)
£630
Bedroom Count (estimate)
1 bedroom

EPC Summary

48 Grovelands Close, London, Southwark, Greater London, SE5 8JN has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 25 Jan 2024.

This property uses electric room heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are single glazed.

The previous EPC assessment was conducted on 4 Nov 2013, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 12.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric ceiling heating, electric to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric instantaneous at point of use, with its energy efficiency changing from average to very poor.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE5 8JN

46 th / 47
Price Rank
31% lower than average
31 st / 38
Size Rank
20% smaller than average
29 th / 38
Price Per Sq FT Rank
15% lower than average

Compared to other properties in SE5 8JN , this flat's estimated value ranks 46th out of 47. Based on price per square foot, it ranks 29th out of 38 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 31th out of 38 properties in its postcode area.

Sale History

Today
£264,297
streetscan.co.uk estimate
+211 %
27 Nov 2000
£85,000
Leasehold

Area Insights

Similar Properties Sold Nearby

31 Grovelands Close, London, SE5 8JN
rooms: 3
size: 366 sq ft
sale price: £250,000
sale date: 15 Dec 2023
3 Grovelands Close, London, SE5 8JN
rooms: 2
size: 420 sq ft
sale price: £210,000
sale date: 3 Jun 2019
29 Grovelands Close, London, SE5 8JN
rooms: 2
size: 366 sq ft
sale price: £195,000
sale date: 16 Aug 2013
2 Grovelands Close, London, SE5 8JN
rooms: 2
size: 398 sq ft
sale price: £165,000
sale date: 28 Sep 2012
12 Grovelands Close, London, SE5 8JN
rooms: 3
size: 388 sq ft
sale price: £125,000
sale date: 13 May 2009

Data Sources

The property at 48 Grovelands Close, London, Southwark, Greater London, SE5 8JN appears once in the Land Registry records, with the transaction recorded on 27 Nov 2000. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Jan 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
↑