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16, Gibbs Square is recorded publicly as an early-century leasehold apartment across 828 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 16, Gibbs Square is £411,433 and its rental estimate is £2,101 per month, given the available information and assuming reasonable condition.
Gibbs Square, London, SE19 falls within the SE19 postal district, in the borough of Lambeth.
16, Gibbs Square has 31 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated April 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 16, Gibbs Square, we estimate a market value of £432,004 and a rental value of £2,206 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £382,633 and £1,954 per month respectively.
Over the last year, 16, Gibbs Square has seen its estimated sale value drop by £5,682 (1.4%) and its estimated rental value rise by £61 per month (2.9%). This results in an estimated gross rental yield of 6.1%.
16, Gibbs Square has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Apr 2014.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 16, Gibbs Square completed on 30th June 2023 at £412,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 10.2% over the period since June 2023.
Over the past 2 years 3 properties similar to 16, Gibbs Square have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th May 2021, was 37, Durning Road, London, SE19 1JP, a leasehold flat which sold for £421,000.
Read more about house prices in SE19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 29 addresses on Gibbs Square, London, SE19, 16, Gibbs Square comes out as the 16th largest and the 22nd most expensive in our analysis of the public data.
It is also £71k less expensive than the average property across the SE19 district.
From 16, Gibbs Square, the nearest station is Gipsy Hill, 600 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Gibbs Square, 41.9% of property is socially rented and 28.2% 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 16, Gibbs Square, 23.7% of residents are recorded as possessing school level qualifications and 34.7% 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 16, Gibbs Square, the average age was 36.6 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 16, Gibbs Square, 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 16, Gibbs Square, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.