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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Gables Close is £258,523 and the estimated rental value is £1,535 per month.
Gables Close, London, SE5 is located in the borough of Southwark within the SE5 postal district.
2, Gables Close has no recent1 records in the the Land Registry and a single entry in the EPC database dated May 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 2, Gables Close is in very good condition we estimate a sale value of £271,450 and a rental value of £1,612 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,427 and a rental value of £1,428 per month.
Over the last 12 months the sale value of 2 Gables Close has decreased by an estimated £1,193 (0.5%) and its rental value has increased by an estimated £118 per month (7.7%), giving an expected gross yield of 7.1%.
2, Gables Close has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 May 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 2, Gables Close was last sold on 16th August 1999 for £59,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Gables Close within a radius of 280 metres over the last 2 years.
The most recent example is 27, Gables Close, London, SE5 7QF, a leasehold flat which sold for £304,000 on the 30th May 2025.
Read more about house prices in SE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gables Close, London, SE5 has a total of 85 addresses. According to our analysis of all the public data, 2, Gables Close is the 83rd largest and the 81st most expensive property on the street.
When compared to the postcode district it is £252k less expensive than the average property in SE5.
The nearest school is Oliver Goldsmith Primary School which is 404 metres away. The nearest train station is Denmark Hill which is 900 metres away.
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