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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Gerards Close is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 893 ft2 of internal area and sits on a 120 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Gerards Close is £546,922 and the estimated rental value is £2,975 per month.
Gerards Close, London, SE16 is located in the borough of Southwark within the SE16 postal district.
2, Gerards Close has 21 entries in the Land Registry , most recently in August 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Gerards Close is in very good condition we estimate a sale value of £574,268 and a rental value of £3,124 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £508,638 and a rental value of £2,767 per month.
Over the last 12 months the sale value of 2 Gerards Close has decreased by an estimated £28,225 (5.2%) and its rental value has increased by an estimated £118 per month (4.0%), giving an expected gross yield of 6.5%.
According to data from HM Land Registry, 2, Gerards Close sits on a plot of 120m2.
We have plot size data on 13 out of 24 other houses in the postcode and 2, Gerards Close sits on the 6th largest plot.
According to HM Land Registry, 2, Gerards Close was last sold on 19th August 2008 for £280,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2008, the market for similar properties has risen 144.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Gerards Close within a radius of 440 metres over the last 2 years.
The most recent example is 11, Credon Road, London, SE16 3AA, a freehold house which sold for £580,000 on the 22nd July 2024.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gerards Close, London, SE16 has a total of 24 addresses. According to our analysis of all the public data, 2, Gerards Close is the largest and the most expensive property on the street.
When compared to the postcode district it is £95k more expensive than the average property in SE16.
The nearest school is Ilderton Primary School which is 101 metres away. The nearest train station is South Bermondsey which is 400 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
