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According to the public record, 3, Gerards Close is a modern house with 871 ft2 of internal area and sits on a 147 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Gerards Close is £539,819 and the estimated rental value is £2,948 per month.
Gerards Close, London, SE16 is located in the borough of Southwark within the SE16 postal district.
3, Gerards Close has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2024.
We combine this information with public data of neighbouring properties to estimate the property 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 3, Gerards Close is in very good condition we estimate a sale value of £566,810 and a rental value of £3,096 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £502,032 and a rental value of £2,742 per month.
Over the last 12 months the sale value of 3 Gerards Close has decreased by an estimated £27,859 (5.2%) and its rental value has increased by an estimated £117 per month (4.0%), giving an expected gross yield of 6.6%.
According to data from HM Land Registry, 3, Gerards Close sits on a plot of 147m2.
We have plot size data on 13 out of 24 other houses in the postcode and 3, Gerards Close sits on the 4th largest plot.
3, Gerards Close has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jul 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Gerards Close was last sold on 28th November 2003 for £149,000 and was recorded as a freehold house.
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 3, 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, 3, Gerards Close is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £87k 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.
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