41, Gorman Road
41, Gorman Road
Description & Estimates
The public record describes 41, Gorman Road as a mid-century apartment with 516 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
41, Gorman Road has an estimated sale value of £217,935 and an estimated rental value of £1,415 per month, assuming reasonable condition and based on the information available.
Gorman Road, London, SE18 lies in the borough of Greenwich, within the SE18 postal district.
Our Data Sources
41, Gorman Road has no records in the the Land Registry and a single entry in the EPC database dated September 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 41, Gorman Road would be worth £228,831, with a potential rental value of £1,485 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £202,679, with a rental value of £1,316 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 41, Gorman Road has dropped by £935 (0.4%) over the last year. During the same period, its estimated monthly rental value has risen by £66 (4.6%). The property's estimated gross yield is currently 7.8%.
Energy Efficiency
41, Gorman Road has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Sep 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 320 metres of 41, Gorman Road across the last 2 years.
Most recently, 33, Gorman Road, London, SE18 5SA, a leasehold flat, sold at £215,000 on the 28th August 2024.
Read more about house prices in SE18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 41, Gorman Road as the 53rd largest and the 54th most expensive of the 74 addresses on Gorman Road, London, SE18.
Against the SE18 postcode district average, it is £147k less expensive than the typical property.
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Schools Nearby
- 300mCardwell Primary School
- 300mMulgrave Primary School
- 500mWoodhill Primary School
- 900mRoyal Greenwich Trust School
- 2.0kmArk Greenwich Free School
- 2.1kmPlumstead Manor School
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Public Transport Nearby
Woolwich Dockyard station is the nearest stop to 41, Gorman Road at 200 metres away.
- 200mWoolwich Dockyard
- 800mWoolwich Arsenal
- 1.0kmWoolwich
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
