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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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The public record describes 5, Gorman Road as a mid-century apartment with 505 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
5, Gorman Road has an estimated sale value of £215,591 and an estimated rental value of £1,403 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.
5, Gorman Road has no records in the the Land Registry and a single entry in the EPC database dated August 2019.
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.
In very good condition, we estimate 5, Gorman Road would be worth £226,371, with a potential rental value of £1,473 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £200,500, with a rental value of £1,305 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 5, Gorman Road has decreased by £925 (0.4%) over the last year. During the same period, its estimated monthly rental value has grown by £65 (4.6%). The property's estimated gross yield is currently 7.8%.
5, Gorman Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Aug 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 330 metres of 5, 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.
Our analysis of the public data ranks 5, Gorman Road as the 61st largest and the 62nd most expensive of the 74 addresses on Gorman Road, London, SE18.
Against the SE18 postcode district average, it is £150k less expensive than the typical property.
Woolwich Dockyard station is the nearest stop to 5, Gorman Road at 200 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Gorman Road, 80.3% of property is socially rented and 8.7% 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 5, Gorman Road, 20.7% of residents are recorded as possessing school level qualifications and 36.7% 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 5, Gorman Road, the average age was 34.7 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 5, Gorman Road, 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 5, Gorman Road, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
