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According to the public record, 7, Gerards Close is a modern freehold house with 764 ft2 of internal area.
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 7, Gerards Close is £503,900 and the estimated rental value is £2,805 per month.
Gerards Close, London, SE16 is located in the borough of Southwark within the SE16 postal district.
7, Gerards Close has 31 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated April 2017.
We combine this information with that 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 7, Gerards Close is in very good condition we estimate a sale value of £529,095 and a rental value of £2,945 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £468,627 and a rental value of £2,609 per month.
Over the last 12 months the sale value of 7 Gerards Close has decreased by an estimated £26,005 (5.2%) and its rental value has increased by an estimated £112 per month (4.0%), giving an expected gross yield of 6.7%.
7, Gerards Close has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Apr 2017.
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, 7, Gerards Close was last sold on 31st March 2021 for £455,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since March 2021, the market for similar properties has risen 21.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Gerards Close within a radius of 440 metres over the last 2 years.
The most recent example is 19, Ablett Street, London, SE16 3BL, a freehold house which sold for £456,000 on the 28th February 2025.
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, 7, Gerards Close is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £52k 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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