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According to the public record, 8, Onega Gate is a modern leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Onega Gate is £383,635 and the estimated rental value is £2,186 per month.
Onega Gate, London, SE16 is located in the borough of Southwark within the SE16 postal district.
8, Onega Gate has 21 entries in the Land Registry , most recently in May 2018 and a single entry in the EPC database dated June 2015.
We combine this information with that 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.
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 8, Onega Gate is in very good condition we estimate a sale value of £402,816 and a rental value of £2,295 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £356,780 and a rental value of £2,033 per month.
Over the last 12 months the sale value of 8 Onega Gate has decreased by an estimated £11,090 (2.9%) and its rental value has increased by an estimated £146 per month (6.7%), giving an expected gross yield of 6.8%.
8, Onega Gate has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 17 Jun 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric ceiling heating.
According to HM Land Registry, 8, Onega Gate was last sold on 25th May 2018 for £377,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2018, the market for similar properties has dropped 22.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Onega Gate within a radius of 350 metres over the last 2 years.
The most recent example is 11, Onega Gate, London, SE16 7PR, a leasehold flat which sold for £418,500 on the 1st August 2024.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Onega Gate, London, SE16 has a total of 25 addresses. According to our analysis of all the public data, 8, Onega Gate is the 13th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in SE16.
The nearest school is Alfred Salter Primary School which is 575 metres away. The nearest train station is Surrey Quays which is 700 metres away.
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