Flat 16, The Gallery 38
Flat 16, The Gallery 38
Description & Estimates
According to the public record, Flat 16, The Gallery 38 is a period leasehold apartment with 1,022 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 16, The Gallery 38 is £912,234 and the estimated rental value is £4,551 per month.
The apartment is within The Gallery, Ludgate Hill, London, EC4.
Ludgate Hill, London, EC4 is located in the borough of City and County of the City of London within the EC4 postal district.
Our Data Sources
Flat 16, The Gallery 38 has 31 entries in the Land Registry , most recently in December 2013 and a single entry in the EPC database dated November 2010.
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.
Price Range & Condition
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 Flat 16, The Gallery 38 is in very good condition we estimate a sale value of £957,846 and a rental value of £4,779 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £848,378 and a rental value of £4,233 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 16, The Gallery 38 has decreased by £2,387 (0.3%), while its estimated rental value has grown by £270 per month (5.9%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Energy Efficiency
Flat 16, The Gallery 38 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Nov 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, Flat 16, The Gallery 38 was last sold on 19th December 2013 for £815,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since December 2013, the market for similar properties has dropped by 9.5%.
- Sold Dec 2013£815,000
- Sold Mar 2011£620,000
- Sold Mar 1998£280,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 16, The Gallery 38 within a radius of 560 metres over the last 2 years.
The most recent example is Flat 7, The Gallery 38, Ludgate Hill, London, EC4M 7DE, a leasehold flat which sold for £980,000 on the 14th February 2022.
Read more about house prices in EC4.
- Sold Feb 2022£980,000 | 2 Bed FlatThe Gallery 38, Ludgate HillFlat 7, The Gallery 38, Ludgate Hill, London, EC4M 7DE
- Sold Aug 2016£925,000 | 3 Bed Flat77, Carter LaneFlat 7, 77, Carter Lane, London, EC4V 5EP
- Sold May 2015£970,000 | 3 Bed FlatThe Gallery 38, Ludgate HillFlat 5, The Gallery 38, Ludgate Hill, London, EC4M 7DE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Ludgate Hill, London, EC4 has a total of 26 addresses. According to our analysis of all the public data, Flat 16, The Gallery 38 is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £268k more expensive than the average property in EC4.
More reading links
Schools Nearby
- 900mSt Alban's Church of England Primary School
- 1.0kmPrior Weston Primary School and Children's Centre
- 1.1kmCity of London Primary Academy, Islington
- 1.0kmLondon Nautical, City of London Academy
- 1.4kmHaberdashers' Borough Academy
- 1.7kmCentral Foundation Boys' School
More reading links
Public Transport Nearby
The closest station to Flat 16, The Gallery 38 is City Thameslink station, which is 100 metres away.
- 100mCity Thameslink
- 300mLondon Blackfriars
- 300mSt Paul's
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
