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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
According to the public record, Flat 4, The Gallery 38 is a period leasehold apartment with 1,528 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 4, The Gallery 38 is £1,233,893 and the estimated rental value is £6,116 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.
Flat 4, The Gallery 38 has 31 entries in the Land Registry , most recently in May 2014 and a single entry in the EPC database dated September 2023.
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 Flat 4, The Gallery 38 is in very good condition we estimate a sale value of £1,295,587 and a rental value of £6,422 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,147,520 and a rental value of £5,688 per month.
Over the past 12 months, the estimated sale value of Flat 4, The Gallery 38 has fallen by £3,229 (0.3%), while its estimated rental value has moved up by £363 per month (5.9%). Based on current estimates, the property offers a gross rental yield of 5.9%.
Flat 4, The Gallery 38 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Sep 2023.
The property is not connected to mains gas and has fully triple glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 4, The Gallery 38 was last sold on 29th May 2014 for £990,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2014, the market for similar properties has dropped by 16.5%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, The Gallery 38 within a radius of 560 metres over the last 2 years.
The most recent example is Flat 49, Sir John Lyon House 8, High Timber Street, London, EC4V 3PA, a leasehold flat which sold for £2,450,000 on the 13th January 2023.
Read more about house prices in EC4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ludgate Hill, London, EC4 has a total of 26 addresses. According to our analysis of all the public data, Flat 4, The Gallery 38 is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £590k more expensive than the average property in EC4.
The closest station to Flat 4, The Gallery 38 is City Thameslink station, which is 100 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, The Gallery 38, 66.5% of property is privately rented and 22.4% is privately owned outright.
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 Flat 4, The Gallery 38, 18.7% of residents are recorded as possessing school level qualifications and 68.2% 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 Flat 4, The Gallery 38, the average age was 40.7 and the most common age was 27.
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 Flat 4, The Gallery 38, 3.5% 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 Flat 4, The Gallery 38, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
