Flat 5, Gilray House
Flat 5, Gilray House
Description & Estimates
Public records show Flat 5, Gilray House to be a mid-century leasehold apartment with 914 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 5, Gilray House has an estimated sale value of £736,396 and an estimated rental value of £3,796 per month, assuming reasonable condition and based on the information available.
The apartment sits within Gilray House, Gloucester Terrace, London, W2.
Gloucester Terrace, London, W2 lies in the borough of City of Westminster, within the W2 postal district.
Our Data Sources
Flat 5, Gilray House has 31 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated October 2020.
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.
Price Range & Condition
In very good condition, we estimate Flat 5, Gilray House would be worth £773,215, with a potential rental value of £3,986 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £684,848, with a rental value of £3,531 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 5, Gilray House has decreased by £7,522 (1.0%) over the last year. During the same period, its estimated monthly rental value has grown by £217 (5.7%). The property's estimated gross yield is currently 6.2%.
Energy Efficiency
Flat 5, Gilray House has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Oct 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
Flat 5, Gilray House last changed hands on 8th December 2020, selling for £815,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 1.0% since December 2020.
- Sold Dec 2020£815,000
- Sold Aug 1998£249,750
- Sold Aug 1998£249,750
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 280 metres of Flat 5, Gilray House across the last 2 years.
Most recently, Flat 14, Gilray House, Gloucester Terrace, London, W2 3DF, a leasehold flat, sold at £590,000 on the 21st January 2025.
Read more about house prices in W2.
- Sold Jan 2025£590,000 | 2 Bed FlatGilray House, Gloucester TerraceFlat 14, Gilray House, Gloucester Terrace, London, W2 3DF
- Sold Mar 2024£962,000 | 3 Bed FlatCarroll House, Craven TerraceFlat 14, Carroll House, Craven Terrace, London, W2 3PP
- Sold Aug 2023£925,000 | 2 Bed FlatGilray House, Gloucester TerraceFlat 26, Gilray House, Gloucester Terrace, London, W2 3DF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 5, Gilray House as the 181st largest and the 337th most expensive of the 1258 addresses on Gloucester Terrace, London, W2.
Against the W2 postcode district average, it is £335k less expensive than the typical property.
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Schools Nearby
- 200mSt James & St John Church of England Primary School
- 700mHallfield Primary School
- 1.0kmHampden Gurney CofE Primary School
- 700mMarylebone Boys' School
- 1.5kmWestminster Academy
- 1.8kmPaddington Academy
More reading links
Public Transport Nearby
Lancaster Gate station is the nearest stop to Flat 5, Gilray House at 100 metres away.
- 100mLancaster Gate
- 400mPaddington
- 500mLondon Paddington
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
