Flat 7, The Gallery 38
Flat 7, The Gallery 38
Description & Estimates
Flat 7, The Gallery 38 is recorded publicly as a period leasehold apartment across 904 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 7, The Gallery 38 is £822,381 and its rental estimate is £4,049 per month, given the available information and assuming reasonable condition.
The Gallery, Ludgate Hill is a residential building on Ludgate Hill, London, EC4 and falls within the EC4 postal district and the London Borough of City and County of the City of London.
Our Data Sources
Flat 7, The Gallery 38 has 41 entries in the Land Registry , most recently in February 2022 and a single entry in the EPC database dated June 2021.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 7, The Gallery 38, we estimate a market value of £863,500 and a rental value of £4,252 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £764,814 and £3,766 per month respectively.
Recent Market Change
Over the last year, Flat 7, The Gallery 38 has seen its estimated sale value fall by £11,899 (1.4%) and its estimated rental value move up by £224 per month (5.5%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
Flat 7, The Gallery 38 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jun 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 7, The Gallery 38 completed on 14th February 2022 at £980,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 5.1% over the period since February 2022.
- Sold Feb 2022£980,000
- Sold Nov 2014£960,000
- Sold Oct 2006£520,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 7, The Gallery 38 have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th March 2024, was Flat 11, Wesley House 5, Little Britain, London, EC1A 7BX, a leasehold flat which sold for £760,000.
Read more about house prices in EC4.
- Sold Mar 2024£760,000 | 2 Bed FlatWesley House 5, Little BritainFlat 11, Wesley House 5, Little Britain, London, EC1A 7BX
- Sold Apr 2019£490,000 | 3 Bed FlatPriory House 5, Friar StreetFlat 1, Priory House 5, Friar Street, London, EC4V 5DT
- Sold Sep 2015£955,000 | 2 Bed FlatThe Gallery 38, Ludgate HillFlat 13, 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
Of the 26 addresses on Ludgate Hill, London, EC4, Flat 7, The Gallery 38 comes out as the 16th largest and the 16th most expensive in our analysis of the public data.
It is also £179k more expensive than the average property across the EC4 district.
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
From Flat 7, The Gallery 38, the nearest station is City Thameslink, 100 metres away.
- 100mCity Thameslink
- 300mLondon Blackfriars
- 300mSt Paul's
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
