According to the public record, 8A, Gellatly Road, London is a period leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 8, Gellatly Road, London, SE14.
Gellatly Road, London, SE14 is located in the borough of Lewisham within the SE14 postal district.
8A, Gellatly Road, London has 61 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated August 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8A Gellatly Road London as £408,960 and the rental value as £1,973 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 8A Gellatly Road London has increased by £9,128 (2.2%) and its rental value has increased by £107 per month (5.4%).
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 8A, Gellatly Road, London is in very good condition we estimate a sale value of £429,408 and rental value of £2,071 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £380,332 and a rental value of £1,834 per month.
If you were able to purchase this property for the estimated value of £408,960, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,010 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 8A, Gellatly Road, London was last sold on 22 Jun 2022 for £442,500 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Jun 2022, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8A, Gellatly Road, London within a radius of 340 metres over the last 2 years.
The most recent example is 96B, Waller Road, London, SE14 5LY, a Leasehold flat which sold for £375,000 in Jan 2023.
Read more about house prices in SE14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gellatly Road, London, SE14 has a total of 118 addresses. According to our analysis of all the public data, 8A, Gellatly Road, London is the 108th largest and the 103rd most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in SE14.
8A, Gellatly Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Aug 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 8A, Gellatly Road, London is Nunhead station which is 200 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8A, Gellatly Road, London, 32.1% of property is socially rented and 31.3% is privately owned with a mortgage.
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 8A, Gellatly Road, London, 23.5% of residents are recorded as possessing school level qualifications and 51.9% 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 8A, Gellatly Road, London, the average age was 36.3 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 8A, Gellatly Road, London, 1.4% 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 8A, Gellatly Road, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.