According to the public record, Apartment 403, 1D, Gibson Road, London is a modern leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 1D, Gibson Road, London, SE11.
Gibson Road, London, SE11 is located in the borough of Lambeth within the SE11 postal district.
Apartment 403, 1D, Gibson Road, London has a single entry in the Land Registry database from July 2015 and a single entry in the EPC database dated June 2015.
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 Apartment 403 1D Gibson Road London as £429,345 and the rental value as £2,160 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Apartment 403 1D Gibson Road London has increased by £7,259 (1.7%) and its rental value has increased by £109 per month (5.0%).
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 Apartment 403, 1D, Gibson Road, London is in very good condition we estimate a sale value of £450,812 and rental value of £2,268 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £399,291 and a rental value of £2,009 per month.
If you were able to purchase this property for the estimated value of £429,345, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,110 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, Apartment 403, 1D, Gibson Road, London was last sold on 14 Jul 2015 for £427,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2015, the market for similar properties has risen 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 403, 1D, Gibson Road, London within a radius of 300 metres over the last 2 years.
The most recent example is Apartment 106, 1D, Gibson Road, London, SE11 6PU, a Leasehold flat which sold for £113,750 in Jul 2019.
Read more about house prices in SE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gibson Road, London, SE11 has a total of 95 addresses. According to our analysis of all the public data, Apartment 403, 1D, Gibson Road, London is the 55th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in SE11.
Apartment 403, 1D, Gibson Road, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Jun 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Apartment 403, 1D, Gibson Road, London is Lambeth North station which is 800 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 Apartment 403, 1D, Gibson Road, London, 58.3% of property is socially rented and 16.5% is privately rented.
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 Apartment 403, 1D, Gibson Road, London, 21.6% of residents are recorded as possessing school level qualifications and 44.2% 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 Apartment 403, 1D, Gibson Road, London, the average age was 37.1 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 Apartment 403, 1D, Gibson Road, London, 0.0% 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 Apartment 403, 1D, Gibson Road, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.