According to the public record, Flat 69, Gilbert House, London is a early-century leasehold apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Gilbert House, Mcmillan Street, London, SE8.
Mcmillan Street, London, SE8 is located in the borough of Greenwich within the SE8 postal district.
Flat 69, Gilbert House, London has 3 entries in the Land Registry database, most recently in December 2022 and a single entry in the EPC database dated February 2013.
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 Flat 69 Gilbert House London as £201,660 and the rental value as £1,145 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 69 Gilbert House London has increased by £2,308 (1.1%) and its rental value has increased by £69 per month (6.1%).
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 69, Gilbert House, London is in very good condition we estimate a sale value of £211,743 and rental value of £1,202 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £187,544 and a rental value of £1,065 per month.
If you were able to purchase this property for the estimated value of £201,660, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £991 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, Flat 69, Gilbert House, London was last sold on 22 Dec 2022 for £330,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2022, the market for similar properties has dropped 2.0%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 69, Gilbert House, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 4, Bittern Court, Edward Street, London, SE8 5HW, a Leasehold flat which sold for £235,000 in May 2022.
Read more about house prices in SE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mcmillan Street, London, SE8 has a total of 227 addresses. According to our analysis of all the public data, Flat 69, Gilbert House, London is the 223rd largest and the 227th most expensive property on the street.
When compared to the postcode district it is £189k less expensive than the average property in SE8.
Flat 69, Gilbert House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Feb 2013.
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 Flat 69, Gilbert House, London is Deptford station which is 400 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 Flat 69, Gilbert House, London, 72.4% of property is socially rented and 14.6% 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 Flat 69, Gilbert House, London, 28.8% of residents are recorded as possessing school level qualifications and 47.0% 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 69, Gilbert House, London, the average age was 31.6 and the most common age was 32.
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 69, Gilbert House, 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 Flat 69, Gilbert House, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.