According to the public record, Flat 8, 2, Gainsford Street, London is a period leasehold apartment with 1,119 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 2, Gainsford Street, London, SE1.
Gainsford Street, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Flat 8, 2, Gainsford Street, London has 41 entries in the Land Registry database, most recently in August 2013 and a single entry in the EPC database dated May 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 8 2 Gainsford Street London as £882,114 and the rental value as £3,822 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 8 2 Gainsford Street London has decreased by £11,091 (1.3%) and its rental value has increased by £80 per month (2.1%).
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 8, 2, Gainsford Street, London is in very good condition we estimate a sale value of £926,219 and rental value of £4,013 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £820,366 and a rental value of £3,554 per month.
If you were able to purchase this property for the estimated value of £882,114, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,335 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 8, 2, Gainsford Street, London was last sold on 12 Aug 2013 for £910,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Aug 2013, the market for similar properties has risen 12.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, 2, Gainsford Street, London within a radius of 220 metres over the last 2 years.
The most recent example is Flat 11, Compass Court 39, Shad Thames, London, SE1 2NJ, a Leasehold flat which sold for £781,000 in Jan 2024.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 220 metres radius of Flat 8, 2, Gainsford Street, London over the last 2 years.
Most recently 27 Balmoral House, Earls Way, London, SE1 2QR, a Leasehold flat let by Saint Andrews Bureau in Dec 2023.
Gainsford Street, London, SE1 has a total of 190 addresses. According to our analysis of all the public data, Flat 8, 2, Gainsford Street, London is the 27th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £234k more expensive than the average property in SE1.
Flat 8, 2, Gainsford Street, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 May 2013.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to Flat 8, 2, Gainsford Street, London is Bermondsey 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 Flat 8, 2, Gainsford Street, London, 58.9% of property is privately rented and 20.0% is privately owned outright.
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 8, 2, Gainsford Street, London, 46.7% of residents are recorded as possessing school level qualifications and 89.8% 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 8, 2, Gainsford Street, London, the average age was 34.4 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 Flat 8, 2, Gainsford Street, London, 1.7% 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 8, 2, Gainsford Street, 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.