2 Gables Close, London, SE5 7QF is a leasehold flat built between 1996-2002. The property offers approximately 355 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £264,437 , which equates to approximately £744 per square foot. It was last sold on 16 Aug 1999 for £59,000. Since then, the value has increased by £205,437, representing a 348.2% increase, or approximately 13.2% per year.

The current estimated value of £264,437 is:

  • 34.8% lower than the average property price on Gables Close
  • 12.8% lower than the average in the SE5 7QF postcode area
  • and 69.8% lower than the average price for London as a whole

At the most recent EPC inspection on 18 May 2023, the property was recorded as owner-occupied.

View sold house prices in SE5 7QF

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
355 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£264,437
Price Per sq ft (estimate)
£744
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 Gables Close, London, Southwark, Greater London, SE5 7QF has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 May 2023.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Feb 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 45.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The windows were upgraded from single glazed to fully double glazed.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE5 7QF

20 th / 24
Price Rank
13% lower than average
22 nd / 23
Size Rank
21% smaller than average
11 th / 23
Price Per Sq FT Rank
11% higher than average

Compared to other properties in SE5 7QF , this flat's estimated value ranks 20th out of 24. Based on price per square foot, it ranks 11th out of 23 properties. In terms of size, this home ranks 22th out of 23 properties in its postcode area.

Sale History

Today
£264,437
streetscan.co.uk estimate
+348 %
16 Aug 1999
£59,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 377 sq ft
sale price: £300,000
sale date: 26 Jan 2023
rooms: 2
size: 366 sq ft
sale price: £300,000
sale date: 22 Aug 2022
rooms: 2
size: 366 sq ft
sale price: £247,500
sale date: 3 Jul 2020
rooms: 2
size: 366 sq ft
sale price: £315,000
sale date: 9 Nov 2018
rooms: 2
size: 366 sq ft
sale price: £256,000
sale date: 30 Jun 2017

Data Sources

The property at 2 Gables Close, London, Southwark, Greater London, SE5 7QF appears once in the Land Registry records, with the transaction recorded on 16 Aug 1999. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 May 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.