7 Gerards Close, London, SE16 3DF is a freehold terraced property built between 1983-1990. The property offers approximately 764 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £490,075 , which equates to approximately £641 per square foot. It was last sold on 31 Mar 2021 for £455,000. Since then, the value has increased by £35,075, representing a 7.7% increase, or approximately 1.6% per year.

The current estimated value of £490,075 is:

  • 1.3% lower than the average property price on Gerards Close
  • 4.1% higher than the average in the SE16 3DF postcode area
  • and 44.0% lower than the average price for London as a whole

View sold house prices in SE16 3DF

Building approximate location

About Property

Type
Terraced House
Built
1983-1990
Interior Size
764 sq ft
Tenure
Freehold
Price (estimate)
£490,075
Price Per sq ft (estimate)
£641
Bedroom Count (estimate)
2 bedrooms

EPC Summary

7 Gerards Close, London, Southwark, Greater London Authority, SE16 3DF has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 Apr 2017.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Very Good
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to SE16 3DF

6 th / 13
Price Rank
4% higher than average
3 rd / 11
Size Rank
6% bigger than average
9 th / 11
Price Per Sq FT Rank
2% lower than average

Compared to other properties in SE16 3DF , this house's estimated value ranks 6th out of 13. Based on price per square foot, it ranks 9th out of 11 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 3rd out of 11 properties in its postcode area.

Sale History

Today
£490,075
streetscan.co.uk estimate
+8 %
31 Mar 2021
£455,000
Leasehold
-2.2 %
21 Aug 2017
£465,000
Leasehold
+745.5 %
31 Jan 1995
£55,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 667 sq ft
sale price: £450,000
sale date: 23 Sep 2021
rooms: 3
size: 732 sq ft
sale price: £280,000
sale date: 21 Mar 2014
rooms: 4
size: 786 sq ft
sale price: £258,500
sale date: 28 Jul 2011
rooms: 3
size: 657 sq ft
sale price: £205,000
sale date: 23 Oct 2006
rooms: 3
size: 689 sq ft
sale price: £180,000
sale date: 29 Apr 2004

Data Sources

The property at 7 Gerards Close, London, SE16 3DF appears three times in the Land Registry records, with the latest transaction recorded on 31 Mar 2021. It also has a single Energy Performance Certificate (EPC) from 18 Apr 2017. 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.