Flat 3, 2 Gainsford Street, London, SE1 2NE is a leasehold flat built between 1991-1995. The property offers approximately 915 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £923,358 , which equates to approximately £1,009 per square foot. It was last sold on 20 May 2022 for £875,000. Since then, the value has increased by £48,358, representing a 5.5% increase, or approximately 1.5% per year.

The current estimated value of £923,358 is:

  • 1.4% higher than the average property price on Gainsford Street
  • 21.3% lower than the average in the SE1 2NE postcode area
  • and 10.5% higher than the average price for London as a whole

At the most recent EPC inspection on 12 March 2021, the property was recorded as owner-occupied.

View sold house prices in SE1 2NE

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
915 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£923,358
Price Per sq ft (estimate)
£1,009
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 3, 2 Gainsford Street, London, Southwark, Greater London, SE1 2NE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 12 Mar 2021.

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 single glazed.

The previous EPC assessment was conducted on 19 Oct 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 27%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency improving from average to good, while the system remained as from main system.
  • The wall construction or insulation changed from solid brick, with internal insulation to solid brick, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in 67% of fixed outlets, with efficiency improving from average to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to SE1 2NE

49 th / 77
Price Rank
21% lower than average
24 th / 67
Size Rank
12% bigger than average
59 th / 67
Price Per Sq FT Rank
30% lower than average

Compared to other properties in SE1 2NE , this flat's estimated value ranks 49th out of 77. Based on price per square foot, it ranks 59th out of 67 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 24th out of 67 properties in its postcode area.

Sale History

Today
£923,358
streetscan.co.uk estimate
+6 %
20 May 2022
£875,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 47, Tamarind Court, 18 Gainsford Street, London, SE1 2NE
rooms: 3
size: 947 sq ft
sale price: £730,000
sale date: 8 Nov 2024
Flat G1, Tamarind Court, 18 Gainsford Street, London, SE1 2NE
rooms: 3
size: 883 sq ft
sale price: £650,000
sale date: 7 Dec 2022
Flat 36, Tamarind Court, 18 Gainsford Street, London, SE1 2NE
rooms: 3
size: 936 sq ft
sale price: £720,000
sale date: 4 Nov 2022
Flat 33, Tamarind Court, 18 Gainsford Street, London, SE1 2NE
rooms: 3
size: 893 sq ft
sale price: £760,000
sale date: 14 Jul 2022
Flat G3, Tamarind Court, 18 Gainsford Street, London, SE1 2NE
rooms: 3
size: 818 sq ft
sale price: £650,000
sale date: 14 Apr 2022

Data Sources

The property at Flat 3, 2 Gainsford Street, London, Southwark, Greater London, SE1 2NE appears once in the Land Registry records, with the transaction recorded on 20 May 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Mar 2021. 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.
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