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Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1 Higherfield, Gillingham is £72,655 and the estimated rental value is £314 per month.
The apartment is within Higherfield, Common Mead Lane, Gillingham, SP8.
Common Mead Lane, Gillingham, SP8 is located within the SP8 postal district.
1 Higherfield, Gillingham has 31 entries in the Land Registry , most recently in October 2019 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 1 Higherfield, Gillingham is in very good condition we estimate a sale value of £76,288 and a rental value of £329 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £67,569 and a rental value of £292 per month.
Over the last 12 months the sale value of 1 Higherfield Gillingham has decreased by an estimated £938 (1.3%) and its rental value has increased by an estimated £15 per month (4.7%), giving an expected gross yield of 5.2%.
1 Higherfield, Gillingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Mar 2017.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1 Higherfield, Gillingham was last sold on 10th October 2019 for £410,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2019, the market for similar properties has risen 30.5%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 730 metres radius of 1 Higherfield, Gillingham over the last 2 years.
The most recent example is Hatherley Garden, Common Mead Lane, Gillingham, SP8 4RB, a freehold house which sold for £405,000 on the 16th December 2015.
Read more about house prices in SP8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Common Mead Lane, Gillingham, SP8 has a total of 49 addresses. According to our analysis of all the public data, 1 Higherfield, Gillingham is the 49th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £247k less expensive than the average property in SP8.
The closest station to 1 Higherfield, Gillingham is Gillingham (Dorset) station which is 800 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1 Higherfield, Gillingham, 35.5% of property is privately owned outright and 29.8% is socially rented.
The graph below shows how this compares to South West 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 1 Higherfield, Gillingham, 14.8% of residents are recorded as possessing school level qualifications and 17.4% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1 Higherfield, Gillingham, the average age was 47.6 and the most common age was 72.
The graph below shows how this compares to South West 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 1 Higherfield, Gillingham, 1.6% of property was a second home.
Comparison figures for South West 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 1 Higherfield, Gillingham, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.