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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 1, Mereworth Close, Gillingham is a mid-century freehold house with 1,054 ft2 of internal area and sits on a 245 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Mereworth Close, Gillingham is £304,415 and the estimated rental value is £1,526 per month.
Mereworth Close, Gillingham, ME8 is located within the ME8 postal district.
1, Mereworth Close, Gillingham has a single entry in the Land Registry from December 2015 and a single entry in the EPC database dated November 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Mereworth Close, Gillingham is in very good condition we estimate a sale value of £319,636 and a rental value of £1,603 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £283,106 and a rental value of £1,419 per month.
Over the last 12 months the sale value of 1 Mereworth Close Gillingham has decreased by an estimated £513 (0.2%) and its rental value has increased by an estimated £32 per month (2.1%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 1, Mereworth Close, Gillingham sits on a plot of 245m2.
We have plot size data on 9 out of 10 other houses in the postcode and 1, Mereworth Close, Gillingham sits on the 6th largest plot.
1, Mereworth Close, Gillingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Nov 2015.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Mereworth Close, Gillingham was last sold on 17th December 2015 for £160,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2015, the market for similar properties has risen 64.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Mereworth Close, Gillingham within a radius of 570 metres over the last 2 years.
The most recent example is 16, Appledore Road, Gillingham, ME8 6PA, a freehold house which sold for £290,000 on the 20th November 2024.
Read more about house prices in ME8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mereworth Close, Gillingham, ME8 has a total of 10 addresses. According to our analysis of all the public data, 1, Mereworth Close, Gillingham is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in ME8.
The closest station to 1, Mereworth Close, Gillingham is Gillingham (Kent) station which is 2.1 kilometres 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, Mereworth Close, Gillingham, 39.0% of property is socially rented and 33.3% is privately owned with a mortgage.
The graph below shows how this compares to South East 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, Mereworth Close, Gillingham, 22.7% of residents are recorded as possessing school level qualifications and 16.1% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Mereworth Close, Gillingham, the average age was 41.2 and the most common age was 57.
The graph below shows how this compares to South East 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, Mereworth Close, Gillingham, 0.0% of property was a second home.
Comparison figures for South East 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, Mereworth Close, Gillingham, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
