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According to the public record, 17, Springvale, Gillingham is a mid-century freehold house with 893 ft2 of internal area and sits on a 464 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 17, Springvale, Gillingham is £473,724 and the estimated rental value is £1,666 per month.
Springvale, Gillingham, ME8 is located within the ME8 postal district.
17, Springvale, Gillingham has a single entry in the Land Registry from April 2024 and a single entry in the EPC database dated June 2023.
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 17, Springvale, Gillingham is in very good condition we estimate a sale value of £497,410 and a rental value of £1,749 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £440,563 and a rental value of £1,549 per month.
Over the last 12 months the sale value of 17 Springvale Gillingham has decreased by an estimated £1,488 (0.3%) and its rental value has increased by an estimated £28 per month (1.7%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 17, Springvale, Gillingham sits on a plot of 464m2.
We have plot size data on 31 out of 32 other houses in the postcode and 17, Springvale, Gillingham sits on the 24th largest plot.
17, Springvale, Gillingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jun 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 17, Springvale, Gillingham was last sold on 30th April 2024 for £500,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2024, the market for similar properties has dropped 19.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Springvale, Gillingham within a radius of 720 metres over the last 2 years.
The most recent example is 30, Lakewood Drive, Gillingham, ME8 0NS, a freehold house which sold for £445,000 on the 28th October 2024.
Read more about house prices in ME8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springvale, Gillingham, ME8 has a total of 43 addresses. According to our analysis of all the public data, 17, Springvale, Gillingham is the 37th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £121k more expensive than the average property in ME8.
The closest station to 17, Springvale, Gillingham is Rainham (Kent) station which is 2.3 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 17, Springvale, Gillingham, 54.5% of property is privately owned outright and 35.1% 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 17, Springvale, Gillingham, 21.6% of residents are recorded as possessing school level qualifications and 29.1% 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 17, Springvale, Gillingham, the average age was 47 and the most common age was 72.
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 17, Springvale, Gillingham, 2.5% 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 17, Springvale, Gillingham, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
