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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 2, Elm Road, Gillingham is £231,854 and the estimated rental value is £1,285 per month.
Elm Road, Gillingham, ME7 is located within the ME7 postal district.
2, Elm Road, Gillingham has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 2, Elm Road, Gillingham is in very good condition we estimate a sale value of £243,447 and a rental value of £1,349 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,624 and a rental value of £1,195 per month.
Over the last 12 months the sale value of 2 Elm Road Gillingham has decreased by an estimated £1,430 (0.6%) and its rental value has increased by an estimated £24 per month (1.9%), giving an expected gross yield of 6.7%.
According to data from HM Land Registry, 2, Elm Road, Gillingham sits on a plot of 109m2.
We have plot size data on 24 out of 24 other houses in the postcode and 2, Elm Road, Gillingham sits on the 12th largest plot.
2, Elm Road, Gillingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Mar 2021.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Elm Road, Gillingham was last sold on 17th June 2005 for £88,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Elm Road, Gillingham within a radius of 480 metres over the last 2 years.
The most recent example is 15, Elm Road, Gillingham, ME7 2NR, a freehold house which sold for £212,000 on the 19th April 2024.
Read more about house prices in ME7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Road, Gillingham, ME7 has a total of 24 addresses. According to our analysis of all the public data, 2, Elm Road, Gillingham is the 12th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in ME7.
The closest station to 2, Elm Road, Gillingham is Gillingham (Kent) station which is 800 metres 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 2, Elm Road, Gillingham, 28.5% of property is privately rented and 26.9% 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 2, Elm Road, Gillingham, 23.8% of residents are recorded as possessing school level qualifications and 26.8% 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 2, Elm Road, Gillingham, the average age was 36.5 and the most common age was 7.
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 2, Elm Road, Gillingham, 0.6% 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 2, Elm Road, Gillingham, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.