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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
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According to the public record, 2, Lakeside Drive, Gillingham is a modern freehold house with 914 ft2 of internal area and sits on a 256 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 2, Lakeside Drive, Gillingham is £307,304 and the estimated rental value is £1,264 per month.
Lakeside Drive, Gillingham, SP8 is located within the SP8 postal district.
2, Lakeside Drive, Gillingham has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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, Lakeside Drive, Gillingham is in very good condition we estimate a sale value of £322,669 and a rental value of £1,327 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £285,792 and a rental value of £1,176 per month.
Over the last 12 months the sale value of 2 Lakeside Drive Gillingham has decreased by an estimated £4,429 (1.4%) and its rental value has increased by an estimated £48 per month (3.8%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 2, Lakeside Drive, Gillingham sits on a plot of 256m2.
We have plot size data on 18 out of 48 other houses in the postcode and 2, Lakeside Drive, Gillingham sits on the 6th largest plot.
2, Lakeside Drive, Gillingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Jan 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Lakeside Drive, Gillingham was last sold on 25th March 2022 for £325,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2022, the market for similar properties has risen 12.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lakeside Drive, Gillingham within a radius of 940 metres over the last 2 years.
The most recent example is 9, Lakeside Drive, Gillingham, SP8 4YN, a freehold house which sold for £310,000 on the 30th June 2023.
Read more about house prices in SP8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lakeside Drive, Gillingham, SP8 has a total of 76 addresses. According to our analysis of all the public data, 2, Lakeside Drive, Gillingham is the 34th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £17k less expensive than the average property in SP8.
The closest station to 2, Lakeside Drive, Gillingham is Gillingham (Dorset) station which is 400 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Lakeside Drive, Gillingham, 38.3% of property is privately rented and 29.3% is privately owned with a mortgage.
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 2, Lakeside Drive, Gillingham, 17.1% of residents are recorded as possessing school level qualifications and 22.0% 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 2, Lakeside Drive, 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 2, Lakeside Drive, Gillingham, 0.3% 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 2, Lakeside Drive, Gillingham, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.
