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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, The Wheelers, Gillingham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,841 ft2 of internal area and sits on a 472 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, The Wheelers, Gillingham is £730,368 and the estimated rental value is £2,438 per month.
The Wheelers, Gillingham, ME8 is located within the ME8 postal district.
2, The Wheelers, Gillingham has 21 entries in the Land Registry , most recently in June 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 2, The Wheelers, Gillingham is in very good condition we estimate a sale value of £766,886 and a rental value of £2,560 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £679,242 and a rental value of £2,267 per month.
Over the last 12 months the sale value of 2 The Wheelers Gillingham has increased by an estimated £6,254 (0.9%) and its rental value has increased by an estimated £78 per month (3.2%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 2, The Wheelers, Gillingham sits on a plot of 472m2.
We have plot size data on 8 out of 8 other houses in the postcode and 2, The Wheelers, Gillingham sits on the 5th largest plot.
According to HM Land Registry, 2, The Wheelers, Gillingham was last sold on 1st June 2007 for £455,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2007, the market for similar properties has risen 60.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, The Wheelers, Gillingham within a radius of 810 metres over the last 2 years.
The most recent example is 12, Zillah Gardens, Gillingham, ME8 0EE, a freehold house which sold for £20,000 on the 17th October 2024.
Read more about house prices in ME8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Wheelers, Gillingham, ME8 has a total of 8 addresses. According to our analysis of all the public data, 2, The Wheelers, Gillingham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £378k more expensive than the average property in ME8.
The closest station to 2, The Wheelers, Gillingham is Rainham (Kent) station which is 2.4 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, The Wheelers, 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 2, The Wheelers, 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 2, The Wheelers, 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 2, The Wheelers, 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 2, The Wheelers, 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.
