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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, 20, Lower Rainham Road, Gillingham is a period freehold house with 462 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 20, Lower Rainham Road, Gillingham is £208,884 and the estimated rental value is £1,017 per month.
Lower Rainham Road, Gillingham, ME7 is located within the ME7 postal district.
20, Lower Rainham Road, Gillingham has 31 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated September 2021.
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 20, Lower Rainham Road, Gillingham is in very good condition we estimate a sale value of £219,329 and a rental value of £1,068 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,263 and a rental value of £946 per month.
Over the last 12 months the sale value of 20 Lower Rainham Road Gillingham has decreased by an estimated £2,855 (1.4%) and its rental value has increased by an estimated £10 per month (1.0%), giving an expected gross yield of 5.8%.
20, Lower Rainham Road, Gillingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2021.
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, 20, Lower Rainham Road, Gillingham was last sold on 23rd June 2023 for £160,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since June 2023, the market for similar properties has dropped 14.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Lower Rainham Road, Gillingham within a radius of 820 metres over the last 2 years.
The most recent example is 60, Archbishops Crescent, Gillingham, ME7 2WL, a freehold house which sold for £202,500 on the 2nd October 2023.
Read more about house prices in ME7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Rainham Road, Gillingham, ME7 has a total of 69 addresses. According to our analysis of all the public data, 20, Lower Rainham Road, Gillingham is the 68th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in ME7.
The closest station to 20, Lower Rainham Road, Gillingham is Gillingham (Kent) station which is 1.8 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 20, Lower Rainham Road, Gillingham, 29.3% of property is privately rented and 25.9% 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 20, Lower Rainham Road, Gillingham, 24.7% of residents are recorded as possessing school level qualifications and 23.5% 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 20, Lower Rainham 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 20, Lower Rainham Road, 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 20, Lower Rainham Road, Gillingham, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
