24, Wallbridge Lane
24, Wallbridge Lane
Description & Estimates
24, Wallbridge Lane, Gillingham is recorded publicly as an early-century freehold house across 1,464 ft2 of internal area, sitting on a 1,107 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 24, Wallbridge Lane, Gillingham is £581,093 and its rental estimate is £1,732 per month, given the available information and assuming reasonable condition.
Wallbridge Lane, Rainham, Gillingham, ME8 falls within the ME8 postal district, in the borough of Swale.
Our Data Sources
24, Wallbridge Lane, Gillingham has a single entry in the Land Registry from March 2011 and a single entry in the EPC database dated May 2010.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 24, Wallbridge Lane, Gillingham, we estimate a market value of £610,148 and a rental value of £1,819 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £540,417 and £1,611 per month respectively.
Recent Market Change
Over the last year, 24, Wallbridge Lane, Gillingham has seen its estimated sale value rise by £2,727 (0.5%) and its estimated rental value move up by £43 per month (2.5%). This results in an estimated gross rental yield of 3.6%.
Plot Size
HM Land Registry records the plot of land for 24, Wallbridge Lane, Gillingham as measuring 1,107 m2.
That makes it the 3rd largest plot in the postcode, where 34 of the 37 other houses have recorded plot data.
Energy Efficiency
24, Wallbridge Lane, Gillingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 May 2010.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 24, Wallbridge Lane, Gillingham completed on 11th March 2011 at £507,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 57.4% over the period since March 2011.
- Sold Mar 2011£507,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24, Wallbridge Lane, Gillingham have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th December 2024, was 30, Wallbridge Lane, Gillingham, ME8 7XH, a freehold house which sold for £465,000.
Read more about house prices in ME8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 54 addresses on Wallbridge Lane, Rainham, Gillingham, ME8, 24, Wallbridge Lane, Gillingham comes out as the 14th largest and the 9th most expensive in our analysis of the public data.
It is also £227k more expensive than the average property across the ME8 district.
More reading links
Schools Nearby
- 900mHolywell Primary School
- 1.6kmRiverside Primary School
- 2.2kmLower Halstow Primary School
- 1.5kmLeigh Academy Rainham
- 3.1kmRainham Mark Grammar School
- 3.4kmThe Howard School
More reading links
Public Transport Nearby
From 24, Wallbridge Lane, Gillingham, the nearest station is Rainham (Kent), 2.0 kilometres away.
- 2.0kmRainham (Kent)
- 2.9kmNewington
- 6.4kmGillingham (Kent)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
