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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 29, Gregory Close, Gillingham is £181,963 and the estimated rental value is £1,122 per month.
Gregory Close, Gillingham, ME8 is located within the ME8 postal district.
29, Gregory Close, Gillingham has a single entry in the Land Registry from January 2018 and a single entry in the EPC database dated September 2017.
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 29, Gregory Close, Gillingham is in very good condition we estimate a sale value of £191,061 and a rental value of £1,178 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,225 and a rental value of £1,043 per month.
Over the last 12 months the sale value of 29 Gregory Close Gillingham has decreased by an estimated £2,322 (1.3%) and its rental value has increased by an estimated £11 per month (1.0%), giving an expected gross yield of 7.4%.
29, Gregory Close, Gillingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Sep 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 29, Gregory Close, Gillingham was last sold on 29th January 2018 for £162,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2018, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Gregory Close, Gillingham within a radius of 630 metres over the last 2 years.
The most recent example is 25, Gregory Close, Gillingham, ME8 9LJ, a leasehold flat which sold for £207,500 on the 30th July 2024.
Read more about house prices in ME8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gregory Close, Gillingham, ME8 has a total of 30 addresses. According to our analysis of all the public data, 29, Gregory Close, Gillingham is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £171k less expensive than the average property in ME8.
The closest station to 29, Gregory Close, Gillingham is Rainham (Kent) station which is 2.5 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 29, Gregory Close, Gillingham, 39.8% of property is privately owned with a mortgage and 38.1% is privately owned outright.
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 29, Gregory Close, Gillingham, 14.6% of residents are recorded as possessing school level qualifications and 25.9% 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 29, Gregory Close, Gillingham, the average age was 39.1 and the most common age was 37.
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 29, Gregory Close, Gillingham, 1.2% 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 29, Gregory Close, Gillingham, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.