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According to the public record, 29, Sedley Close, Gillingham is a mid-century leasehold apartment with 698 ft2 of internal area.
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, Sedley Close, Gillingham is £194,602 and the estimated rental value is £973 per month.
Sedley Close, Gillingham, ME8 is located within the ME8 postal district.
29, Sedley Close, Gillingham has 41 entries in the Land Registry , most recently in October 2014 and a single entry in the EPC database dated December 2009.
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, Sedley Close, Gillingham is in very good condition we estimate a sale value of £204,332 and a rental value of £1,022 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,980 and a rental value of £905 per month.
Over the last 12 months the sale value of 29 Sedley Close Gillingham has decreased by an estimated £1,056 (0.5%) and its rental value has increased by an estimated £21 per month (2.2%), giving an expected gross yield of 6%.
29, Sedley Close, Gillingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Dec 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas.
According to HM Land Registry, 29, Sedley Close, Gillingham was last sold on 17th October 2014 for £127,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since October 2014, the market for similar properties has risen 39.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Sedley Close, Gillingham within a radius of 760 metres over the last 2 years.
The most recent example is 42, Sedley Close, Gillingham, ME8 9QZ, a leasehold flat which sold for £136,000 on the 27th October 2023.
Read more about house prices in ME8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sedley Close, Gillingham, ME8 has a total of 86 addresses. According to our analysis of all the public data, 29, Sedley Close, Gillingham is the 46th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in ME8.
The closest station to 29, Sedley Close, Gillingham is Rainham (Kent) station which is 3.4 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 29, Sedley Close, Gillingham, 41.7% of property is privately owned outright and 41.7% 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 29, Sedley Close, Gillingham, 16.2% of residents are recorded as possessing school level qualifications and 22.4% 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, Sedley Close, Gillingham, the average age was 42.6 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 29, Sedley Close, 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 29, Sedley Close, Gillingham, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.