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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, 37, Springvale, Gillingham is a modern freehold house with 3,509 ft2 of internal area and sits on a 726 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 37, Springvale, Gillingham is £1,050,747 and the estimated rental value is £3,507 per month.
Springvale, Gillingham, ME8 is located within the ME8 postal district.
37, Springvale, Gillingham has a single entry in the Land Registry from June 2007 and a single entry in the EPC database dated March 2015.
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 37, Springvale, Gillingham is in very good condition we estimate a sale value of £1,103,284 and a rental value of £3,682 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £977,195 and a rental value of £3,262 per month.
Over the last 12 months the sale value of 37 Springvale Gillingham has increased by an estimated £8,997 (0.9%) and its rental value has increased by an estimated £112 per month (3.2%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 37, Springvale, Gillingham sits on a plot of 726m2.
We have plot size data on 31 out of 32 other houses in the postcode and 37, Springvale, Gillingham sits on the 12th largest plot.
37, Springvale, Gillingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Mar 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, 37, Springvale, Gillingham was last sold on 22nd June 2007 for £245,000 and was recorded as a freehold house.
The property has only had this single sale 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 37, Springvale, Gillingham within a radius of 730 metres over the last 2 years.
The most recent example is Foxleigh, Spekes Road, Gillingham, ME7 3RT, a freehold house which sold for £910,000 on the 11th October 2021.
Read more about house prices in ME8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springvale, Gillingham, ME8 has a total of 43 addresses. According to our analysis of all the public data, 37, Springvale, Gillingham is the largest and the most expensive property on the street.
When compared to the postcode district it is £698k more expensive than the average property in ME8.
The closest station to 37, Springvale, Gillingham is Rainham (Kent) station which is 2.3 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 37, Springvale, 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 37, Springvale, 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 37, Springvale, 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 37, Springvale, 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 37, Springvale, 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.
