40, Locarno Avenue
40, Locarno Avenue
Description & Estimates
Public records show 40, Locarno Avenue, Gillingham to be an early-century freehold house with 1,291 ft2 of internal area, sitting on a 365 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
40, Locarno Avenue, Gillingham has an estimated sale value of £434,324 and an estimated rental value of £1,684 per month, assuming reasonable condition and based on the information available.
Locarno Avenue, Gillingham, ME8 lies within the ME8 postal district.
Our Data Sources
40, Locarno Avenue, Gillingham has a single entry in the Land Registry from July 2019 and a single entry in the EPC database dated March 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 40, Locarno Avenue, Gillingham would be worth £456,040, with a potential rental value of £1,768 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £403,921, with a rental value of £1,566 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 40, Locarno Avenue, Gillingham has risen by £2,038 (0.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £42 (2.5%). The property's estimated gross yield is currently 4.7%.
Plot Size
40, Locarno Avenue, Gillingham occupies a 365 m2 plot as recorded by HM Land Registry.
Of the 24 other houses in this postcode, 23 have recorded plot sizes, and this one ranks as the 14th largest.
Energy Efficiency
40, Locarno Avenue, Gillingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Mar 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
40, Locarno Avenue, Gillingham last changed hands on 15th July 2019, selling for £350,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 32.1% since July 2019.
- Sold Jul 2019£350,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 660 metres of 40, Locarno Avenue, Gillingham across the last 2 years.
Most recently, 30, Broadway, Gillingham, ME8 6BD, a freehold house, sold at £440,000 on the 14th February 2024.
Read more about house prices in ME8.
- Sold Feb 2024£440,000 | 4 Bed House30, Broadway, Gillingham, ME8 6BD30, Broadway, Gillingham, ME8 6BD
- Sold Dec 2023£425,000 | 4 Bed House31, South Avenue, Gillingham, ME8 6EG31, South Avenue, Gillingham, ME8 6EG
- Sold Dec 2021£425,000 | 4 Bed House60, Locarno Avenue, Gillingham, ME8 6ES60, Locarno Avenue, Gillingham, ME8 6ES
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 40, Locarno Avenue, Gillingham as the 9th largest and the 9th most expensive of the 35 addresses on Locarno Avenue, Gillingham, ME8.
Against the ME8 postcode district average, it is £80k more expensive than the typical property.
More reading links
Schools Nearby
- 400mSt Thomas of Canterbury RC Primary School
- 400mFeatherby Junior School
- 500mTwydall Primary School and Nursery
- 1.3kmRainham Mark Grammar School
- 1.3kmThe Robert Napier School
- 1.4kmThe Howard School
More reading links
Public Transport Nearby
Rainham (Kent) station is the nearest stop to 40, Locarno Avenue, Gillingham at 2.5 kilometres away.
- 2.5kmRainham (Kent)
- 2.5kmGillingham (Kent)
- 4.0kmChatham
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
