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According to the public record, 42, Shorefields, Gillingham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 997 ft2 of internal area and sits on a 290 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 42, Shorefields, Gillingham is £383,102 and the estimated rental value is £1,502 per month.
Shorefields, Rainham, Gillingham, ME8 is located within the ME8 postal district.
42, Shorefields, Gillingham has 31 entries in the Land Registry , most recently in February 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 42, Shorefields, Gillingham is in very good condition we estimate a sale value of £402,258 and a rental value of £1,577 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £356,285 and a rental value of £1,397 per month.
Over the last 12 months the sale value of 42 Shorefields Gillingham has decreased by an estimated £1,204 (0.3%) and its rental value has increased by an estimated £26 per month (1.7%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 42, Shorefields, Gillingham sits on a plot of 290m2.
We have plot size data on 48 out of 54 other houses in the postcode and 42, Shorefields, Gillingham sits on the 14th largest plot.
According to HM Land Registry, 42, Shorefields, Gillingham was last sold on 26th February 2016 for £266,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since February 2016, the market for similar properties has risen 35.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Shorefields, Gillingham within a radius of 490 metres over the last 2 years.
The most recent example is 54, Ten Acre Way, Gillingham, ME8 8TL, a freehold house which sold for £425,000 on the 2nd August 2024.
Read more about house prices in ME8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shorefields, Rainham, Gillingham, ME8 has a total of 83 addresses. According to our analysis of all the public data, 42, Shorefields, Gillingham is the 12th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £30k more expensive than the average property in ME8.
The closest station to 42, Shorefields, Gillingham is Rainham (Kent) station which is 600 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 42, Shorefields, Gillingham, 44.1% of property is privately owned with a mortgage and 36.3% 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 42, Shorefields, Gillingham, 18.3% of residents are recorded as possessing school level qualifications and 29.3% 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 42, Shorefields, Gillingham, the average age was 40.3 and the most common age was 32.
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 42, Shorefields, 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 42, Shorefields, Gillingham, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
