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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
The public record describes 496, Lower Rainham Road, Gillingham as an early-century house with 548 ft2 of internal area, sitting on a 65.8 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
496, Lower Rainham Road, Gillingham has an estimated sale value of £327,547 and an estimated rental value of £1,203 per month, assuming reasonable condition and based on the information available.
Lower Rainham Road, Rainham, Gillingham, ME8 lies within the ME8 postal district.
496, Lower Rainham Road, Gillingham has no records in the the Land Registry and a single entry in the EPC database dated April 2024.
We combine this information with public data 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.
In very good condition, we estimate 496, Lower Rainham Road, Gillingham would be worth £343,925, with a potential rental value of £1,263 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £304,619, with a rental value of £1,119 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 496, Lower Rainham Road, Gillingham has moved down by £552 (0.2%) over the last year. During the same period, its estimated monthly rental value has increased by £26 (2.1%). The property's estimated gross yield is currently 4.4%.
496, Lower Rainham Road, Gillingham occupies a 66 m2 plot as recorded by HM Land Registry.
Of the 34 other houses in this postcode, 32 have recorded plot sizes, and this one ranks as the 33rd largest.
496, Lower Rainham Road, Gillingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Apr 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 496, Lower Rainham Road, Gillingham across the last 2 years.
Most recently, 6, Roystons Close, Gillingham, ME8 7NW, a freehold house, sold at £342,500 on the 25th July 2024.
Read more about house prices in ME8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 496, Lower Rainham Road, Gillingham as the 136th largest and the 102nd most expensive of the 142 addresses on Lower Rainham Road, Rainham, Gillingham, ME8.
Against the ME8 postcode district average, it is £26k less expensive than the typical property.
Rainham (Kent) station is the nearest stop to 496, Lower Rainham Road, Gillingham at 1.5 kilometres away.
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 496, Lower Rainham Road, Gillingham, 45.6% of property is privately owned with a mortgage and 40.4% 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 496, Lower Rainham Road, Gillingham, 22.0% of residents are recorded as possessing school level qualifications and 29.4% 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 496, Lower Rainham Road, Gillingham, the average age was 44 and the most common age was 57.
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 496, Lower Rainham Road, Gillingham, 3.3% 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 496, Lower Rainham Road, 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.
