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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
512, Lower Rainham Road, Gillingham is described in the public record as a modern house with 1,732 ft2 of internal area, sitting on a 228 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 512, Lower Rainham Road, Gillingham is £622,694 and its rental estimate is £1,727 per month, given the available information and assuming reasonable condition.
Lower Rainham Road, Rainham, Gillingham, ME8 falls within the ME8 postal district.
512, Lower Rainham Road, Gillingham has no records in the the Land Registry and a single entry in the EPC database dated December 2020.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 512, Lower Rainham Road, Gillingham, we estimate a market value of £653,829 and a rental value of £1,814 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £579,106 and £1,606 per month respectively.
Over the last year, 512, Lower Rainham Road, Gillingham has seen its estimated sale value increase by £2,922 (0.5%) and its estimated rental value grow by £43 per month (2.5%). This results in an estimated gross rental yield of 3.3%.
HM Land Registry records the plot of land for 512, Lower Rainham Road, Gillingham as measuring 228 m2.
That makes it the 23rd largest plot in the postcode, where 32 of the 34 other houses have recorded plot data.
512, Lower Rainham Road, Gillingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Dec 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 512, Lower Rainham Road, Gillingham have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2024, was 22, Wicket Avenue, Gillingham, ME8 7EZ, a freehold house which sold for £620,000.
Read more about house prices in ME8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 142 addresses on Lower Rainham Road, Rainham, Gillingham, ME8, 512, Lower Rainham Road, Gillingham comes out as the 15th largest and the 14th most expensive in our analysis of the public data.
It is also £269k more expensive than the average property across the ME8 district.
From 512, Lower Rainham Road, Gillingham, the nearest station is Rainham (Kent), 1.5 kilometres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 512, 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 512, 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 512, 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 512, 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 512, 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.
