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Company No. 11113204
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According to the public record, 56, Elmstone Road, Gillingham is a mid-century freehold house with 1,323 ft2 of internal area and sits on a 399 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 56, Elmstone Road, Gillingham is £489,945 and the estimated rental value is £1,720 per month.
Elmstone Road, Gillingham, ME8 is located within the ME8 postal district.
56, Elmstone Road, Gillingham has 31 entries in the Land Registry , most recently in November 2019 and a single entry in the EPC database dated August 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.
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 56, Elmstone Road, Gillingham is in very good condition we estimate a sale value of £514,442 and a rental value of £1,806 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £455,649 and a rental value of £1,600 per month.
Over the last 12 months the sale value of 56 Elmstone Road Gillingham has increased by an estimated £1,863 (0.4%) and its rental value has increased by an estimated £41 per month (2.4%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 56, Elmstone Road, Gillingham sits on a plot of 399m2.
We have plot size data on 50 out of 50 other houses in the postcode and 56, Elmstone Road, Gillingham sits on the 10th largest plot.
56, Elmstone Road, Gillingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Aug 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 56, Elmstone Road, Gillingham was last sold on 21st November 2019 for £398,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since November 2019, the market for similar properties has risen 13.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Elmstone Road, Gillingham within a radius of 510 metres over the last 2 years.
The most recent example is 6, Beacon Close, Gillingham, ME8 9AP, a freehold house which sold for £465,000 on the 15th November 2024.
Read more about house prices in ME8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elmstone Road, Gillingham, ME8 has a total of 109 addresses. According to our analysis of all the public data, 56, Elmstone Road, Gillingham is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £137k more expensive than the average property in ME8.
The closest station to 56, Elmstone Road, Gillingham is Rainham (Kent) station which is 1.4 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 56, Elmstone Road, Gillingham, 48.1% of property is privately owned with a mortgage and 36.4% 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 56, Elmstone Road, Gillingham, 20.4% of residents are recorded as possessing school level qualifications and 26.8% 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 56, Elmstone Road, Gillingham, the average age was 43.1 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 56, Elmstone Road, Gillingham, 0.3% 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 56, Elmstone 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.
