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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
61, Farnham Close, Gillingham is recorded publicly as a mid-century freehold house across 925 ft2 of internal area, sitting on a 138 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 61, Farnham Close, Gillingham is £296,376 and its rental estimate is £1,493 per month, given the available information and assuming reasonable condition.
Farnham Close, Rainham, Gillingham, ME8 falls within the ME8 postal district.
61, Farnham Close, Gillingham has 21 entries in the Land Registry , most recently in September 2007 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 61, Farnham Close, Gillingham, we estimate a market value of £311,195 and a rental value of £1,568 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £275,630 and £1,389 per month respectively.
Over the last year, 61, Farnham Close, Gillingham has seen its estimated sale value decline by £500 (0.2%) and its estimated rental value climb by £32 per month (2.1%). This results in an estimated gross rental yield of 6.0%.
HM Land Registry records the plot of land for 61, Farnham Close, Gillingham as measuring 138 m2.
That makes it the 24th largest plot in the postcode, where all 42 other houses have recorded plot data.
61, Farnham Close, Gillingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 61, Farnham Close, Gillingham completed on 25th September 2007 at £159,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 105.4% over the period since September 2007.
Over the past 2 years 3 properties similar to 61, Farnham Close, Gillingham have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th December 2024, was 52, Farnham Close, Gillingham, ME8 8NR, a freehold house which sold for £275,000.
Read more about house prices in ME8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 102 addresses on Farnham Close, Rainham, Gillingham, ME8, 61, Farnham Close, Gillingham comes out as the 55th largest and the 47th most expensive in our analysis of the public data.
It is also £57k less expensive than the average property across the ME8 district.
From 61, Farnham Close, Gillingham, the nearest station is Rainham (Kent), 700 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast 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 61, Farnham Close, Gillingham, 50.0% of property is privately owned with a mortgage and 35.3% 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 61, Farnham Close, Gillingham, 26.9% of residents are recorded as possessing school level qualifications and 22.9% 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 61, Farnham Close, 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 61, Farnham Close, Gillingham, 0.9% 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 61, Farnham Close, Gillingham, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.
