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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
According to the public record, 63, Pine Grove, Gillingham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 551 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 63, Pine Grove, Gillingham is £179,971 and the estimated rental value is £976 per month.
Pine Grove, Hempstead, Gillingham, ME7 is located within the ME7 postal district.
63, Pine Grove, Gillingham has 31 entries in the Land Registry , most recently in March 2007 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 3 out of 5 and is considered of medium 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 63, Pine Grove, Gillingham is in very good condition we estimate a sale value of £188,969 and a rental value of £1,025 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £167,373 and a rental value of £908 per month.
Over the last 12 months the sale value of 63 Pine Grove Gillingham has decreased by an estimated £1,863 (1.0%) and its rental value has increased by an estimated £16 per month (1.7%), giving an expected gross yield of 6.5%.
According to HM Land Registry, 63, Pine Grove, Gillingham was last sold on 13th March 2007 for £112,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since March 2007, the market for similar properties has risen 44.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 63, Pine Grove, Gillingham within a radius of 650 metres over the last 2 years.
The most recent example is 59, Pine Grove, Gillingham, ME7 3QP, a leasehold flat which sold for £147,500 on the 26th November 2020.
Read more about house prices in ME7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pine Grove, Hempstead, Gillingham, ME7 has a total of 83 addresses. According to our analysis of all the public data, 63, Pine Grove, Gillingham is the 70th largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £111k less expensive than the average property in ME7.
The closest station to 63, Pine Grove, Gillingham is Rainham (Kent) station which is 3.1 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 63, Pine Grove, Gillingham, 48.7% of property is privately owned outright and 31.5% is privately owned with a mortgage.
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 63, Pine Grove, Gillingham, 11.6% of residents are recorded as possessing school level qualifications and 26.6% 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 63, Pine Grove, Gillingham, the average age was 45.5 and the most common age was 62.
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 63, Pine Grove, Gillingham, 2.9% 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 63, Pine Grove, Gillingham, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
