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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 71, Farnham Close, Gillingham is £296,376 and the estimated rental value is £1,493 per month.
Farnham Close, Rainham, Gillingham, ME8 is located within the ME8 postal district.
71, Farnham Close, Gillingham has 2 entries in the Land Registry , most recently in June 2018 and a single entry in the EPC database dated November 2017.
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.
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 71, Farnham Close, Gillingham is in very good condition we estimate a sale value of £311,195 and a rental value of £1,568 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £275,630 and a rental value of £1,389 per month.
Over the last 12 months the sale value of 71 Farnham Close Gillingham has decreased by an estimated £500 (0.2%) and its rental value has increased by an estimated £32 per month (2.1%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 71, Farnham Close, Gillingham sits on a plot of 171m2.
We have plot size data on 42 out of 42 other houses in the postcode and 71, Farnham Close, Gillingham sits on the 11th largest plot.
71, Farnham Close, Gillingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Nov 2017.
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, 71, Farnham Close, Gillingham was last sold on 19th June 2018 for £255,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2018, the market for similar properties has risen 36.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 71, Farnham Close, Gillingham within a radius of 510 metres over the last 2 years.
The most recent example is 52, Farnham Close, Gillingham, ME8 8NR, a freehold house which sold for £275,000 on the 12th December 2024.
Read more about house prices in ME8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farnham Close, Rainham, Gillingham, ME8 has a total of 102 addresses. According to our analysis of all the public data, 71, Farnham Close, Gillingham is the 53rd largest and the 45th most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in ME8.
The closest station to 71, Farnham Close, Gillingham is Rainham (Kent) station which is 700 metres 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 71, 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 71, 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 71, 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 71, 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 71, 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.