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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 778, Maidstone Road, Gillingham is £626,812 and the estimated rental value is £1,739 per month.
Maidstone Road, Gillingham, ME8 is located within the ME8 postal district.
778, Maidstone Road, Gillingham has 2 entries in the Land Registry , most recently in August 2021 and a single entry in the EPC database dated April 2021.
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 778, Maidstone Road, Gillingham is in very good condition we estimate a sale value of £658,152 and a rental value of £1,825 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £582,935 and a rental value of £1,617 per month.
Over the last 12 months the sale value of 778 Maidstone Road Gillingham has increased by an estimated £2,941 (0.5%) and its rental value has increased by an estimated £43 per month (2.5%), giving an expected gross yield of 3.3%.
According to data from HM Land Registry, 778, Maidstone Road, Gillingham sits on a plot of 367m2.
We have plot size data on 21 out of 23 other houses in the postcode and 778, Maidstone Road, Gillingham sits on the 15th largest plot.
778, Maidstone Road, Gillingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Apr 2021.
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, 778, Maidstone Road, Gillingham was last sold on 19th August 2021 for £500,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2021, the market for similar properties has dropped 14.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 778, Maidstone Road, Gillingham within a radius of 900 metres over the last 2 years.
The most recent example is 765C, Maidstone Road, Gillingham, ME8 0LR, a freehold house which sold for £500,000 on the 11th July 2022.
Read more about house prices in ME8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Maidstone Road, Gillingham, ME8 has a total of 576 addresses. According to our analysis of all the public data, 778, Maidstone Road, Gillingham is the 57th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £273k more expensive than the average property in ME8.
The closest station to 778, Maidstone Road, Gillingham is Rainham (Kent) station which is 3.6 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 778, Maidstone Road, Gillingham, 54.5% of property is privately owned outright and 41.4% 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 778, Maidstone Road, Gillingham, 16.9% of residents are recorded as possessing school level qualifications and 37.7% 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 778, Maidstone Road, 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 778, Maidstone Road, Gillingham, 1.5% 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 778, Maidstone Road, Gillingham, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.