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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
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According to the public record, 8, The Laurels, Gillingham is a mid-century freehold house with 1,022 ft2 of internal area and sits on a 356 m2 plot.
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 8, The Laurels, Gillingham is £331,288 and the estimated rental value is £1,232 per month.
The Laurels, Gillingham, SP8 is located within the SP8 postal district.
8, The Laurels, Gillingham has 51 entries in the Land Registry , most recently in August 2020 and a single entry in the EPC database dated January 2019.
We combine this information with that of neighbouring properties to estimate the property 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 8, The Laurels, Gillingham is in very good condition we estimate a sale value of £347,853 and a rental value of £1,294 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £308,098 and a rental value of £1,146 per month.
Over the last 12 months the sale value of 8 The Laurels Gillingham has decreased by an estimated £4,775 (1.4%) and its rental value has increased by an estimated £47 per month (3.8%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 8, The Laurels, Gillingham sits on a plot of 356m2.
We have plot size data on 10 out of 10 other houses in the postcode and 8, The Laurels, Gillingham sits on the 5th largest plot.
8, The Laurels, Gillingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jan 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, 8, The Laurels, Gillingham was last sold on 12th August 2020 for £265,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since August 2020, the market for similar properties has risen 13.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, The Laurels, Gillingham within a radius of 860 metres over the last 2 years.
The most recent example is 15, Stour Meadows, Gillingham, SP8 4SG, a freehold house which sold for £382,500 on the 7th April 2022.
Read more about house prices in SP8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Laurels, Gillingham, SP8 has a total of 10 addresses. According to our analysis of all the public data, 8, The Laurels, Gillingham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £7k more expensive than the average property in SP8.
The closest station to 8, The Laurels, Gillingham is Gillingham (Dorset) station which is 1.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 8, The Laurels, Gillingham, 35.5% of property is privately owned outright and 29.8% is socially rented.
The graph below shows how this compares to South West 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 8, The Laurels, Gillingham, 14.8% of residents are recorded as possessing school level qualifications and 17.4% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8, The Laurels, Gillingham, the average age was 47.6 and the most common age was 72.
The graph below shows how this compares to South West 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 8, The Laurels, Gillingham, 1.6% of property was a second home.
Comparison figures for South West 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 8, The Laurels, Gillingham, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.
