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According to the public record, 31A, Gillingham Road, Gillingham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 671 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 31A, Gillingham Road, Gillingham is £157,030 and the estimated rental value is £1,009 per month.
The apartment is within 31, Gillingham Road, Gillingham, ME7.
Gillingham Road, Gillingham, ME7 is located within the ME7 postal district.
31A, Gillingham Road, Gillingham has 51 entries in the Land Registry , most recently in April 2019 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 1 out of 5 and is considered of low 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 31A, Gillingham Road, Gillingham is in very good condition we estimate a sale value of £164,881 and a rental value of £1,060 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £146,038 and a rental value of £938 per month.
Over the last 12 months the sale value of 31A Gillingham Road Gillingham has decreased by an estimated £1,416 (0.9%) and its rental value has increased by an estimated £16 per month (1.6%), giving an expected gross yield of 7.7%.
According to HM Land Registry, 31A, Gillingham Road, Gillingham was last sold on 18th April 2019 for £136,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since April 2019, the market for similar properties has risen 18.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31A, Gillingham Road, Gillingham within a radius of 380 metres over the last 2 years.
The most recent example is 53B, Rock Avenue, Gillingham, ME7 5PU, a leasehold flat which sold for £164,000 on the 18th August 2023.
Read more about house prices in ME7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gillingham Road, Gillingham, ME7 has a total of 344 addresses. According to our analysis of all the public data, 31A, Gillingham Road, Gillingham is the 245th largest and the 289th most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in ME7.
The closest station to 31A, Gillingham Road, Gillingham is Gillingham (Kent) station which is 600 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 31A, Gillingham Road, Gillingham, 47.8% of property is privately rented and 26.1% 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 31A, Gillingham Road, Gillingham, 24.8% of residents are recorded as possessing school level qualifications and 32.0% 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 31A, Gillingham Road, Gillingham, the average age was 35.7 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 31A, Gillingham Road, Gillingham, 0.0% 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 31A, Gillingham Road, Gillingham, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
