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Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 57A, Mill Road, Gillingham is £143,721 and the estimated rental value is £903 per month.
The apartment is within 57, Mill Road, Gillingham, ME7.
Mill Road, Gillingham, ME7 is located within the ME7 postal district.
57A, Mill Road, Gillingham has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2010.
We combine this information with public data of neighbouring properties to estimate the property 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 57A, Mill Road, Gillingham is in very good condition we estimate a sale value of £150,908 and a rental value of £948 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £133,661 and a rental value of £840 per month.
Over the last 12 months the sale value of 57A Mill Road Gillingham has increased by an estimated £192 (0.1%) and its rental value has increased by an estimated £24 per month (2.6%), giving an expected gross yield of 7.5%.
57A, Mill Road, Gillingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Sep 2010.
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, 57A, Mill Road, Gillingham was last sold on 17th September 2004 for £45,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 57A, Mill Road, Gillingham within a radius of 460 metres over the last 2 years.
The most recent example is 134A, Gardiner Street, Gillingham, ME7 1DN, a leasehold flat which sold for £127,000 on the 23rd June 2023.
Read more about house prices in ME7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Road, Gillingham, ME7 has a total of 135 addresses. According to our analysis of all the public data, 57A, Mill Road, Gillingham is the 118th largest and the 113th most expensive property on the street.
When compared to the postcode district it is £147k less expensive than the average property in ME7.
The closest station to 57A, Mill Road, Gillingham is Gillingham (Kent) station which is 800 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 57A, Mill Road, Gillingham, 55.9% of property is privately rented and 23.5% 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 57A, Mill Road, Gillingham, 23.2% of residents are recorded as possessing school level qualifications and 20.0% 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 57A, Mill Road, Gillingham, the average age was 35.5 and the most common age was 22.
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 57A, Mill 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 57A, Mill 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.