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Company No. 11113204
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According to the public record, 7A, Laurel Road, Gillingham is a modern freehold house with 979 ft2 of internal area.
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 7A, Laurel Road, Gillingham is £320,290 and the estimated rental value is £1,460 per month.
Laurel Road, Gillingham, ME7 is located within the ME7 postal district.
7A, Laurel Road, Gillingham has 2 entries in the Land Registry , most recently in November 2017 and a single entry in the EPC database dated September 2017.
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 7A, Laurel Road, Gillingham is in very good condition we estimate a sale value of £336,304 and a rental value of £1,533 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £297,869 and a rental value of £1,358 per month.
Over the last 12 months the sale value of 7A Laurel Road Gillingham has decreased by an estimated £1,976 (0.6%) and its rental value has increased by an estimated £28 per month (1.9%), giving an expected gross yield of 5.5%.
7A, Laurel Road, Gillingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Sep 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7A, Laurel Road, Gillingham was last sold on 16th November 2017 for £285,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2017, the market for similar properties has risen 36.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7A, Laurel Road, Gillingham within a radius of 480 metres over the last 2 years.
The most recent example is 17, Augusta Close, Gillingham, ME7 1FG, a freehold house which sold for £235,000 on the 18th December 2020.
Read more about house prices in ME7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laurel Road, Gillingham, ME7 has a total of 17 addresses. According to our analysis of all the public data, 7A, Laurel Road, Gillingham is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £30k more expensive than the average property in ME7.
The closest station to 7A, Laurel Road, Gillingham is Gillingham (Kent) station which is 1.0 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 7A, Laurel Road, Gillingham, 35.2% of property is privately owned with a mortgage and 30.3% is privately rented.
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 7A, Laurel Road, Gillingham, 26.5% of residents are recorded as possessing school level qualifications and 28.5% 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 7A, Laurel Road, Gillingham, the average age was 33.6 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 7A, Laurel Road, Gillingham, 0.5% 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 7A, Laurel Road, Gillingham, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
