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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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Public records show 12B, Pier Road, Gillingham to be a period leasehold apartment with 430 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
12B, Pier Road, Gillingham has an estimated sale value of £131,711 and an estimated rental value of £904 per month, assuming reasonable condition and based on the information available.
The apartment sits within 12, Pier Road, Gillingham, ME7.
Pier Road, Gillingham, ME7 lies within the ME7 postal district.
12B, Pier Road, Gillingham has a single entry in the Land Registry from March 2007 and a single entry in the EPC database dated November 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.
In very good condition, we estimate 12B, Pier Road, Gillingham would be worth £138,296, with a potential rental value of £949 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £122,491, with a rental value of £841 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 12B, Pier Road, Gillingham has moved up by £490 (0.4%) over the last year. During the same period, its estimated monthly rental value has increased by £26 (2.9%). The property's estimated gross yield is currently 8.2%.
12B, Pier Road, Gillingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Nov 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
12B, Pier Road, Gillingham last changed hands on 13th March 2007, selling for £115,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 55.8% since March 2007.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 350 metres of 12B, Pier Road, Gillingham across the last 2 years.
Most recently, 93 Maritime House, Ocean Drive, Gillingham, ME7 1GT, a leasehold flat, sold at £112,000 on the 9th December 2024.
Read more about house prices in ME7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 12B, Pier Road, Gillingham as the 70th largest and the 73rd most expensive of the 77 addresses on Pier Road, Gillingham, ME7.
Against the ME7 postcode district average, it is £159k less expensive than the typical property.
Gillingham (Kent) station is the nearest stop to 12B, Pier Road, Gillingham at 1.0 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 12B, Pier Road, Gillingham, 50.4% of property is privately rented and 25.6% 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 12B, Pier Road, Gillingham, 37.3% of residents are recorded as possessing school level qualifications and 25.4% 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 12B, Pier 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 12B, Pier 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 12B, Pier Road, Gillingham, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.
