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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 22B, Balmoral Road, Gillingham is £158,959 and the estimated rental value is £1,032 per month.
The apartment is within 22, Balmoral Road, Gillingham, ME7.
Balmoral Road, Gillingham, ME7 is located within the ME7 postal district.
22B, Balmoral Road, Gillingham has 31 entries in the Land Registry , most recently in September 2008 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 22B, Balmoral Road, Gillingham is in very good condition we estimate a sale value of £166,907 and a rental value of £1,083 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £147,832 and a rental value of £960 per month.
Over the last 12 months the sale value of 22B Balmoral Road Gillingham has decreased by an estimated £501 (0.3%) and its rental value has increased by an estimated £23 per month (2.2%), giving an expected gross yield of 7.8%.
22B, Balmoral Road, Gillingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Sep 2023.
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, 22B, Balmoral Road, Gillingham was last sold on 9th September 2008 for £82,700 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since September 2008, the market for similar properties has risen 64.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22B, Balmoral Road, Gillingham within a radius of 370 metres over the last 2 years.
The most recent example is Flat 1, Invicta House 2A, Kingswood Road, Gillingham, ME7 1EA, a leasehold flat which sold for £330,000 on the 17th January 2025.
Read more about house prices in ME7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balmoral Road, Gillingham, ME7 has a total of 285 addresses. According to our analysis of all the public data, 22B, Balmoral Road, Gillingham is the 189th largest and the 206th most expensive property on the street.
When compared to the postcode district it is £132k less expensive than the average property in ME7.
The closest station to 22B, Balmoral Road, Gillingham is Gillingham (Kent) station which is 200 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 22B, Balmoral Road, Gillingham, 62.6% of property is privately rented and 18.1% 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 22B, Balmoral Road, Gillingham, 29.2% of residents are recorded as possessing school level qualifications and 29.0% 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 22B, Balmoral Road, Gillingham, the average age was 34.6 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 22B, Balmoral Road, Gillingham, 0.3% 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 22B, Balmoral 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.