Flat 1, 226A
Flat 1, 226A
Description & Estimates
Flat 1, 226A, Hempstead Road, Gillingham is described in the public record as a modern apartment with 484 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 1, 226A, Hempstead Road, Gillingham is £195,756 and its rental estimate is £1,034 per month, given the available information and assuming reasonable condition.
Hempstead Road, Hempstead, Gillingham, ME7 falls within the ME7 postal district.
Our Data Sources
Flat 1, 226A, Hempstead Road, Gillingham has no records in the the Land Registry and a single entry in the EPC database dated November 2021.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 1, 226A, Hempstead Road, Gillingham, we estimate a market value of £205,544 and a rental value of £1,086 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £182,053 and £961 per month respectively.
Recent Market Change
Over the last year, Flat 1, 226A, Hempstead Road, Gillingham has seen its estimated sale value decline by £617 (0.3%) and its estimated rental value climb by £23 per month (2.2%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 1, 226A, Hempstead Road, Gillingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 226A, Hempstead Road, Gillingham have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th November 2020, was 59, Pine Grove, Gillingham, ME7 3QP, a leasehold flat which sold for £147,500.
Read more about house prices in ME7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 231 addresses on Hempstead Road, Hempstead, Gillingham, ME7, Flat 1, 226A, Hempstead Road, Gillingham comes out as the 230th largest and the 231st most expensive in our analysis of the public data.
It is also £95k less expensive than the average property across the ME7 district.
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Schools Nearby
- 100mHempstead Infant School
- 300mHempstead Junior School
- 1.2kmFairview Community Primary School
- 2.1kmRainham School for Girls
- 2.2kmThe Howard School
- 3.0kmRainham Mark Grammar School
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Public Transport Nearby
From Flat 1, 226A, Hempstead Road, Gillingham, the nearest station is Rainham (Kent), 3.4 kilometres away.
- 3.4kmRainham (Kent)
- 4.4kmGillingham (Kent)
- 4.9kmChatham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
