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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
According to the public record, Flat 2, 61, Mill Road, Gillingham is a period apartment with 182 ft2 of internal area.
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 Flat 2, 61, Mill Road, Gillingham is £95,354 and the estimated rental value is £590 per month.
The apartment is within 61, Mill Road, Gillingham, ME7.
Mill Road, Gillingham, ME7 is located within the ME7 postal district.
Flat 2, 61, Mill Road, Gillingham has no records in the the Land Registry and a single entry in the EPC database dated August 2020.
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 Flat 2, 61, Mill Road, Gillingham is in very good condition we estimate a sale value of £100,122 and a rental value of £620 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £88,679 and a rental value of £549 per month.
Over the last 12 months the sale value of Flat 2 61 Mill Road Gillingham has decreased by an estimated £415 (0.4%) and its rental value has increased by an estimated £13 per month (2.1%), giving an expected gross yield of 7.4%.
Flat 2, 61, Mill Road, Gillingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 460 metres radius of Flat 2, 61, Mill Road, Gillingham over the last 2 years.
The most recent example is 60, Mill Road, Gillingham, ME7 1HW, a freehold house which sold for £410,000 on the 23rd August 2022.
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, Flat 2, 61, Mill Road, Gillingham is the 133rd largest and the 128th most expensive property on the street.
When compared to the postcode district it is £195k less expensive than the average property in ME7.
The closest station to Flat 2, 61, 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 Flat 2, 61, 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 Flat 2, 61, 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 Flat 2, 61, 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 Flat 2, 61, 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 Flat 2, 61, 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.
