Flat 3, Pelham Towers 41
Flat 3, Pelham Towers 41
Description & Estimates
Flat 3, Pelham Towers 41, Gravesend is described in the public record as a modern apartment with 505 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 3, Pelham Towers 41, Gravesend is £210,764 and its rental estimate is £1,218 per month, given the available information and assuming reasonable condition.
Pelham Towers, Pelham Road is a residential building on Pelham Road, Gravesend, DA11 and falls within the DA11 postal district and the borough of Gravesham.
Our Data Sources
Flat 3, Pelham Towers 41, Gravesend has no records in the the Land Registry and a single entry in the EPC database dated December 2015.
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 3, Pelham Towers 41, Gravesend, we estimate a market value of £221,303 and a rental value of £1,279 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £196,011 and £1,133 per month respectively.
Recent Market Change
Over the last year, Flat 3, Pelham Towers 41, Gravesend has seen its estimated sale value decline by £1,154 (0.5%) and its estimated rental value climb by £22 per month (1.8%). This results in an estimated gross rental yield of 6.9%.
Energy Efficiency
Flat 3, Pelham Towers 41, Gravesend has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Dec 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, Pelham Towers 41, Gravesend have sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th July 2024, was 55, Covesfield, Gravesend, DA11 0EG, a leasehold flat which sold for £207,000.
Read more about house prices in DA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 197 addresses on Pelham Road, Gravesend, DA11, Flat 3, Pelham Towers 41, Gravesend comes out as the 145th largest and the 125th most expensive in our analysis of the public data.
It is also £112k less expensive than the average property across the DA11 district.
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Schools Nearby
- 500mCecil Road Primary and Nursery School
- 500mCopperfield Academy
- 600mWrotham Road Primary School
- 100mMayfield Grammar School, Gravesend
- 1.1kmNorthfleet Technology College
- 1.5kmNorthfleet School for Girls
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Public Transport Nearby
From Flat 3, Pelham Towers 41, Gravesend, the nearest station is Gravesend, 700 metres away.
- 700mGravesend
- 2.5kmNorthfleet
- 2.6kmEbbsfleet International
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
