Flat 4, 49-51
Flat 4, 49-51
Description & Estimates
Flat 4, 49-51, Balmoral Road, Gillingham is described in the public record as a modern apartment with 1,130 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 4, 49-51, Balmoral Road, Gillingham is £223,407 and its rental estimate is £1,324 per month, given the available information and assuming reasonable condition.
49-51, Balmoral Road is a residential building on Balmoral Road, Gillingham, ME7 and falls within the ME7 postal district.
Our Data Sources
Flat 4, 49-51, Balmoral Road, Gillingham has no records in the the Land Registry and a single entry in the EPC database dated August 2016.
We combine this information with public data 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.
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 4, 49-51, Balmoral Road, Gillingham, we estimate a market value of £234,577 and a rental value of £1,390 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £207,768 and £1,231 per month respectively.
Recent Market Change
Over the last year, Flat 4, 49-51, Balmoral Road, Gillingham has seen its estimated sale value decline by £2,558 (1.1%) and its estimated rental value climb by £18 per month (1.3%). This results in an estimated gross rental yield of 7.1%.
Energy Efficiency
Flat 4, 49-51, Balmoral Road, Gillingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Aug 2016.
The property is not 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 4, 49-51, Balmoral Road, Gillingham have sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th November 2022, was Flat 4, Aleesha House 21, Railway Street, Gillingham, ME7 1XF, a leasehold flat which sold for £160,000.
Read more about house prices in ME7.
- Sold Nov 2022£160,000 | 3 Bed FlatAleesha House 21, Railway StreetFlat 4, Aleesha House 21, Railway Street, Gillingham, ME7 1XF
- Sold Sep 2017£200,000 | 3 Bed Flat49-51, Balmoral RoadFlat 2, 49-51, Balmoral Road, Gillingham, ME7 4NT
- Sold Mar 2016£149,000 | 3 Bed Flat63, Balmoral RoadFlat 1, 63, Balmoral Road, Gillingham, ME7 4NT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 285 addresses on Balmoral Road, Gillingham, ME7, Flat 4, 49-51, Balmoral Road, Gillingham comes out as the 54th largest and the 153rd most expensive in our analysis of the public data.
It is also £68k less expensive than the average property across the ME7 district.
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Schools Nearby
- 400mOasis Academy Skinner Street
- 400mSt Mary's Catholic Primary School
- 500mNapier Community Primary and Nursery Academy
- 900mBrompton Academy
- 1.2kmThe Robert Napier School
- 1.2kmWaterfront UTC
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Public Transport Nearby
From Flat 4, 49-51, Balmoral Road, Gillingham, the nearest station is Gillingham (Kent), 0 metres away.
- 0mGillingham (Kent)
- 2.1kmChatham
- 2.8kmRochester
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
