Flat 5, Pelham Towers 41
Flat 5, Pelham Towers 41
Description & Estimates
The public record describes Flat 5, Pelham Towers 41, Gravesend as a modern apartment with 505 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 5, Pelham Towers 41, Gravesend has an estimated sale value of £210,764 and an estimated rental value of £1,218 per month, assuming reasonable condition and based on the information available.
The apartment sits within Pelham Towers, Pelham Road, Gravesend, DA11.
Pelham Road, Gravesend, DA11 lies in the borough of Gravesham, within the DA11 postal district.
Our Data Sources
Flat 5, 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
In very good condition, we estimate Flat 5, Pelham Towers 41, Gravesend would be worth £221,303, with a potential rental value of £1,279 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £196,011, with a rental value of £1,133 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 5, Pelham Towers 41, Gravesend has fallen by £1,154 (0.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £22 (1.8%). The property's estimated gross yield is currently 6.9%.
Energy Efficiency
Flat 5, 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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 440 metres of Flat 5, Pelham Towers 41, Gravesend across the last 2 years.
Most recently, 55, Covesfield, Gravesend, DA11 0EG, a leasehold flat, sold at £207,000 on the 12th July 2024.
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
Our analysis of the public data ranks Flat 5, Pelham Towers 41, Gravesend as the 144th largest and the 124th most expensive of the 197 addresses on Pelham Road, Gravesend, DA11.
Against the DA11 postcode district average, it is £112k less expensive than the typical property.
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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
Gravesend station is the nearest stop to Flat 5, Pelham Towers 41, Gravesend at 700 metres away.
- 700mGravesend
- 2.5kmNorthfleet
- 2.6kmEbbsfleet International
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
