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Flat B, 28, Burnt Oak Terrace, Gillingham is recorded publicly as a period leasehold apartment across 398 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat B, 28, Burnt Oak Terrace, Gillingham is £147,888 and its rental estimate is £891 per month, given the available information and assuming reasonable condition.
28, Burnt Oak Terrace is a residential building on Burnt Oak Terrace, Gillingham, ME7 and falls within the ME7 postal district.
Flat B, 28, Burnt Oak Terrace, Gillingham has a single entry in the Land Registry from July 2007 and a single entry in the EPC database dated September 2016.
We combine this information with that 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.
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 B, 28, Burnt Oak Terrace, Gillingham, we estimate a market value of £155,282 and a rental value of £935 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £137,536 and £828 per month respectively.
Over the last year, Flat B, 28, Burnt Oak Terrace, Gillingham has seen its estimated sale value climb by £550 (0.4%) and its estimated rental value rise by £26 per month (2.9%). This results in an estimated gross rental yield of 7.2%.
Flat B, 28, Burnt Oak Terrace, Gillingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Sep 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat B, 28, Burnt Oak Terrace, Gillingham completed on 3rd July 2007 at £110,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 57.7% over the period since July 2007.
Over the past 2 years 3 properties similar to Flat B, 28, Burnt Oak Terrace, Gillingham have sold within a radius of 330 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd June 2023, was 134A, Gardiner Street, Gillingham, ME7 1DN, a leasehold flat which sold for £127,000.
Read more about house prices in ME7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 128 addresses on Burnt Oak Terrace, Gillingham, ME7, Flat B, 28, Burnt Oak Terrace, Gillingham comes out as the 128th largest and the 124th most expensive in our analysis of the public data.
It is also £143k less expensive than the average property across the ME7 district.
From Flat B, 28, Burnt Oak Terrace, Gillingham, the nearest station is Gillingham (Kent), 400 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat B, 28, Burnt Oak Terrace, Gillingham, 58.7% of property is privately rented and 26.3% 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 B, 28, Burnt Oak Terrace, Gillingham, 22.1% of residents are recorded as possessing school level qualifications and 27.6% 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 B, 28, Burnt Oak Terrace, Gillingham, the average age was 33.6 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 B, 28, Burnt Oak Terrace, 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 B, 28, Burnt Oak Terrace, Gillingham, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.
