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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 E, 55, Balmoral Road, Gillingham is a modern apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat E, 55, Balmoral Road, Gillingham is £161,139 and the estimated rental value is £1,011 per month.
The apartment is within 55, Balmoral Road, Gillingham, ME7.
Balmoral Road, Gillingham, ME7 is located within the ME7 postal district.
Flat E, 55, Balmoral Road, Gillingham 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.
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 E, 55, Balmoral Road, Gillingham is in very good condition we estimate a sale value of £169,196 and a rental value of £1,061 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £149,859 and a rental value of £940 per month.
Over the last 12 months the sale value of Flat E 55 Balmoral Road Gillingham has decreased by an estimated £1,668 (1.0%) and its rental value has increased by an estimated £17 per month (1.7%), giving an expected gross yield of 7.5%.
Flat E, 55, Balmoral Road, Gillingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Dec 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat E, 55, Balmoral Road, Gillingham within a radius of 370 metres over the last 2 years.
The most recent example is Flat 1, Bindra Court 4, Balmoral Road, Gillingham, ME7 4PG, a leasehold flat which sold for £280,000 on the 13th January 2022.
Read more about house prices in ME7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balmoral Road, Gillingham, ME7 has a total of 283 addresses. According to our analysis of all the public data, Flat E, 55, Balmoral Road, Gillingham is the 186th largest and the 198th most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in ME7.
The closest station to Flat E, 55, Balmoral Road, Gillingham is Gillingham (Kent) station which is 0 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 E, 55, Balmoral Road, Gillingham, 61.0% of property is privately rented and 14.8% is privately owned outright.
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 E, 55, Balmoral Road, Gillingham, 25.7% of residents are recorded as possessing school level qualifications and 25.3% 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 E, 55, Balmoral Road, Gillingham, the average age was 37.9 and the most common age was 32.
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 E, 55, Balmoral 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 E, 55, Balmoral Road, Gillingham, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
