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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Regaes, Gillingham is £374,711 and the estimated rental value is £1,489 per month.
Forge Lane, Bredhurst, Gillingham, ME7 is located in the borough of Maidstone within the ME7 postal district.
Regaes, Gillingham has a single entry in the Land Registry from January 2015 and a single entry in the EPC database dated September 2014.
We combine this information with that 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.
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 Regaes, Gillingham is in very good condition we estimate a sale value of £393,446 and a rental value of £1,564 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £348,481 and a rental value of £1,385 per month.
Over the last 12 months the sale value of Regaes Gillingham has increased by an estimated £355 (0.1%) and its rental value has increased by an estimated £37 per month (2.5%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, Regaes, Gillingham sits on a plot of 487m2.
We have plot size data on 23 out of 23 other houses in the postcode and Regaes, Gillingham sits on the 18th largest plot.
Regaes, Gillingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Sep 2014.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Regaes, Gillingham was last sold on 6th January 2015 for £240,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2015, the market for similar properties has risen 16.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Regaes, Gillingham within a radius of 1.6 kilometres over the last 2 years.
The most recent example is Green Court Cottage, Forge Lane, Gillingham, ME7 3JW, a freehold house which sold for £310,000 on the 22nd April 2022.
Read more about house prices in ME7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forge Lane, Bredhurst, Gillingham, ME7 has a total of 63 addresses. According to our analysis of all the public data, Regaes, Gillingham is the 57th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £84k more expensive than the average property in ME7.
The closest station to Regaes, Gillingham is Rainham (Kent) station which is 4.7 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 Regaes, Gillingham, 43.2% of property is privately owned with a mortgage and 42.1% 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 Regaes, Gillingham, 13.9% of residents are recorded as possessing school level qualifications and 32.3% 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 Regaes, Gillingham, the average age was 41.1 and the most common age was 57.
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 Regaes, Gillingham, 0.7% 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 Regaes, Gillingham, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.