According to the public record, 1, Mallory Close, Gravesend is a modern leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Mallory Close, Gravesend, DA12 is located in the borough of Gravesham within the DA12 postal district.
1, Mallory Close, Gravesend has 2 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated August 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Mallory Close Gravesend as £184,688 and the rental value as £1,117 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 1 Mallory Close Gravesend has increased by £2,070 (1.1%) and its rental value has increased by £62 per month (5.5%).
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 1, Mallory Close, Gravesend is in very good condition we estimate a sale value of £193,923 and rental value of £1,173 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,760 and a rental value of £1,039 per month.
If you were able to purchase this property for the estimated value of £184,688, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £908 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Mallory Close, Gravesend was last sold on 26 Mar 2021 for £160,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2021, the market for similar properties has risen 6.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Mallory Close, Gravesend within a radius of 500 metres over the last 2 years.
The most recent example is 7, Mallory Close, Gravesend, DA12 5FD, a Leasehold flat which sold for £165,000 in Dec 2020.
Read more about house prices in DA12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mallory Close, Gravesend, DA12 has a total of 15 addresses. According to our analysis of all the public data, 1, Mallory Close, Gravesend is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £150k less expensive than the average property in DA12.
1, Mallory Close, Gravesend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Aug 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Mallory Close, Gravesend is Gravesend station which is 2.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Mallory Close, Gravesend, 50.4% of property is socially rented and 29.4% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 1, Mallory Close, Gravesend, 30.7% of residents are recorded as possessing school level qualifications and 26.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Mallory Close, Gravesend, the average age was 37 and the most common age was 7.
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 1, Mallory Close, Gravesend, 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 1, Mallory Close, Gravesend, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.