According to the public record, 14, Forge Lane, Gravesend is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 376 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Forge Lane, Gravesend, DA12 is located in the borough of Gravesham within the DA12 postal district.
14, Forge Lane, Gravesend has 21 entries in the Land Registry database, most recently in April 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 14 Forge Lane Gravesend as £246,732 and the rental value as £1,138 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 14 Forge Lane Gravesend has increased by £3,939 (1.6%) and its rental value has increased by £68 per month (6.0%).
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 14, Forge Lane, Gravesend is in very good condition we estimate a sale value of £259,068 and rental value of £1,195 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,461 and a rental value of £1,058 per month.
If you were able to purchase this property for the estimated value of £246,732, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,213 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, 14, Forge Lane, Gravesend was last sold on 12 Apr 2022 for £170,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2022, the market for similar properties has dropped 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 520 metres radius of 14, Forge Lane, Gravesend over the last 2 years.
The most recent example is 1C, Forge Lane, Gravesend, DA12 4DS, a Freehold house which sold for £425,000 in Oct 2022.
Read more about house prices in DA12.
Forge Lane, Gravesend, DA12 has a total of 16 addresses. According to our analysis of all the public data, 14, Forge Lane, Gravesend is the 16th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in DA12.
The closest station to 14, Forge Lane, Gravesend is Gravesend station which is 2.3 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 14, Forge Lane, Gravesend, 44.6% of property is socially rented and 32.7% 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 14, Forge Lane, Gravesend, 27.4% of residents are recorded as possessing school level qualifications and 29.2% 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 14, Forge Lane, Gravesend, the average age was 38.6 and the most common age was 12.
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 14, Forge Lane, Gravesend, 0.6% 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 14, Forge Lane, Gravesend, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.