According to the public record, 2 Salem Villas, Gravesend is a period leasehold house with 850 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Trafalgar Road, Gravesend, DA11 is located in the borough of Gravesham within the DA11 postal district.
2 Salem Villas, Gravesend has 31 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated January 2022.
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 2 Salem Villas Gravesend as £262,270 and the rental value as £1,422 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 2 Salem Villas Gravesend has increased by £1,597 (0.6%) and its rental value has increased by £72 per month (5.1%).
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 2 Salem Villas, Gravesend is in very good condition we estimate a sale value of £275,384 and rental value of £1,493 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,911 and a rental value of £1,322 per month.
If you were able to purchase this property for the estimated value of £262,270, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,289 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, 2 Salem Villas, Gravesend was last sold on 08 Jul 2022 for £275,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Salem Villas, Gravesend within a radius of 390 metres over the last 2 years.
The most recent example is 12, Arthur Street, Gravesend, DA11 0PP, a Freehold house which sold for £277,500 in Jul 2023.
Read more about house prices in DA11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Trafalgar Road, Gravesend, DA11 has a total of 16 addresses. According to our analysis of all the public data, 2 Salem Villas, Gravesend is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in DA11.
2 Salem Villas, Gravesend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jan 2022.
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 2 Salem Villas, Gravesend is Gravesend station which is 400 metres 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 2 Salem Villas, Gravesend, 30.3% of property is privately rented and 29.7% is privately owned outright.
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 2 Salem Villas, Gravesend, 16.8% of residents are recorded as possessing school level qualifications and 36.7% 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 2 Salem Villas, Gravesend, the average age was 41.4 and the most common age was 52.
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 2 Salem Villas, Gravesend, 2.8% 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 2 Salem Villas, Gravesend, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.