According to the public record, 3 Thompson House, Gravesend is a modern leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Thompson House, Hawkins Avenue, Gravesend, DA12.
Hawkins Avenue, Gravesend, DA12 is located in the borough of Gravesham within the DA12 postal district.
3 Thompson House, Gravesend has a single entry in the Land Registry database from November 2022 and a single entry in the EPC database dated October 2012.
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 3 Thompson House Gravesend as £177,018 and the rental value as £1,104 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 3 Thompson House Gravesend has increased by £1,984 (1.1%) and its rental value has increased by £61 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 3 Thompson House, Gravesend is in very good condition we estimate a sale value of £185,869 and rental value of £1,159 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,627 and a rental value of £1,026 per month.
If you were able to purchase this property for the estimated value of £177,018, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £870 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, 3 Thompson House, Gravesend was last sold on 21 Nov 2022 for £190,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2022, the market for similar properties has dropped 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Thompson House, Gravesend within a radius of 540 metres over the last 2 years.
The most recent example is 57, Hawkins Avenue, Gravesend, DA12 5NB, a Leasehold flat which sold for £190,000 in Jun 2022.
Read more about house prices in DA12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hawkins Avenue, Gravesend, DA12 has a total of 77 addresses. According to our analysis of all the public data, 3 Thompson House, Gravesend is the 71st largest and the 66th most expensive property on the street.
When compared to the postcode district it is £158k less expensive than the average property in DA12.
3 Thompson House, Gravesend has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Oct 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 3 Thompson House, Gravesend is Gravesend station which is 2.6 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 3 Thompson House, 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 3 Thompson House, 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 3 Thompson House, 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 3 Thompson House, 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 3 Thompson House, 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.