According to the public record, 37, Read Way, Gravesend is a mid-century freehold house with 1,410 ft2 of internal area and sits on a 460 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Read Way, Gravesend, DA12 is located in the borough of Gravesham within the DA12 postal district.
37, Read Way, Gravesend has 31 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated April 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 37 Read Way Gravesend as £451,473 and the rental value as £2,071 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 37 Read Way Gravesend has decreased by £3,242 (0.7%) and its rental value has increased by £75 per month (3.6%).
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 37, Read Way, Gravesend is in very good condition we estimate a sale value of £474,047 and rental value of £2,175 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £419,870 and a rental value of £1,926 per month.
If you were able to purchase this property for the estimated value of £451,473, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,219 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 data from HM Land Registry, 37, Read Way, Gravesend sits on a plot of 460m2.
We have plot size data on 8 out of 20 other houses in the postcode and 37, Read Way, Gravesend sits on the 8th largest plot.
According to HM Land Registry, 37, Read Way, Gravesend was last sold on 23 Sep 2022 for £537,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 4.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37, Read Way, Gravesend within a radius of 510 metres over the last 2 years.
The most recent example is 31, Read Way, Gravesend, DA12 5TQ, a Freehold house which sold for £465,000 in Nov 2023.
Read more about house prices in DA12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Read Way, Gravesend, DA12 has a total of 34 addresses. According to our analysis of all the public data, 37, Read Way, Gravesend is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £117k more expensive than the average property in DA12.
37, Read Way, Gravesend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Apr 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 37, Read Way, Gravesend is Gravesend station which is 3.2 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 37, Read Way, Gravesend, 59.2% of property is privately owned outright and 30.4% 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 37, Read Way, Gravesend, 13.4% of residents are recorded as possessing school level qualifications and 18.1% 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 37, Read Way, 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 37, Read Way, Gravesend, 1.7% 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 37, Read Way, Gravesend, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.