According to the public record, Basement Flat, 55, The Terrace, Gravesend is a period apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 55, The Terrace, Gravesend, DA12.
The Terrace, Gravesend, DA12 is located in the borough of Gravesham within the DA12 postal district.
Basement Flat, 55, The Terrace, Gravesend has no records in the Land Registry database and a single entry in the EPC database dated September 2023.
We combine this information with public data 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 Basement Flat 55 The Terrace Gravesend as £168,087 and the rental value as £1,087 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of Basement Flat 55 The Terrace Gravesend has increased by £2,058 (1.2%) and its rental value has increased by £62 per month (5.7%).
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 Basement Flat, 55, The Terrace, Gravesend is in very good condition we estimate a sale value of £176,492 and rental value of £1,142 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £156,321 and a rental value of £1,011 per month.
If you were able to purchase this property for the estimated value of £168,087, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £826 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Basement Flat, 55, The Terrace, Gravesend within a radius of 460 metres over the last 2 years.
The most recent example is 58A, The Terrace, Gravesend, DA12 2BB, a Leasehold flat which sold for £175,000 in Dec 2021.
Read more about house prices in DA12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Terrace, Gravesend, DA12 has a total of 146 addresses. According to our analysis of all the public data, Basement Flat, 55, The Terrace, Gravesend is the 50th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in DA12.
Basement Flat, 55, The Terrace, Gravesend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Sep 2023.
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 Basement Flat, 55, The Terrace, Gravesend is Gravesend station which is 500 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 Basement Flat, 55, The Terrace, Gravesend, 60.8% of property is socially rented and 17.6% is privately rented.
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 Basement Flat, 55, The Terrace, Gravesend, 21.4% of residents are recorded as possessing school level qualifications and 14.5% 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 Basement Flat, 55, The Terrace, Gravesend, the average age was 37.5 and the most common age was 32.
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 Basement Flat, 55, The Terrace, 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 Basement Flat, 55, The Terrace, Gravesend, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.