According to the public record, Basement Flat, 68, Milton Road, Gravesend is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 825 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 68, Milton Road, Gravesend, DA12.
Milton Road, Gravesend, DA12 is located in the borough of Gravesham within the DA12 postal district.
Basement Flat, 68, Milton Road, Gravesend has 2 entries in the Land Registry database, most recently in April 2014 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 Basement Flat 68 Milton Road Gravesend as £184,477 and the rental value as £1,213 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of Basement Flat 68 Milton Road Gravesend has increased by £2,022 (1.1%) and its rental value has increased by £67 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 Basement Flat, 68, Milton Road, Gravesend is in very good condition we estimate a sale value of £193,701 and rental value of £1,274 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,564 and a rental value of £1,128 per month.
If you were able to purchase this property for the estimated value of £184,477, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £907 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, Basement Flat, 68, Milton Road, Gravesend was last sold on 28 Apr 2014 for £218,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2014, the market for similar properties has risen 46.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Basement Flat, 68, Milton Road, Gravesend within a radius of 470 metres over the last 2 years.
The most recent example is 6, Wellington Street, Gravesend, DA12 1JA, a Leasehold flat which sold for £210,000 in May 2024.
Read more about house prices in DA12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milton Road, Gravesend, DA12 has a total of 182 addresses. According to our analysis of all the public data, Basement Flat, 68, Milton Road, Gravesend is the 54th largest and the 115th most expensive property on the street.
When compared to the postcode district it is £150k less expensive than the average property in DA12.
The closest station to Basement Flat, 68, Milton Road, Gravesend is Gravesend station which is 900 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, 68, Milton Road, Gravesend, 35.8% of property is socially rented and 28.5% 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, 68, Milton Road, Gravesend, 18.8% of residents are recorded as possessing school level qualifications and 21.4% 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, 68, Milton Road, Gravesend, the average age was 36.6 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, 68, Milton Road, 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, 68, Milton Road, Gravesend, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.