According to the public record, Flat 12, Stephenson House, Gravesend is a modern leasehold apartment with 957 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Stephenson House, The Grove, Gravesend, DA12.
The Grove, Gravesend, DA12 is located in the borough of Gravesham within the DA12 postal district.
Flat 12, Stephenson House, Gravesend has 2 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated March 2015.
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 Flat 12 Stephenson House Gravesend as £242,729 and the rental value as £1,416 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Flat 12 Stephenson House Gravesend has increased by £3,251 (1.3%) and its rental value has increased by £83 per month (5.8%).
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 Flat 12, Stephenson House, Gravesend is in very good condition we estimate a sale value of £254,865 and rental value of £1,487 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,738 and a rental value of £1,317 per month.
If you were able to purchase this property for the estimated value of £242,729, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,193 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, Flat 12, Stephenson House, Gravesend was last sold on 10 Mar 2021 for £242,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2021, the market for similar properties has risen 5.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, Stephenson House, Gravesend within a radius of 360 metres over the last 2 years.
The most recent example is Flat 18, Stephenson House, The Grove, Gravesend, DA12 1BF, a Leasehold flat which sold for £207,500 in Jul 2016.
Read more about house prices in DA12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Grove, Gravesend, DA12 has a total of 110 addresses. According to our analysis of all the public data, Flat 12, Stephenson House, Gravesend is the 16th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in DA12.
Flat 12, Stephenson House, Gravesend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Mar 2015.
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 Flat 12, Stephenson House, 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 Flat 12, Stephenson House, Gravesend, 44.0% of property is privately rented and 23.5% 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 Flat 12, Stephenson House, Gravesend, 11.9% of residents are recorded as possessing school level qualifications and 33.8% 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 Flat 12, Stephenson House, 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 Flat 12, Stephenson House, Gravesend, 0.3% 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 Flat 12, Stephenson House, Gravesend, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.