According to the public record, Flat 6, Milton Court, Gravesend is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Milton Court, Spring Grove, Gravesend, DA12.
Spring Grove, Gravesend, DA12 is located in the borough of Gravesham within the DA12 postal district.
Flat 6, Milton Court, Gravesend has 41 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated January 2020.
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 6 Milton Court Gravesend as £250,219 and the rental value as £1,304 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 6 Milton Court Gravesend has increased by £3,259 (1.3%) and its rental value has increased by £75 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 Flat 6, Milton Court, Gravesend is in very good condition we estimate a sale value of £262,730 and rental value of £1,370 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,704 and a rental value of £1,213 per month.
If you were able to purchase this property for the estimated value of £250,219, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,230 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 6, Milton Court, Gravesend was last sold on 11 Dec 2020 for £230,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Dec 2020, the market for similar properties has risen 5.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Milton Court, Gravesend within a radius of 490 metres over the last 2 years.
The most recent example is Flat 24, Milton Court, Spring Grove, Gravesend, DA12 1ND, a Leasehold flat which sold for £215,000 in Oct 2020.
Read more about house prices in DA12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Grove, Gravesend, DA12 has a total of 54 addresses. According to our analysis of all the public data, Flat 6, Milton Court, Gravesend is the 36th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £85k less expensive than the average property in DA12.
Flat 6, Milton Court, Gravesend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Jan 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 6, Milton Court, Gravesend is Gravesend station which is 1.1 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 Flat 6, Milton Court, Gravesend, 43.3% of property is privately owned outright and 27.5% 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 Flat 6, Milton Court, Gravesend, 16.0% of residents are recorded as possessing school level qualifications and 33.5% 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 Flat 6, Milton Court, Gravesend, the average age was 41.4 and the most common age was 52.
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 6, Milton Court, Gravesend, 1.8% 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 6, Milton Court, 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.