According to the public record, Flat 8, The Maltings, Gravesend is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 486 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Maltings, Clifton Road, Gravesend, DA11.
Clifton Road, Gravesend, DA11 is located in the borough of Gravesham within the DA11 postal district.
Flat 8, The Maltings, Gravesend has 21 entries in the Land Registry database, most recently in May 2007 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 Flat 8 The Maltings Gravesend as £162,130 and the rental value as £1,050 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of Flat 8 The Maltings Gravesend has increased by £4,257 (2.6%) and its rental value has increased by £76 per month (7.2%).
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 8, The Maltings, Gravesend is in very good condition we estimate a sale value of £170,236 and rental value of £1,103 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,781 and a rental value of £977 per month.
If you were able to purchase this property for the estimated value of £162,130, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £797 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 8, The Maltings, Gravesend was last sold on 25 May 2007 for £72,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2007, the market for similar properties has risen 45.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, The Maltings, Gravesend within a radius of 600 metres over the last 2 years.
The most recent example is Flat 72, The Maltings, Clifton Road, Gravesend, DA11 0AN, a Leasehold flat which sold for £145,000 in Feb 2024.
Read more about house prices in DA11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clifton Road, Gravesend, DA11 has a total of 92 addresses. According to our analysis of all the public data, Flat 8, The Maltings, Gravesend is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in DA11.
The closest station to Flat 8, The Maltings, 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 8, The Maltings, Gravesend, 32.8% of property is privately owned outright and 31.0% 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 8, The Maltings, Gravesend, 5.5% of residents are recorded as possessing school level qualifications and 25.9% 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 8, The Maltings, 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 Flat 8, The Maltings, 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 Flat 8, The Maltings, Gravesend, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.