According to the public record, Flat 9, Broadwater House, Gravesend is a mid-century leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Broadwater House, Albion Terrace, Gravesend, DA12.
Albion Terrace, Gravesend, DA12 is located in the borough of Gravesham within the DA12 postal district.
Flat 9, Broadwater House, Gravesend has a single entry in the Land Registry database from June 2023 and a single entry in the EPC database dated February 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 9 Broadwater House Gravesend as £132,583 and the rental value as £931 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of Flat 9 Broadwater House Gravesend has increased by £1,459 (1.1%) and its rental value has increased by £52 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 Flat 9, Broadwater House, Gravesend is in very good condition we estimate a sale value of £139,212 and rental value of £977 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,302 and a rental value of £866 per month.
If you were able to purchase this property for the estimated value of £132,583, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £652 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 9, Broadwater House, Gravesend was last sold on 16 Jun 2023 for £130,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2023, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Broadwater House, Gravesend within a radius of 510 metres over the last 2 years.
The most recent example is Flat 85, Chantry Court, Gordon Place, Gravesend, DA12 2BX, a Leasehold flat which sold for £118,000 in Apr 2022.
Read more about house prices in DA12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albion Terrace, Gravesend, DA12 has a total of 51 addresses. According to our analysis of all the public data, Flat 9, Broadwater House, Gravesend is the 46th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £202k less expensive than the average property in DA12.
Flat 9, Broadwater House, Gravesend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Feb 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an LPG fired boiler and radiators.
The closest station to Flat 9, Broadwater House, Gravesend is Gravesend station which is 1.0 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 9, Broadwater House, Gravesend, 33.1% of property is privately rented and 31.5% is privately owned outright.
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 9, Broadwater House, Gravesend, 21.0% of residents are recorded as possessing school level qualifications and 17.9% 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 9, Broadwater 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 9, Broadwater House, 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 9, Broadwater House, Gravesend, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.