According to the public record, Flat C, 1, South Street, Gravesend is a period leasehold apartment and with 322 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 1, South Street, Gravesend, DA12.
South Street, Gravesend, DA12 is located in the borough of Gravesham within the DA12 postal district.
Flat C, 1, South Street, Gravesend has a single entry in the Land Registry database from August 2017 and 2 entries in the EPC database, most recently in January 2019.
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 C 1 South Street Gravesend as £138,317 and the rental value as £868 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of Flat C 1 South Street Gravesend has increased by £2,523 (1.8%) and its rental value has increased by £55 per month (6.3%).
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 C, 1, South Street, Gravesend is in very good condition we estimate a sale value of £145,233 and rental value of £911 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £128,635 and a rental value of £807 per month.
If you were able to purchase this property for the estimated value of £138,317, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £680 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 C, 1, South Street, Gravesend was last sold on 25 Aug 2017 for £140,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2017, the market for similar properties has risen 10.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat C, 1, South Street, Gravesend within a radius of 248m over the last 2 years.
The most recent example is Flat 3, 75, Parrock Street, Gravesend, DA12 1HF, a Leasehold flat which sold for £155,000 in Oct 2022.
Read more about house prices in DA12.
South Street, Gravesend, DA12 has a total of 20 addresses. According to our analysis of all the public data, Flat C, 1, South Street, Gravesend is the 20th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in DA12.
Flat C, 1, South Street, Gravesend has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Jan 2019.
The property is connected to mains gas and has single glazed windows. It is heated using a community scheme.
The closest station to Flat C, 1, South Street, Gravesend is Gravesend station which is 400 m 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 C, 1, South Street, Gravesend, 63.7% of property is privately rented and 17.4% 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 C, 1, South Street, Gravesend, 21.4% 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 C, 1, South Street, 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 C, 1, South Street, Gravesend, 0.7% 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 C, 1, South Street, 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.