According to the public record, Flat J, Essex Court, Gravesend is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Essex Court, Essex Road, Gravesend, DA11.
Essex Road, Gravesend, DA11 is located in the borough of Gravesham within the DA11 postal district.
Flat J, Essex Court, Gravesend has 41 entries in the Land Registry database, most recently in December 2016 and a single entry in the EPC database dated May 2018.
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 J Essex Court Gravesend as £169,115 and the rental value as £1,067 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of Flat J Essex Court Gravesend has increased by £3,604 (2.1%) and its rental value has increased by £71 per month (6.7%).
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 J, Essex Court, Gravesend is in very good condition we estimate a sale value of £177,571 and rental value of £1,120 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £157,277 and a rental value of £992 per month.
If you were able to purchase this property for the estimated value of £169,115, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £831 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 J, Essex Court, Gravesend was last sold on 20 Dec 2016 for £87,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Dec 2016, the market for similar properties has risen 10.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat J, Essex Court, Gravesend within a radius of 430 metres over the last 2 years.
The most recent example is 80, St. James Oaks, Gravesend, DA11 0QU, a Leasehold flat which sold for £135,000 in Oct 2023.
Read more about house prices in DA11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Essex Road, Gravesend, DA11 has a total of 57 addresses. According to our analysis of all the public data, Flat J, Essex Court, Gravesend is the 46th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £148k less expensive than the average property in DA11.
Flat J, Essex Court, Gravesend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 May 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat J, Essex Court, Gravesend is Gravesend station which is 700 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 J, Essex Court, Gravesend, 30.3% of property is privately rented and 29.7% 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 J, Essex Court, Gravesend, 16.8% of residents are recorded as possessing school level qualifications and 36.7% 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 J, Essex 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 J, Essex Court, Gravesend, 2.8% 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 J, Essex Court, 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.