116 The Boathouse, Gillingham
116 The Boathouse, Gillingham
Description & Estimates
116 The Boathouse, Gillingham is recorded publicly as a modern leasehold apartment across 365 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a balcony.
Our estimate of the sale value of 116 The Boathouse, Gillingham is £148,231 and its rental estimate is £856 per month, given the available information and assuming reasonable condition.
The Boathouse, Ocean Drive is a residential building on Ocean Drive, Gillingham, ME7 and falls within the ME7 postal district.
Our Data Sources
116 The Boathouse, Gillingham has 3 entries in the Land Registry , most recently in November 2016 and a single entry in the EPC database dated February 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 116 The Boathouse, Gillingham, we estimate a market value of £155,643 and a rental value of £899 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £137,855 and £796 per month respectively.
Recent Market Change
Over the last year, 116 The Boathouse, Gillingham has seen its estimated sale value decrease by £1,365 (0.9%) and its estimated rental value grow by £13 per month (1.5%). This results in an estimated gross rental yield of 6.9%.
Energy Efficiency
116 The Boathouse, Gillingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Feb 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 116 The Boathouse, Gillingham completed on 18th November 2016 at £137,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 17.5% over the period since November 2016.
- Sold Nov 2016£137,000
- Sold Aug 2014£106,000
- Sold Sep 2011£99,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 116 The Boathouse, Gillingham have sold within a radius of 370 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th December 2024, was 93 Maritime House, Ocean Drive, Gillingham, ME7 1GT, a leasehold flat which sold for £112,000.
Read more about house prices in ME7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 319 addresses on Ocean Drive, Gillingham, ME7, 116 The Boathouse, Gillingham comes out as the 316th largest and the 304th most expensive in our analysis of the public data.
It is also £143k less expensive than the average property across the ME7 district.
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Schools Nearby
- 600mBurnt Oak Primary School
- 800mSaxon Way Primary School
- 1.0kmSt Mary's Catholic Primary School
- 400mWaterfront UTC
- 1.9kmBrompton Academy
- 2.2kmThe Robert Napier School
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Public Transport Nearby
From 116 The Boathouse, Gillingham, the nearest station is Gillingham (Kent), 1.2 kilometres away.
- 1.2kmGillingham (Kent)
- 2.9kmChatham
- 3.3kmRochester
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated high, based on Environment Agency data.
