12, Water Meadow Close
12, Water Meadow Close
Description & Estimates
The public record lists 12, Water Meadow Close, Gillingham as a freehold house sitting on a 960 m2 plot.
Comparison with its neighbours suggests a modern house with 1,753 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
12, Water Meadow Close, Gillingham has an estimated sale value of £860,682 and an estimated rental value of £2,984 per month, assuming reasonable condition and based on the information available.
Water Meadow Close, Hempstead, Gillingham, ME7 lies within the ME7 postal district.
Our Data Sources
12, Water Meadow Close, Gillingham has a single entry in the Land Registry from May 2008 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.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 12, Water Meadow Close, Gillingham would be worth £903,716, with a potential rental value of £3,133 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £800,435, with a rental value of £2,775 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 12, Water Meadow Close, Gillingham has increased by £7,560 (0.9%) over the last year. During the same period, its estimated monthly rental value has grown by £100 (3.3%). The property's estimated gross yield is currently 4.2%.
Plot Size
12, Water Meadow Close, Gillingham occupies a 960 m2 plot as recorded by HM Land Registry.
Of the 21 other houses in this postcode, 20 have recorded plot sizes, and this one ranks as the 5th largest.
Sold Prices
12, Water Meadow Close, Gillingham last changed hands on 28th May 2008, selling for £475,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 28.5% since May 2008.
- Sold May 2008£475,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 12, Water Meadow Close, Gillingham across the last 2 years.
Most recently, 119, Harrow Road, Gillingham, ME7 3QB, a freehold house, sold at £750,000 on the 11th October 2023.
Read more about house prices in ME7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 12, Water Meadow Close, Gillingham as the 11th largest and the 10th most expensive of the 21 addresses on Water Meadow Close, Hempstead, Gillingham, ME7.
Against the ME7 postcode district average, it is £570k more expensive than the typical property.
More reading links
Schools Nearby
- 800mHempstead Infant School
- 900mHempstead Junior School
- 1.7kmFairview Community Primary School
- 2.1kmRainham School for Girls
- 2.2kmThe Howard School
- 2.5kmChatham Grammar
More reading links
Public Transport Nearby
Rainham (Kent) station is the nearest stop to 12, Water Meadow Close, Gillingham at 3.5 kilometres away.
- 3.5kmRainham (Kent)
- 3.8kmGillingham (Kent)
- 4.2kmChatham
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
