2 Grenic Mews, Gillingham
2 Grenic Mews, Gillingham
Description & Estimates
Public records show 2 Grenic Mews, Gillingham to be a modern freehold house with 1,151 ft2 of internal area, sitting on a 91.3 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
2 Grenic Mews, Gillingham has an estimated sale value of £349,700 and an estimated rental value of £1,518 per month, assuming reasonable condition and based on the information available.
Lower Rainham Road, Gillingham, ME7 lies within the ME7 postal district.
Our Data Sources
2 Grenic Mews, Gillingham has 2 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated May 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2 Grenic Mews, Gillingham would be worth £367,185, with a potential rental value of £1,594 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £325,221, with a rental value of £1,411 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 2 Grenic Mews, Gillingham has climbed by £3,072 (0.9%) over the last year. During the same period, its estimated monthly rental value has risen by £51 (3.3%). The property's estimated gross yield is currently 5.2%.
Plot Size
2 Grenic Mews, Gillingham occupies a 91 m2 plot as recorded by HM Land Registry.
Of the 18 other houses in this postcode, 14 have recorded plot sizes, and this one ranks as the 13th largest.
Energy Efficiency
2 Grenic Mews, Gillingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 May 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
2 Grenic Mews, Gillingham last changed hands on 10th August 2022, selling for £342,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 0.4% since August 2022.
- Sold Aug 2022£342,000
- Sold Jun 2016£264,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 850 metres of 2 Grenic Mews, Gillingham across the last 2 years.
Most recently, 233, Grange Road, Gillingham, ME7 2TL, a freehold house, sold at £430,000 on the 20th December 2022.
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
Our analysis of the public data ranks 2 Grenic Mews, Gillingham as the 27th largest and the 41st most expensive of the 69 addresses on Lower Rainham Road, Gillingham, ME7.
Against the ME7 postcode district average, it is £59k more expensive than the typical property.
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Schools Nearby
- 1.1kmThe Academy of Woodlands
- 1.2kmSaxon Way Primary School
- 1.4kmFeatherby Infant and Nursery School
- 1.7kmThe Robert Napier School
- 2.1kmWaterfront UTC
- 2.4kmRainham Mark Grammar School
More reading links
Public Transport Nearby
Gillingham (Kent) station is the nearest stop to 2 Grenic Mews, Gillingham at 1.8 kilometres away.
- 1.8kmGillingham (Kent)
- 3.5kmRainham (Kent)
- 4.0kmChatham
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
