2, Meresborough Road
2, Meresborough Road
Description & Estimates
2, Meresborough Road, Gillingham is recorded publicly as a modern leasehold apartment across 441 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 2, Meresborough Road, Gillingham is £154,555 and its rental estimate is £849 per month, given the available information and assuming reasonable condition.
Meresborough Road, Rainham, Gillingham, ME8 falls within the ME8 postal district.
Our Data Sources
2, Meresborough Road, Gillingham has 61 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated February 2020.
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 2, Meresborough Road, Gillingham, we estimate a market value of £162,283 and a rental value of £891 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £143,737 and £789 per month respectively.
Recent Market Change
Over the last year, 2, Meresborough Road, Gillingham has seen its estimated sale value rise by £1,120 (0.7%) and its estimated rental value move up by £25 per month (2.9%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
2, Meresborough Road, Gillingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Meresborough Road, Gillingham completed on 1st April 2021 at £140,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 6 times.
Values of comparable properties have risen by 2.3% over the period since April 2021.
- Sold Apr 2021£140,000
- Sold Nov 2014£105,000
- Sold Jan 2008£117,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Meresborough Road, Gillingham have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th September 2024, was 20, Meresborough Road, Gillingham, ME8 8SR, a leasehold flat which sold for £150,000.
Read more about house prices in ME8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 69 addresses on Meresborough Road, Rainham, Gillingham, ME8, 2, Meresborough Road, Gillingham comes out as the 63rd largest and the 65th most expensive in our analysis of the public data.
It is also £199k less expensive than the average property across the ME8 district.
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Schools Nearby
- 500mRiverside Primary School
- 1.0kmMiers Court Primary School
- 1.1kmSt Margaret's Church of England Junior School
- 300mLeigh Academy Rainham
- 2.0kmRainham School for Girls
- 2.0kmThe Howard School
More reading links
Public Transport Nearby
From 2, Meresborough Road, Gillingham, the nearest station is Rainham (Kent), 900 metres away.
- 900mRainham (Kent)
- 3.4kmNewington
- 5.7kmGillingham (Kent)
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 very low, based on Environment Agency data.
