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According to the public record, 2, Waters Place, Gillingham is a modern freehold house with 1,248 ft2 of internal area and sits on a 487 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Waters Place, Gillingham is £553,056 and the estimated rental value is £2,052 per month.
Waters Place, Hempstead, Gillingham, ME7 is located within the ME7 postal district.
2, Waters Place, Gillingham has 21 entries in the Land Registry , most recently in December 2019 and a single entry in the EPC database dated August 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 2, Waters Place, Gillingham is in very good condition we estimate a sale value of £580,709 and a rental value of £2,154 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £514,342 and a rental value of £1,908 per month.
Over the last 12 months the sale value of 2 Waters Place Gillingham has increased by an estimated £2,776 (0.5%) and its rental value has increased by an estimated £61 per month (3.0%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 2, Waters Place, Gillingham sits on a plot of 487m2.
We have plot size data on 7 out of 7 other houses in the postcode and 2, Waters Place, Gillingham sits on the 3rd largest plot.
2, Waters Place, Gillingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Aug 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Waters Place, Gillingham was last sold on 17th December 2019 for £450,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2019, the market for similar properties has dropped 18.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Waters Place, Gillingham within a radius of 890 metres over the last 2 years.
The most recent example is 16, Evergreen Close, Gillingham, ME7 3QY, a freehold house which sold for £517,500 on the 5th October 2023.
Read more about house prices in ME7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Waters Place, Hempstead, Gillingham, ME7 has a total of 7 addresses. According to our analysis of all the public data, 2, Waters Place, Gillingham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £263k more expensive than the average property in ME7.
The closest station to 2, Waters Place, Gillingham is Rainham (Kent) station which is 3.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 2, Waters Place, Gillingham, 48.6% of property is privately owned outright and 45.8% is privately owned with a mortgage.
The graph below shows how this compares to South East 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 2, Waters Place, Gillingham, 23.5% of residents are recorded as possessing school level qualifications and 38.2% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Waters Place, Gillingham, the average age was 45.5 and the most common age was 62.
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 2, Waters Place, Gillingham, 2.0% 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 2, Waters Place, Gillingham, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.
