42, Cherry Orchard Drive
42, Cherry Orchard Drive
Description & Estimates
Public records show 42, Cherry Orchard Drive, Gillingham to be a modern freehold house with 925 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
42, Cherry Orchard Drive, Gillingham has an estimated sale value of £364,900 and an estimated rental value of £1,598 per month, assuming reasonable condition and based on the information available.
Cherry Orchard Drive, Rainham, Gillingham, ME8 lies within the ME8 postal district.
Our Data Sources
42, Cherry Orchard Drive, Gillingham has a single entry in the Land Registry from June 2024 and a single entry in the EPC database dated June 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 42, Cherry Orchard Drive, Gillingham would be worth £383,145, with a potential rental value of £1,678 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £339,357, with a rental value of £1,486 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 42, Cherry Orchard Drive, Gillingham has declined by £615 (0.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £34 (2.1%). The property's estimated gross yield is currently 5.3%.
Energy Efficiency
42, Cherry Orchard Drive, Gillingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Jun 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
42, Cherry Orchard Drive, Gillingham last changed hands on 27th June 2024, selling for £350,000. 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 0.1% since June 2024.
- Sold Jun 2024£350,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 680 metres of 42, Cherry Orchard Drive, Gillingham across the last 2 years.
Most recently, 41, Cherry Orchard Drive, Gillingham, ME8 8GB, a freehold house, sold at £355,000 on the 23rd September 2024.
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
Our analysis of the public data ranks 42, Cherry Orchard Drive, Gillingham as the 59th largest and the 51st most expensive of the 97 addresses on Cherry Orchard Drive, Rainham, Gillingham, ME8.
Against the ME8 postcode district average, it is £11k more expensive than the typical property.
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Schools Nearby
- 500mRiverside Primary School
- 1.6kmSt Margaret's Church of England Junior School
- 1.6kmSt Margaret's Infant School
- 400mLeigh Academy Rainham
- 2.3kmRainham Mark Grammar School
- 2.4kmThe Howard School
More reading links
Public Transport Nearby
Rainham (Kent) station is the nearest stop to 42, Cherry Orchard Drive, Gillingham at 1.0 kilometres away.
- 1.0kmRainham (Kent)
- 3.2kmNewington
- 5.8kmGillingham (Kent)
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
