48, Medway Road
48, Medway Road
Description & Estimates
According to the public record, 48, Medway Road, Gillingham is a mid-century apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 48, Medway Road, Gillingham is £213,731 and the estimated rental value is £1,055 per month.
Medway Road, Gillingham, ME7 is located within the ME7 postal district.
Our Data Sources
48, Medway Road, Gillingham has no records in the the Land Registry and a single entry in the EPC database dated May 2019.
We combine this information with public data 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.
Price Range & Condition
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 48, Medway Road, Gillingham is in very good condition we estimate a sale value of £224,418 and a rental value of £1,107 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £198,770 and a rental value of £981 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 48, Medway Road, Gillingham has decreased by £674 (0.3%), while its estimated rental value has grown by £23 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 5.9%.
Energy Efficiency
48, Medway Road, Gillingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 May 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Medway Road, Gillingham within a radius of 460 metres over the last 2 years.
The most recent example is 20, Princess Mary Avenue, Chatham, ME4 4UT, a leasehold flat which sold for £204,000 on the 12th August 2024.
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
Medway Road, Gillingham, ME7 has a total of 75 addresses. According to our analysis of all the public data, 48, Medway Road, Gillingham is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £77k less expensive than the average property in ME7.
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Schools Nearby
- 300mBurnt Oak Primary School
- 600mOasis Academy Skinner Street
- 900mSt Mary's Catholic Primary School
- 400mWaterfront UTC
- 1.4kmBrompton Academy
- 2.1kmThe Robert Napier School
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Public Transport Nearby
The closest station to 48, Medway Road, Gillingham is Gillingham (Kent) station, which is 900 metres away.
- 900mGillingham (Kent)
- 2.4kmChatham
- 2.7kmRochester
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
