488, Maidstone Road
488, Maidstone Road
Description & Estimates
488, Maidstone Road, Gillingham is recorded publicly as a mid-century freehold house across 1,237 ft2 of internal area, sitting on a 879 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 488, Maidstone Road, Gillingham is £612,028 and its rental estimate is £1,945 per month, given the available information and assuming reasonable condition.
Maidstone Road, Gillingham, ME8 falls within the ME8 postal district.
Our Data Sources
488, Maidstone Road, Gillingham has 3 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated February 2018.
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
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 488, Maidstone Road, Gillingham, we estimate a market value of £642,629 and a rental value of £2,042 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £569,186 and £1,809 per month respectively.
Recent Market Change
Over the last year, 488, Maidstone Road, Gillingham has seen its estimated sale value rise by £2,872 (0.5%) and its estimated rental value move up by £48 per month (2.5%). This results in an estimated gross rental yield of 3.8%.
Plot Size
HM Land Registry records the plot of land for 488, Maidstone Road, Gillingham as measuring 879 m2.
That makes it the largest plot in the postcode, where all 23 other houses have recorded plot data.
Energy Efficiency
488, Maidstone Road, Gillingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Feb 2018.
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 488, Maidstone Road, Gillingham completed on 4th August 2023 at £835,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 23.3% over the period since August 2023.
- Sold Aug 2023£835,000
- Sold May 2018£535,000
- Sold Jan 2007£280,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 488, Maidstone Road, Gillingham have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th September 2021, was 52, Woodside, Gillingham, ME8 0PL, a freehold house which sold for £510,000.
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 576 addresses on Maidstone Road, Gillingham, ME8, 488, Maidstone Road, Gillingham comes out as the 183rd largest and the 76th most expensive in our analysis of the public data.
It is also £258k more expensive than the average property across the ME8 district.
More reading links
Schools Nearby
- 200mFairview Community Primary School
- 700mParkwood Primary School
- 800mDeanwood Primary School
- 1.4kmRainham School for Girls
- 1.6kmThe Howard School
- 2.4kmRainham Mark Grammar School
More reading links
Public Transport Nearby
From 488, Maidstone Road, Gillingham, the nearest station is Rainham (Kent), 2.4 kilometres away.
- 2.4kmRainham (Kent)
- 4.9kmGillingham (Kent)
- 5.5kmNewington
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
