5, Otter Springs
5, Otter Springs
Description & Estimates
Public records show 5, Otter Springs, Gillingham to be a modern Leasehold apartment with 624 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
5, Otter Springs, Gillingham has an estimated sale value of £131,492 and an estimated rental value of £609 per month, assuming reasonable condition and based on the information available.
Otter Springs, Gillingham, SP8 lies within the SP8 postal district.
Our Data Sources
5, Otter Springs, Gillingham has 21 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated July 2021.
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
In very good condition, we estimate 5, Otter Springs, Gillingham would be worth £138,067, with a potential rental value of £640 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £122,288, with a rental value of £567 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 5, Otter Springs, Gillingham has declined by £3,644 (2.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £20 (3.2%). The property's estimated gross yield is currently 5.6%.
Energy Efficiency
5, Otter Springs, Gillingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Jul 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
5, Otter Springs, Gillingham last changed hands on 21st July 2022, selling for £130,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 4.9% since July 2022.
- Sold Jul 2022£130,000
- Sold Oct 2005£113,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.4 kilometres of 5, Otter Springs, Gillingham across the last 2 years.
Most recently, 26, Otter Springs, Gillingham, SP8 4GX, a leasehold flat, sold at £79,000 on the 4th July 2025.
Read more about house prices in SP8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 5, Otter Springs, Gillingham as the 21st largest and the 21st most expensive of the 25 addresses on Otter Springs, Gillingham, SP8.
Against the SP8 postcode district average, it is £188k less expensive than the typical property.
More reading links
Schools Nearby
- 200mSt Mary the Virgin Church of England Primary School
- 1.1kmGillingham Primary School
- 2.0kmWyke Primary School
- 900mGillingham School
- 6.1kmShaftesbury School
- 11.2kmSturminster Newton High School
More reading links
Public Transport Nearby
Gillingham (Dorset) station is the nearest stop to 5, Otter Springs, Gillingham at 800 metres away.
- 800mGillingham (Dorset)
- 11.4kmTemplecombe
- 13.2kmTisbury
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
