54, Medway Road
54, Medway Road
Description & Estimates
According to the public record, 54, Medway Road, Gillingham is a mid-century leasehold apartment with 753 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 54, Medway Road, Gillingham is £218,427 and the estimated rental value is £1,062 per month.
Medway Road, Gillingham, ME7 is located within the ME7 postal district.
Our Data Sources
54, Medway Road, Gillingham has 21 entries in the Land Registry , most recently in November 2013 and a single entry in the EPC database dated February 2023.
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.
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 54, Medway Road, Gillingham is in very good condition we estimate a sale value of £229,348 and a rental value of £1,115 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,137 and a rental value of £987 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 54, Medway Road, Gillingham has dropped by £689 (0.3%), while its estimated rental value has risen by £23 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 5.8%.
Energy Efficiency
54, Medway Road, Gillingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Feb 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 54, Medway Road, Gillingham was last sold on 5th November 2013 for £65,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2013, the market for similar properties has risen by 50.9%.
- Sold Nov 2013£65,000
- Sold Apr 1997£18,750
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54, 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.
- Sold Aug 2024£204,000 | 2 Bed Flat20, Princess Mary Avenue, Chatham, ME4 4UT20, Princess Mary Avenue, Chatham, ME4 4UT
- Sold Jul 2024£204,000 | 2 Bed Flat19, Princess Mary Avenue, Chatham, ME4 4UT19, Princess Mary Avenue, Chatham, ME4 4UT
- Sold Mar 2024£204,000 | 2 Bed Flat15, Princess Mary Avenue, Chatham, ME4 4UT15, Princess Mary Avenue, Chatham, ME4 4UT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Medway Road, Gillingham, ME7 has a total of 75 addresses. According to our analysis of all the public data, 54, Medway Road, Gillingham is the 18th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in ME7.
More reading links
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
More reading links
Public Transport Nearby
The closest station to 54, 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.
