9, St. Margarets Drive
9, St. Margarets Drive
Description & Estimates
9, St. Margarets Drive, Gillingham appears in the public record as a freehold house sitting on a 293 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 950 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 9, St. Margarets Drive, Gillingham is £420,903 and its rental estimate is £1,425 per month, given the available information and assuming reasonable condition.
St. Margarets Drive, Gillingham, ME8 falls within the ME8 postal district.
Our Data Sources
9, St. Margarets Drive, Gillingham has a single entry in the Land Registry from August 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 9, St. Margarets Drive, Gillingham, we estimate a market value of £441,948 and a rental value of £1,497 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £391,440 and £1,326 per month respectively.
Recent Market Change
Over the last year, 9, St. Margarets Drive, Gillingham has seen its estimated sale value drop by £710 (0.2%) and its estimated rental value rise by £30 per month (2.1%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for 9, St. Margarets Drive, Gillingham as measuring 293 m2.
That makes it the 39th largest plot in the postcode, where all 43 other houses have recorded plot data.
Sold Prices
The most recent sale of 9, St. Margarets Drive, Gillingham completed on 20th August 2007 at £240,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 40.8% over the period since August 2007.
- Sold Aug 2007£240,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 9, St. Margarets Drive, Gillingham have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2024, was 39, Drewery Drive, Gillingham, ME8 0NP, a freehold house which sold for £490,000.
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 43 addresses on St. Margarets Drive, Gillingham, ME8, 9, St. Margarets Drive, Gillingham comes out as the 20th largest and the 16th most expensive in our analysis of the public data.
It is also £67k more expensive than the average property across the ME8 district.
More reading links
Schools Nearby
- 200mFairview Community Primary School
- 800mParkwood Primary School
- 900mDeanwood Primary School
- 1.4kmRainham School for Girls
- 1.6kmThe Howard School
- 2.4kmRainham Mark Grammar School
More reading links
Public Transport Nearby
From 9, St. Margarets Drive, Gillingham, the nearest station is Rainham (Kent), 2.4 kilometres away.
- 2.4kmRainham (Kent)
- 4.8kmGillingham (Kent)
- 5.6kmNewington
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.
