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Locally, apartments of this size normally have 1 bedroom with a balcony.
Our estimate of the sale value of Flat 75, Peninsula Quay, Gillingham is £181,486 and its rental estimate is £968 per month, given the available information and assuming reasonable condition.
Peninsula Quay, Pegasus Way is a residential building on Pegasus Way, Gillingham, ME7 and falls within the ME7 postal district.
Flat 75, Peninsula Quay, Gillingham has a single entry in the Land Registry from June 2017 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 Flat 75, Peninsula Quay, Gillingham, we estimate a market value of £190,560 and a rental value of £1,017 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £168,782 and £901 per month respectively.
Over the last year, Flat 75, Peninsula Quay, Gillingham has seen its estimated sale value decline by £1,671 (0.9%) and its estimated rental value climb by £15 per month (1.5%). This results in an estimated gross rental yield of 6.4%.
Flat 75, Peninsula Quay, Gillingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Mar 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
The most recent sale of Flat 75, Peninsula Quay, Gillingham completed on 23rd June 2017 at £148,800 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 12.9% over the period since June 2017.
Over the past 2 years 3 properties similar to Flat 75, Peninsula Quay, Gillingham have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th June 2024, was 42 Marina Heights, Pearl Lane, Gillingham, ME7 1FA, a leasehold flat which sold for £150,000.
Read more about house prices in ME7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 312 addresses on Pegasus Way, Gillingham, ME7, Flat 75, Peninsula Quay, Gillingham comes out as the 293rd largest and the 258th most expensive in our analysis of the public data.
It is also £110k less expensive than the average property across the ME7 district.
From Flat 75, Peninsula Quay, Gillingham, the nearest station is Gillingham (Kent), 1.2 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 75, Peninsula Quay, Gillingham, % of property is and % is .
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 75, Peninsula Quay, Gillingham, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 75, Peninsula Quay, Gillingham, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 75, Peninsula Quay, Gillingham, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.