Flat 75, Peninsula Quay
Flat 75, Peninsula Quay
Description & Estimates
Flat 75, Peninsula Quay, Gillingham is recorded publicly as a modern leasehold apartment across 387 ft2 of internal area.
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.
Our Data Sources
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.
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 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.
Recent Market Change
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%.
Energy Efficiency
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.
Sold Prices
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.
- Sold Jun 2017£148,800
Similar Properties Sold Nearby
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.
- Sold Jun 2024£150,000 | 1 Bed FlatPearl Lane42 Marina Heights, Pearl Lane, Gillingham, ME7 1FA
- Sold Feb 2023£168,000 | 1 Bed FlatPearl Lane54 Marina Heights, Pearl Lane, Gillingham, ME7 1FA
- Sold Jun 2019£155,000 | 1 Bed FlatPeninsula Quay, Pegasus WayFlat 49, Peninsula Quay, Pegasus Way, Gillingham, ME7 1GJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
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.
More reading links
Schools Nearby
- 600mBurnt Oak Primary School
- 800mSaxon Way Primary School
- 1.0kmSt Mary's Catholic Primary School
- 500mWaterfront UTC
- 2.0kmBrompton Academy
- 2.2kmThe Robert Napier School
More reading links
Public Transport Nearby
From Flat 75, Peninsula Quay, Gillingham, the nearest station is Gillingham (Kent), 1.2 kilometres away.
- 1.2kmGillingham (Kent)
- 3.0kmChatham
- 3.4kmRochester
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
