Flat 79, Peninsula Quay
Flat 79, Peninsula Quay
Description & Estimates
Public records show Flat 79, Peninsula Quay, Gillingham to be a modern leasehold apartment with 635 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 79, Peninsula Quay, Gillingham has an estimated sale value of £239,913 and an estimated rental value of £1,188 per month, assuming reasonable condition and based on the information available.
The apartment sits within Peninsula Quay, Pegasus Way, Gillingham, ME7.
Pegasus Way, Gillingham, ME7 lies within the ME7 postal district.
Our Data Sources
Flat 79, Peninsula Quay, Gillingham has 2 entries in the Land Registry , most recently in January 2024 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
In very good condition, we estimate Flat 79, Peninsula Quay, Gillingham would be worth £251,908, with a potential rental value of £1,248 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £223,119, with a rental value of £1,105 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 Flat 79, Peninsula Quay, Gillingham has dropped by £3,780 (1.6%) over the last year. During the same period, its estimated monthly rental value has risen by £10 (0.8%). The property's estimated gross yield is currently 5.9%.
Energy Efficiency
Flat 79, 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
Flat 79, Peninsula Quay, Gillingham last changed hands on 12th January 2024, selling for £205,000. 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 0.7% since January 2024.
- Sold Jan 2024£205,000
- Sold Aug 2018£240,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 460 metres of Flat 79, Peninsula Quay, Gillingham across the last 2 years.
Most recently, Flat 121, Peninsula Quay, Pegasus Way, Gillingham, ME7 1GL, a leasehold flat, sold at £226,000 on the 1st December 2023.
Read more about house prices in ME7.
- Sold Dec 2023£226,000 | 2 Bed FlatPeninsula Quay, Pegasus WayFlat 121, Peninsula Quay, Pegasus Way, Gillingham, ME7 1GL
- Sold Aug 2023£240,000 | 2 Bed FlatPeninsula Quay, Pegasus WayFlat 90, Peninsula Quay, Pegasus Way, Gillingham, ME7 1GL
- Sold Nov 2017£257,600 | 2 Bed FlatPeninsula Quay, Pegasus WayFlat 98, Peninsula Quay, Pegasus Way, Gillingham, ME7 1GL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 79, Peninsula Quay, Gillingham as the 136th largest and the 117th most expensive of the 312 addresses on Pegasus Way, Gillingham, ME7.
Against the ME7 postcode district average, it is £51k less expensive than the typical property.
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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
Gillingham (Kent) station is the nearest stop to Flat 79, Peninsula Quay, Gillingham at 1.2 kilometres away.
- 1.2kmGillingham (Kent)
- 3.0kmChatham
- 3.4kmRochester
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 low risk of flooding.
