Flat 94, Peninsula Quay
Flat 94, Peninsula Quay
Description & Estimates
Flat 94, 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 94, 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 94, Peninsula Quay, Gillingham has a single entry in the Land Registry from July 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 94, 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 94, Peninsula Quay, Gillingham has seen its estimated sale value drop by £1,671 (0.9%) and its estimated rental value rise by £15 per month (1.5%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
Flat 94, Peninsula Quay, Gillingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 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 94, Peninsula Quay, Gillingham completed on 11th July 2017 at £160,000 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 12.6% over the period since July 2017.
- Sold Jul 2017£160,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 94, 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 Flat42 Marina Heights, Pearl Lane, Gillingham, ME7 1FA42 Marina Heights, Pearl Lane, Gillingham, ME7 1FA
- Sold Feb 2023£168,000 | 1 Bed Flat54 Marina Heights, Pearl Lane, Gillingham, ME7 1FA54 Marina Heights, Pearl Lane, Gillingham, ME7 1FA
- Sold Dec 2021£150,000 | 1 Bed FlatFlat 75, Peninsula Quay, Pegasus Way, Gillingham, ME7 1GLFlat 75, 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
Of the 312 addresses on Pegasus Way, Gillingham, ME7, Flat 94, Peninsula Quay, Gillingham comes out as the 290th largest and the 255th most expensive in our analysis of the public data.
It is also £110k less expensive than the average property across the ME7 district.
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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
From Flat 94, 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.
