418, The Boathouse Ocean Drive, Gillingham, ME7 1FW is a leasehold flat built between 2007-2011. The property offers approximately 506 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £197,143 , which equates to approximately £390 per square foot. It was last sold on 24 Jul 2015 for £140,000. Since then, the value has increased by £57,143, representing a 40.8% increase, or approximately 3.9% per year.

The current estimated value of £197,143 is:

  • 8.5% lower than the average property price on Ocean Drive
  • 11.0% lower than the average in the ME7 1FW postcode area
  • and 37.6% lower than the average price for Gillingham as a whole

At the most recent EPC inspection on 4 July 2023, the property was recorded as rented.

View sold house prices in ME7 1FW

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
506 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£197,143
Price Per sq ft (estimate)
£390
Bedroom Count (estimate)
1 bedroom

EPC Summary

418, The Boathouse Ocean Drive, Gillingham, Medway, ME7 1FW has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 4 Jul 2023.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 1 Oct 2011. The rating of B remains the same, but the energy efficiency score improved by 2.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The roof construction or insulation changed from (other premises above) to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from average thermal transmittance 0.26 w/m?k to system built, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The windows were upgraded from high performance glazing to fully double glazed.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to ME7 1FW

37 th / 49
Price Rank
11% lower than average
21 st / 49
Size Rank
8% smaller than average
40 th / 49
Price Per Sq FT Rank
3% lower than average

Compared to other properties in ME7 1FW , this flat's estimated value ranks 37th out of 49. Based on price per square foot, it ranks 40th out of 49 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 21th out of 49 properties in its postcode area.

Sale History

Today
£197,143
streetscan.co.uk estimate
+41 %
24 Jul 2015
£140,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 452 sq ft
sale price: £145,700
sale date: 16 Apr 2025
rooms: 2
size: 441 sq ft
sale price: £155,000
sale date: 8 Mar 2024
rooms: 1
size: 441 sq ft
sale price: £158,000
sale date: 30 Jun 2023
rooms: 2
size: 441 sq ft
sale price: £162,500
sale date: 26 Aug 2022
rooms: 2
size: 441 sq ft
sale price: £170,000
sale date: 20 Jul 2022

Data Sources

The property at 418, The Boathouse Ocean Drive, Gillingham, Medway, ME7 1FW appears once in the Land Registry records, with the transaction recorded on 24 Jul 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Jul 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.