514, The Boathouse Ocean Drive, Gillingham, ME7 1FW is a leasehold flat built between 2007-2011. The property offers approximately 689 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £257,913 , which equates to approximately £374 per square foot. It was last sold on 20 Jun 2014 for £165,000. Since then, the value has increased by £92,913, representing a 56.3% increase, or approximately 4.9% per year.

The current estimated value of £257,913 is:

  • 19.7% higher than the average property price on Ocean Drive
  • 16.4% higher than the average in the ME7 1FW postcode area
  • and 18.4% lower than the average price for Gillingham as a whole

At the most recent EPC inspection on 27 October 2021, 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
689 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£257,913
Price Per sq ft (estimate)
£374
Bedroom Count (estimate)
2 bedrooms

EPC Summary

514, The Boathouse Ocean Drive, Gillingham, Medway, ME7 1FW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 27 Oct 2021.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 1 Oct 2011, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 12.2%.

Since the previous assessment, several changes were observed:

  • 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 0.20 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
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
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

11 th / 49
Price Rank
16% higher than average
7 th / 49
Size Rank
26% bigger than average
31 st / 49
Price Per Sq FT Rank
7% lower than average

Compared to other properties in ME7 1FW , this flat's estimated value ranks 11th out of 49. Based on price per square foot, it ranks 31th out of 49 properties. In terms of size, this home ranks 7th out of 49 properties in its postcode area.

Sale History

Today
£257,913
streetscan.co.uk estimate
+56 %
20 Jun 2014
£165,000
Leasehold
-5.7 %
16 Dec 2011
£175,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 635 sq ft
sale price: £185,000
sale date: 4 Oct 2024
rooms: 3
size: 689 sq ft
sale price: £250,000
sale date: 28 Aug 2024
rooms: 3
size: 657 sq ft
sale price: £214,000
sale date: 28 Jul 2023
rooms: 3
size: 678 sq ft
sale price: £200,000
sale date: 31 May 2023
rooms: 3
size: 646 sq ft
sale price: £200,000
sale date: 11 Nov 2022

Data Sources

The property at 514, The Boathouse Ocean Drive, Gillingham, ME7 1FW appears two times in the Land Registry records, with the latest transaction recorded on 20 Jun 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Oct 2021. 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.