524, The Boathouse Ocean Drive, Gillingham, ME7 1FW is a leasehold flat built between 2007-2011. The property offers approximately 657 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 £295,714 , which equates to approximately £450 per square foot. It was last sold on 3 Feb 2012 for £165,000. Since then, the value has increased by £130,714, representing a 79.2% increase, or approximately 5.7% per year.

The current estimated value of £295,714 is:

  • 37.2% higher than the average property price on Ocean Drive
  • 33.5% higher than the average in the ME7 1FW postcode area
  • and 6.4% lower than the average price for Gillingham as a whole

At the most recent EPC inspection on 13 November 2021, the property was recorded as owner-occupied.

View sold house prices in ME7 1FW

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
657 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£295,714
Price Per sq ft (estimate)
£450
Bedroom Count (estimate)
2 bedrooms

EPC Summary

524, The Boathouse Ocean Drive, Gillingham, Medway, ME7 1FW has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 13 Nov 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 C. The current rating of D reflects a decline in energy efficiency of 14.1%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from average thermal transmittance 0.10 w/m?k to flat, insulated (assumed), changing energy efficiency from very good to good.
  • The wall construction or insulation changed from average thermal transmittance 0.19 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
Roof
Flat, insulated (assumed)
Good
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

15 th / 49
Price Rank
34% higher than average
13 th / 49
Size Rank
20% bigger than average
30 th / 49
Price Per Sq FT Rank
12% higher than average

Compared to other properties in ME7 1FW , this flat's estimated value ranks 15th out of 49. Based on price per square foot, it ranks 30th out of 49 properties. In terms of size, this home ranks 13th out of 49 properties in its postcode area.

Sale History

Today
£295,714
streetscan.co.uk estimate
+79 %
3 Feb 2012
£165,000
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 524, The Boathouse Ocean Drive, Gillingham, Medway, ME7 1FW appears once in the Land Registry records, with the transaction recorded on 3 Feb 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Nov 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.