55 Richmond Road, Gillingham, ME7 1LN is a freehold flat built between 1900-1929. The property offers approximately 431 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £118,472 , which equates to approximately £275 per square foot. It was last sold on 17 Feb 2004 for £65,000. Since then, the value has increased by £53,472, representing a 82.3% increase, or approximately 3.8% per year.

The current estimated value of £118,472 is:

  • 36.5% lower than the average property price on Richmond Road
  • 35.9% lower than the average in the ME7 1LN postcode area
  • and 64.4% lower than the average price for Gillingham as a whole

At the most recent EPC inspection on 17 October 2022, the property was recorded as owner-occupied.

View sold house prices in ME7 1LN

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
431 sq ft
Tenure
Freehold
Price (estimate)
£118,472
Price Per sq ft (estimate)
£275
Bedroom Count (estimate)
1 bedroom

EPC Summary

55 Richmond Road, Gillingham, Medway, Kent, ME7 1LN has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 17 Oct 2022.

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

The previous EPC assessment was conducted on 21 May 2009. The rating of E is unchanged, though the energy efficiency score decreased by 5.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to electric storage heaters, changing energy efficiency from good to average.
  • The hot water system was changed from from main system to electric immersion, off-peak, with its energy efficiency changing from good to very poor.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to (another dwelling above), changing energy efficiency from very poor to n/a.
  • The windows were upgraded from fully double glazed to partial double glazing.
  • The lighting was updated from no low energy lighting to low energy lighting in 80% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Partial double glazing
Poor
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to ME7 1LN

23 rd / 42
Price Rank
36% lower than average
23 rd / 24
Size Rank
40% smaller than average
2 nd / 24
Price Per Sq FT Rank
7% higher than average

Compared to other properties in ME7 1LN , this flat's estimated value ranks 23th out of 42. Based on price per square foot, it ranks 2nd out of 24 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 23th out of 24 properties in its postcode area.

Sale History

Today
£118,472
streetscan.co.uk estimate
+82 %
17 Feb 2004
£65,000
Leasehold
+58.5 %
10 Dec 1996
£41,000
Leasehold
+54.7 %
31 Aug 1995
£26,500
Leasehold

Area Insights

Similar Properties Sold Nearby

55B Richmond Road, Gillingham, ME7 1LN
rooms: 2
size: 495 sq ft
sale price: £122,000
sale date: 13 Sep 2024
46A Richmond Road, Gillingham, ME7 1LN
rooms: 2
size: 424 sq ft
sale price: £82,999
sale date: 16 Aug 2013
3 Richmond Road, Gillingham, ME7 1LL
rooms: 2
size: 495 sq ft
sale price: £19,000
sale date: 10 Feb 1998
184A Richmond Road, Gillingham, ME7 1LX
rooms: 2
size: 495 sq ft
sale price: £10,995
sale date: 18 Apr 1996
Flat 1, 1 Richmond Road, Gillingham, ME7 1LL
rooms: 1
size: 366 sq ft
sale price: £22,995
sale date: 28 Mar 1996

Data Sources

The property at 55 Richmond Road, Gillingham, ME7 1LN appears three times in the Land Registry records, with the latest transaction recorded on 17 Feb 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Oct 2022. 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.
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