701, The Boathouse Ocean Drive, Gillingham, ME7 1FW is a leasehold flat built between 2007-2011. The property offers approximately 1,001 square feet of living space and is situated on the 7th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £382,797 , which equates to approximately £382 per square foot. It was last sold on 19 Jun 2019 for £340,000. Since then, the value has increased by £42,797, representing a 12.6% increase, or approximately 1.9% per year.

The current estimated value of £382,797 is:

  • 77.7% higher than the average property price on Ocean Drive
  • 72.8% higher than the average in the ME7 1FW postcode area
  • and 21.2% higher than the average price for Gillingham as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 7 February 2024, 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
1001 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£382,797
Price Per sq ft (estimate)
£382
Bedroom Count (estimate)
3 bedrooms

EPC Summary

701, 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 7 Feb 2024.

This property uses electric room 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 7 Feb 2014, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 7.6%.

Since the previous assessment, several changes were observed:

  • 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 poor.
  • The roof construction or insulation changed from flat, insulated to flat, insulated (assumed), changing energy efficiency from very good to good.
  • The wall energy efficiency changing from very good to good, with the construction or insulation remaining cavity wall, as built, insulated (assumed).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Flat, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to ME7 1FW

2 nd / 49
Price Rank
73% higher than average
2 nd / 49
Size Rank
83% bigger than average
33 rd / 49
Price Per Sq FT Rank
5% lower than average

Compared to other properties in ME7 1FW , this flat's estimated value ranks 2nd out of 49. Based on price per square foot, it ranks 33th 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 2nd out of 49 properties in its postcode area.

Sale History

Today
£382,797
streetscan.co.uk estimate
+13 %
19 Jun 2019
£340,000
Leasehold
+36 %
12 Nov 2014
£250,000
Leasehold
0 %
20 Dec 2011
£250,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 872 sq ft
sale price: £235,000
sale date: 29 Feb 2012

Data Sources

The property at 701, The Boathouse Ocean Drive, Gillingham, ME7 1FW appears three times in the Land Registry records, with the latest transaction recorded on 19 Jun 2019. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Feb 2024. 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.