Lower Flat, 3 Richmond Road, Gillingham, ME7 1LL is a leasehold semi-detached property built before 1900. The property offers approximately 581 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £175,842 , which equates to approximately £302 per square foot. It was last sold on 31 Jan 2008 for £93,000. Since then, the value has increased by £82,842, representing a 89.1% increase, or approximately 5.0% per year.

The current estimated value of £175,842 is:

  • 5.8% lower than the average property price on Richmond Road
  • 2.6% lower than the average in the ME7 1LL postcode area
  • and 47.2% lower than the average price for Gillingham as a whole

At the most recent EPC inspection on 14 April 2023, the property was recorded as rented.

View sold house prices in ME7 1LL

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
581 sq ft
Tenure
Leasehold
Price (estimate)
£175,842
Price Per sq ft (estimate)
£302
Bedroom Count (estimate)
1 bedroom

EPC Summary

Lower Flat, 3 Richmond Road, Gillingham, Medway, Kent, ME7 1LL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 14 Apr 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows have partial double glazing.

The previous EPC assessment was conducted on 29 Jul 2011, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 20.8%.

Since the previous assessment, several changes were observed:

  • The windows were upgraded from single glazed to partial double glazing.
  • The lighting was updated from low energy lighting in 36% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Partial double glazing
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to ME7 1LL

18 th / 30
Price Rank
3% lower than average
15 th / 25
Size Rank
16% smaller than average
10 th / 25
Price Per Sq FT Rank
16% higher than average

Compared to other properties in ME7 1LL , this flat's estimated value ranks 18th out of 30. Based on price per square foot, it ranks 10th out of 25 properties. In terms of size, this home ranks 15th out of 25 properties in its postcode area.

Sale History

Today
£175,842
streetscan.co.uk estimate
+89 %
31 Jan 2008
£93,000
Leasehold
+39.8 %
25 Jan 2006
£66,500
Leasehold
+27.9 %
21 Jan 2003
£52,000
Leasehold

Area Insights

Nearby Properties

rooms: 2
size: 495 sq ft
sale price: £45,000
sale date: 13 Aug 2013
rooms: 2
size: 291 sq ft
sale price: £190,000
sale date: 31 Mar 2016
rooms: 6
size: 786 sq ft
sale price: £154,000
sale date: 18 Jul 2014
rooms: 4
size: 678 sq ft
sale price: £85,000
sale date: 6 Jun 2022
rooms: 2
size: 560 sq ft
sale price: £59,000
sale date: 5 May 2005

Data Sources

The property at Lower Flat, 3 Richmond Road, Gillingham, ME7 1LL appears three times in the Land Registry records, with the latest transaction recorded on 31 Jan 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Apr 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.