Flat A 16 Richmond Road

    FLAT A 16, RICHMOND ROAD, GILLINGHAM, ME7 1LL

    This flat/maisonette leasehold property on Richmond Road last sold in July 2020 for £129,000. Based on price growth in the ME7 district since then, its estimated current value is £130,094 — placing it in the 9th percentile nationally and the 4th percentile within ME7. The property covers 39 m² (420 sq ft), giving an estimated value of £3,336 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    420 sq ft

    39 m²

    Last Sale Price

    £129,000

    Jul 2020

    Estimated Valuation

    £130,094

    Est. £/sq ft

    £310/sq ft

    £3,336/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area420 sq ft (39 m²)
    EPC dateMay 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Jul 2020

    £129,000

    14 Apr 2016

    £93,500

    6 Sept 2007

    £92,500

    29 Sept 2006

    £84,995

    6 Dec 2002

    £50,500

    Key Metrics

    Estimated valuation£130,094
    Value per sq ft / m²£310/sq ft (£3,336/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    ME7 district percentile4th percentile
    National percentile9th percentile

    District Context — ME7

    ME7 covers Sittingbourne and the surrounding areas of mid-Kent, positioned between the Isle of Sheppey and the North Downs. It is a mixed residential and commercial district with a blend of suburban neighbourhoods and industrial heritage.

    Average Property Price - ME7

    £304,693

    43

    National percentile

    Average Net Household Income - ME7

    £40,011

    58

    National percentile

    10-Year Annualised Price Growth - ME7

    4.8%

    85

    National percentile

    10-Year Annualised Rent Growth - ME

    4.8%

    89

    National percentile

    View full analysis for ME7

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