Lower Flat 3 Richmond Road

    LOWER FLAT 3, RICHMOND ROAD, GILLINGHAM, GILLINGHAM, ME7 1LL

    This semi-detached leasehold property on Richmond Road last sold in January 2008 for £93,000. Based on price growth in the ME7 district since then, its estimated current value is £188,174 — placing it in the 21st percentile nationally and the 12th percentile within ME7. The property covers 54 m² (581 sq ft), giving an estimated value of £3,485 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £93,000

    Jan 2008

    Estimated Valuation

    £188,174

    Est. £/sq ft

    £324/sq ft

    £3,485/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area581 sq ft (54 m²)
    EPC dateApr 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Jan 2008

    £93,000

    25 Jan 2006

    £66,500

    21 Jan 2003

    £52,000

    Key Metrics

    Estimated valuation£188,174
    Value per sq ft / m²£324/sq ft (£3,485/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    ME7 district percentile12th percentile
    National percentile21st 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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