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16 New Road is a residential building situated on New Road, Chatham, ME4 with 2 addresses.
It ranks as the 73rd largest and 482nd most expensive of the 638 buildings in the ME4 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 2 properties: 2 flats.
16 New Road is a residential building situated on New Road, Chatham, ME4 with 2 addresses.
It ranks as the 73rd largest and 482nd most expensive of the 638 buildings in the ME4 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £176,516 for 2 bedroom leasehold flats (516 ft2) to £224,717 for 3 bedroom leasehold flats (850 ft2) .
Monthly rental prices range from £1,114 pcm for 2 bed flats to £1,290 pcm for 3 bed flats.
The gross rental yield is between 6.9% and 7.6%.
The average value per square foot is £303.
The last sale in 16 New Road sold for £210,000 on 31st January 2020. Since then prices are up an average of 10.7%.
The current average value in the building is £200,616.
The 16 New Road Sales Market has increased by 20.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.5% | £200,616 |
| May 2025 | 1.4% | £201,666 |
| May 2024 | -3.5% | £198,939 |
| May 2023 | 0.5% | £206,204 |
| May 2022 | 9.3% | £205,135 |
| May 2021 | 3% | £187,654 |
| May 2020 | 2.9% | £182,272 |
| May 2019 | 0.2% | £177,160 |
| May 2018 | 0.7% | £176,740 |
| May 2017 | 5.8% | £175,554 |
| May 2016 | 18.2% | £165,893 |
| May 2015 | 5.5% | £140,334 |
| May 2014 | 10.7% | £133,066 |
| May 2013 | -3.1% | £120,227 |
| May 2012 | -0.4% | £124,024 |
| May 2011 | -1.8% | £124,543 |
| May 2010 | 6.1% | £126,777 |
| May 2009 | -17.5% | £119,439 |
| May 2008 | -0.8% | £144,772 |
| May 2007 | 0% | £145,924 |
The current average rental value in the building is £1,202.
The 16 New Road Rental Market has increased by 36.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.9% | £1,202pcm |
| May 2025 | 1.7% | £1,179pcm |
| May 2024 | 6.6% | £1,160pcm |
| May 2023 | 12.2% | £1,088pcm |
| May 2022 | 5% | £970pcm |
| May 2021 | 4.4% | £924pcm |
| May 2020 | 0.8% | £885pcm |
| May 2019 | -0.2% | £877pcm |
| May 2018 | -0.1% | £879pcm |
| May 2017 | -0.4% | £880pcm |
| May 2016 | 7.4% | £883pcm |
| May 2015 | 8.2% | £822pcm |
| May 2014 | 0.3% | £760pcm |
| May 2013 | 0.2% | £758pcm |
| May 2012 | 0.9% | £756pcm |
| May 2011 | 5.1% | £750pcm |
| May 2010 | -1.9% | £713pcm |
| May 2009 | -4.5% | £727pcm |
| May 2008 | 2.4% | £761pcm |
| May 2007 | 0% | £743pcm |
The last sale was on 31st January 2020 for £210,000 and since then the market in the area has increased by 10.7%. The building has had a total of 3 sales since 1995.
16, New Road, Chatham, ME4 4QR has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 16, New Road, Chatham, ME4 4QR is Chatham station which is 200 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 16, New Road, Chatham, ME4 4QR, 44.6% of property is privately rented and 22.3% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 16, New Road, Chatham, ME4 4QR, 20.1% of residents are recorded as possessing school level qualifications and 39.6% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 16, New Road, Chatham, ME4 4QR, the average age was 34.4 and the most common age was 32.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 16, New Road, Chatham, ME4 4QR, 0.6% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 16, New Road, Chatham, ME4 4QR, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.