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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
1 Cedars Store, Sittingbourne is described in the public record as a modern apartment with 882 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 1 Cedars Store, Sittingbourne is £139,847 and its rental estimate is £990 per month, given the available information and assuming reasonable condition.
Cedars Store, The Cedars is a residential building on The Cedars, Sittingbourne, ME10 and falls within the ME10 postal district and the borough of Swale.
1 Cedars Store, Sittingbourne has no records in the the Land Registry and a single entry in the EPC database dated November 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1 Cedars Store, Sittingbourne, we estimate a market value of £146,840 and a rental value of £1,040 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £130,058 and £921 per month respectively.
Over the last year, 1 Cedars Store, Sittingbourne has seen its estimated sale value move down by £4,058 (2.9%) and its estimated rental value decrease by £14 per month (1.4%). This results in an estimated gross rental yield of 8.5%.
1 Cedars Store, Sittingbourne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Nov 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 1 Cedars Store, Sittingbourne have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd January 2024, was Flat 1, Bramble Lodge 4, Church Road, Sittingbourne, ME10 3RE, a leasehold flat which sold for £124,950.
Read more about house prices in ME10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 14 addresses on The Cedars, Sittingbourne, ME10, 1 Cedars Store, Sittingbourne comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £156k less expensive than the average property across the ME10 district.
From 1 Cedars Store, Sittingbourne, the nearest station is Sittingbourne, 1.6 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1 Cedars Store, Sittingbourne, 29.9% of property is privately owned outright and 23.6% 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 1 Cedars Store, Sittingbourne, 27.0% of residents are recorded as possessing school level qualifications and 16.0% 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 1 Cedars Store, Sittingbourne, the average age was 38.3 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 1 Cedars Store, Sittingbourne, 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 1 Cedars Store, Sittingbourne, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.
