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1, King George Road, Chatham is described in the public record as an early-century house with 527 ft2 of internal area, sitting on a 346 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 1, King George Road, Chatham is £269,115 and its rental estimate is £1,152 per month, given the available information and assuming reasonable condition.
King George Road, Chatham, ME5 falls within the ME5 postal district.
1, King George Road, Chatham has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, King George Road, Chatham, we estimate a market value of £282,571 and a rental value of £1,209 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £250,277 and £1,071 per month respectively.
Over the last year, 1, King George Road, Chatham has seen its estimated sale value drop by £1,919 (0.7%) and its estimated rental value rise by £19 per month (1.6%). This results in an estimated gross rental yield of 5.1%.
HM Land Registry records the plot of land for 1, King George Road, Chatham as measuring 346 m2.
1, King George Road, Chatham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Feb 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 1, King George Road, Chatham completed on 2nd May 1997 at £76,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Over the past 2 years 3 properties similar to 1, King George Road, Chatham have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th September 2023, was 12, Bradfields Avenue, Chatham, ME5 0LE, a freehold house which sold for £280,000.
Read more about house prices in ME5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 237 addresses on King George Road, Chatham, ME5, 1, King George Road, Chatham comes out as the 208th largest and the 194th most expensive in our analysis of the public data.
It is also £49k less expensive than the average property across the ME5 district.
From 1, King George Road, Chatham, the nearest station is Chatham, 3.3 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, King George Road, Chatham, 42.3% of property is privately owned with a mortgage and 26.8% is privately owned outright.
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, King George Road, Chatham, 24.2% of residents are recorded as possessing school level qualifications and 25.1% 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, King George Road, Chatham, the average age was 42 and the most common age was 57.
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, King George Road, Chatham, 0.5% 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, King George Road, Chatham, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.