1 The Ship, Faversham
1 The Ship, Faversham
Description & Estimates
1 The Ship, Faversham is recorded publicly as a period leasehold apartment across 1,256 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1 The Ship, Faversham is £336,506 and its rental estimate is £1,402 per month, given the available information and assuming reasonable condition.
The Ship, Market Place is a residential building on Market Place, Faversham, ME13 and falls within the ME13 postal district and the borough of Swale.
Our Data Sources
1 The Ship, Faversham has 41 entries in the Land Registry , most recently in February 2009 and a single entry in the EPC database dated March 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 The Ship, Faversham, we estimate a market value of £353,332 and a rental value of £1,472 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £312,951 and £1,304 per month respectively.
Recent Market Change
Over the last year, 1 The Ship, Faversham has seen its estimated sale value decline by £15,340 (4.6%) and its estimated rental value drop by £4 per month (0.3%). This results in an estimated gross rental yield of 5.0%.
Energy Efficiency
1 The Ship, Faversham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Mar 2009.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1 The Ship, Faversham completed on 27th February 2009 at £170,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 85.7% over the period since February 2009.
- Sold Feb 2009£170,000
- Sold Sep 2006£155,000
- Sold Nov 2002£160,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1 The Ship, Faversham have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st December 2021, was Flat 1, Chaucer House 67-68, Preston Street, Faversham, ME13 8PA, a leasehold flat which sold for £350,000.
Read more about house prices in ME13.
- Sold Dec 2021£350,000 | 3 Bed FlatChaucer House 67-68, Preston StreetFlat 1, Chaucer House 67-68, Preston Street, Faversham, ME13 8PA
- Sold May 2016£335,000 | 3 Bed FlatChurch Street1 Old Brewery Lofts, Church Street, Faversham, ME13 7BB
- Sold Apr 2014£230,000 | 3 Bed FlatCourt Street6 The Brewhouse, Court Street, Faversham, ME13 7AT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 15 addresses on Market Place, Faversham, ME13, 1 The Ship, Faversham comes out as the 9th largest and the 2nd most expensive in our analysis of the public data.
It is also £29k less expensive than the average property across the ME13 district.
More reading links
Schools Nearby
- 400mSt Mary of Charity CofE (Aided) Primary School
- 700mEthelbert Road Primary School
- 800mDavington Primary School
- 400mQueen Elizabeth's Grammar School
- 1.0kmThe Abbey School
- 9.5kmThe Sittingbourne School
More reading links
Public Transport Nearby
From 1 The Ship, Faversham, the nearest station is Faversham, 400 metres away.
- 400mFaversham
- 5.5kmSelling
- 6.1kmTeynham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
