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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
12, Albany Terrace, Chatham is recorded publicly as a period leasehold apartment across 1,313 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 12, Albany Terrace, Chatham is £218,851 and its rental estimate is £1,448 per month, given the available information and assuming reasonable condition.
12, Albany Terrace is a residential building on Albany Terrace, Chatham, ME4 and falls within the ME4 postal district.
12, Albany Terrace, Chatham has 31 entries in the Land Registry , most recently in July 2021 and a single entry in the EPC database dated August 2022.
We combine this information with that 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 12, Albany Terrace, Chatham, we estimate a market value of £229,793 and a rental value of £1,520 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £203,531 and £1,346 per month respectively.
Over the last year, 12, Albany Terrace, Chatham has seen its estimated sale value decline by £2,926 (1.3%) and its estimated rental value climb by £23 per month (1.6%). This results in an estimated gross rental yield of 7.9%.
12, Albany Terrace, Chatham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Aug 2022.
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 12, Albany Terrace, Chatham completed on 2nd July 2021 at £180,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 9.5% over the period since July 2021.
Over the past 2 years 2 properties similar to 12, Albany Terrace, Chatham have sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th April 2019, was 40B, High Street, Chatham, ME4 4DS, a leasehold flat which sold for £325,000.
Read more about house prices in ME4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 53 addresses on Albany Terrace, Chatham, ME4, 12, Albany Terrace, Chatham comes out as the 7th largest and the 6th most expensive in our analysis of the public data.
It is also £46k less expensive than the average property across the ME4 district.
From 12, Albany Terrace, Chatham, the nearest station is Chatham, 200 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 12, Albany Terrace, Chatham, 60.8% of property is privately rented and 19.6% is socially rented.
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 12, Albany Terrace, Chatham, 15.3% of residents are recorded as possessing school level qualifications and 32.7% 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 12, Albany Terrace, Chatham, 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 12, Albany Terrace, Chatham, 0.0% 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 12, Albany Terrace, Chatham, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
