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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
According to the public record, 123, Lower Road, Faversham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 636 ft2 of internal area and sits on a 172 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 123, Lower Road, Faversham is £319,377 and the estimated rental value is £1,246 per month.
Lower Road, Faversham, ME13 is located in the borough of Swale within the ME13 postal district.
123, Lower Road, Faversham has 2 entries in the Land Registry , most recently in September 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 123, Lower Road, Faversham is in very good condition we estimate a sale value of £335,346 and a rental value of £1,309 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £297,021 and a rental value of £1,159 per month.
Over the last 12 months the sale value of 123 Lower Road Faversham has decreased by an estimated £4,994 (1.6%) and its rental value has increased by an estimated £20 per month (1.6%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 123, Lower Road, Faversham sits on a plot of 172m2.
We have plot size data on 11 out of 12 other houses in the postcode and 123, Lower Road, Faversham sits on the 11th largest plot.
According to HM Land Registry, 123, Lower Road, Faversham was last sold on 16th September 2011 for £158,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2011, the market for similar properties has risen 112.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 123, Lower Road, Faversham within a radius of 590 metres over the last 2 years.
The most recent example is 72, Lower Road, Faversham, ME13 7NQ, a freehold house which sold for £340,000 on the 30th May 2024.
Read more about house prices in ME13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Road, Faversham, ME13 has a total of 160 addresses. According to our analysis of all the public data, 123, Lower Road, Faversham is the 151st largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in ME13.
The closest station to 123, Lower Road, Faversham is Faversham station which is 1.2 kilometres away.
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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 123, Lower Road, Faversham, 58.0% of property is privately owned outright and 21.0% 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 123, Lower Road, Faversham, 16.1% of residents are recorded as possessing school level qualifications and 18.3% 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 123, Lower Road, Faversham, the average age was 42.1 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 123, Lower Road, Faversham, 0.4% 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 123, Lower Road, Faversham, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
