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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
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16, Richmond Street, Sheerness is described in the public record as a modern apartment with 398 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 16, Richmond Street, Sheerness is £84,076 and its rental estimate is £600 per month, given the available information and assuming reasonable condition.
Richmond Street, Sheerness, ME12 falls within the ME12 postal district, in the borough of Swale.
16, Richmond Street, Sheerness has no records in the the Land Registry and a single entry in the EPC database dated March 2015.
We combine this information with public data 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.
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 16, Richmond Street, Sheerness, we estimate a market value of £88,279 and a rental value of £630 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £78,190 and £558 per month respectively.
Over the last year, 16, Richmond Street, Sheerness has seen its estimated sale value decline by £2,145 (2.6%) and its estimated rental value climb by £9 per month (1.5%). This results in an estimated gross rental yield of 8.6%.
16, Richmond Street, Sheerness has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Mar 2015.
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 16, Richmond Street, Sheerness have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th October 2023, was 47B, Alma Street, Sheerness, ME12 2AX, a leasehold flat which sold for £72,000.
Read more about house prices in ME12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 81 addresses on Richmond Street, Sheerness, ME12, 16, Richmond Street, Sheerness comes out as the 68th largest and the 74th most expensive in our analysis of the public data.
It is also £189k less expensive than the average property across the ME12 district.
From 16, Richmond Street, Sheerness, the nearest station is Sheerness-on-Sea, 1.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Richmond Street, Sheerness, 56.3% of property is privately rented and 16.8% 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 16, Richmond Street, Sheerness, 19.3% of residents are recorded as possessing school level qualifications and 18.6% 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 16, Richmond Street, Sheerness, the average age was 34.1 and the most common age was 2.
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 16, Richmond Street, Sheerness, 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 16, Richmond Street, Sheerness, 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.
