Our Data Sources
16, Timber Bank, Chatham has 21 entries in the Land Registry, most recently in February 2024 and a single entry in the EPC database dated January 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Price Range & Condition
In very good condition, we estimate 16, Timber Bank, Chatham would be worth £174,402, with a potential rental value of £915 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £154,470, with a rental value of £811 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
16, Timber Bank, Chatham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jan 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
Sold Prices
16, Timber Bank, Chatham last changed hands on 29th February 2024, selling for £148,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 6.3% since February 2024.
- Sold Feb 2024£148,500
- Sold Jun 1998£35,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 12 sales of comparable properties within 550 metres of 16, Timber Bank, Chatham since 2010.
Most recently, 25, Burma Way, Chatham, ME5 0JR, a leasehold flat, sold at £155,000 on the 21st July 2022.
Read more about house prices in ME5.
- Sold Jul 2022£155,000 | 2 Bed Flat25, Burma Way, Chatham, ME5 0JR25, Burma Way, Chatham, ME5 0JR
- Sold Oct 2019£130,000 | 2 Bed Flat182, Churchill Avenue, Chatham, ME5 0JS182, Churchill Avenue, Chatham, ME5 0JS
- Sold Mar 2019£145,000 | 1 Bed Flat20, Timber Bank, Chatham, ME5 0LF20, Timber Bank, Chatham, ME5 0LF
- Sold Feb 2019£154,000 | 2 Bed Flat12, Timber Bank, Chatham, ME5 0LF12, Timber Bank, Chatham, ME5 0LF
- Sold Nov 2018£154,000 | 2 Bed Flat8, Timber Bank, Chatham, ME5 0LF8, Timber Bank, Chatham, ME5 0LF
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £199,227, ranging from £148,966 to £251,551.
- 18 Timber Bank
2 Bed Flat | 0 m | Est. Value: £180,413
- 20 Timber Bank
1 Bed Flat | 6 m | Est. Value: £155,185
- 22 Timber Bank
1 Bed Flat | 6 m | Est. Value: £148,966
- 24 Timber Bank
2 Bed Flat | 13 m | Est. Value: £164,090
- 26 Timber Bank
2 Bed Flat | 13 m | Est. Value: £175,016
Location Comparison
Our analysis of the public data ranks 16, Timber Bank, Chatham as the 12th largest and the 12th most expensive of the 15 addresses on Timber Bank, Chatham, ME5.
Against the ME5 postcode district average, it is £152k less expensive than the typical property.
More reading links
Schools Nearby
- Wayfield Primary School500 m away
- Maundene School700 m away
- St Thomas More Roman Catholic Primary School900 m away
- Walderslade School600 m away
- Greenacre School600 m away
- Holcombe Grammar School1.3 km away
More reading links
Public Transport Nearby
- Chatham|2.8 km away
- Rochester|3.5 km away
- Gillingham (Kent)|3.8 km away
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast Broadband available in this area.
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
