18, Glenwood Close
18, Glenwood Close
Description & Estimates
Public records show 18, Glenwood Close, Chatham to be a mid-century leasehold apartment with 516 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
18, Glenwood Close, Chatham has an estimated sale value of £135,825 and an estimated rental value of £830 per month, assuming reasonable condition and based on the information available.
Glenwood Close, Chatham, ME5 lies within the ME5 postal district.
Our Data Sources
18, Glenwood Close, Chatham has 31 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated March 2022.
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.
Price Range & Condition
In very good condition, we estimate 18, Glenwood Close, Chatham would be worth £142,616, with a potential rental value of £871 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £126,317, with a rental value of £772 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 18, Glenwood Close, Chatham has decreased by £649 (0.5%) over the last year. During the same period, its estimated monthly rental value has grown by £17 (2.1%). The property's estimated gross yield is currently 7.3%.
Energy Efficiency
18, Glenwood Close, Chatham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
18, Glenwood Close, Chatham last changed hands on 8th June 2023, selling for £135,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 15.3% since June 2023.
- Sold Jun 2023£135,000
- Sold Dec 2020£115,000
- Sold Dec 1999£33,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 550 metres of 18, Glenwood Close, Chatham across the last 2 years.
Most recently, 43, Glenwood Close, Chatham, ME5 7NR, a leasehold flat, sold at £112,500 on the 11th December 2020.
Read more about house prices in ME5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 18, Glenwood Close, Chatham as the 18th largest and the 22nd most expensive of the 52 addresses on Glenwood Close, Chatham, ME5.
Against the ME5 postcode district average, it is £183k less expensive than the typical property.
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Schools Nearby
- 600mLuton Primary School
- 900mKingfisher Community Primary School
- 1.2kmByron Primary School
- 800mChatham Grammar
- 1.0kmThe Victory Academy
- 1.6kmThe Robert Napier School
More reading links
Public Transport Nearby
Gillingham (Kent) station is the nearest stop to 18, Glenwood Close, Chatham at 2.3 kilometres away.
- 2.3kmGillingham (Kent)
- 2.3kmChatham
- 3.3kmRochester
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
