2, Merrymead
2, Merrymead
Description & Estimates
According to the public record, 2, Merrymead, Faversham is a mid-century house with 495 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Merrymead, Faversham is £266,491 and the estimated rental value is £1,018 per month.
Merrymead, Sheldwich Lees, Faversham, ME13 is located in the borough of Swale within the ME13 postal district.
Our Data Sources
2, Merrymead, Faversham has no records in the the Land Registry and a single entry in the EPC database dated February 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 2, Merrymead, Faversham is in very good condition we estimate a sale value of £279,816 and a rental value of £1,069 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,837 and a rental value of £946 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Merrymead, Faversham has declined by £6,525 (2.4%), while its estimated rental value has climbed by £21 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 4.6%.
Energy Efficiency
2, Merrymead, Faversham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Merrymead, Faversham within a radius of 4.1 kilometres over the last 2 years.
The most recent example is 4 Suttons Cottages, Perry Wood, Faversham, ME13 9RY, a freehold house which sold for £295,000 on the 1st March 2022.
Read more about house prices in ME13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Merrymead, Sheldwich Lees, Faversham, ME13 has a total of 4 addresses. According to our analysis of all the public data, 2, Merrymead, Faversham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in ME13.
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Schools Nearby
- 100mSheldwich Primary School
- 2.6kmSelling Church of England Primary School
- 4.3kmEthelbert Road Primary School
- 3.9kmThe Abbey School
- 5.2kmQueen Elizabeth's Grammar School
- 10.5kmWye School
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Public Transport Nearby
The closest station to 2, Merrymead, Faversham is Selling station, which is 4.0 kilometres away.
- 4.0kmSelling
- 4.4kmFaversham
- 7.1kmChilham
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
