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According to the public record, 2, Park Terrace, Faversham is a early-century house with 882 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Park Terrace, Faversham is £188,790 and the estimated rental value is £979 per month.
Park Terrace, Throwley Forstal, Faversham, ME13 is located in the borough of Swale within the ME13 postal district.
2, Park Terrace, Faversham has no records in the the Land Registry and a single entry in the EPC database dated December 2018.
We combine this information with public data 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.
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, Park Terrace, Faversham is in very good condition we estimate a sale value of £198,230 and a rental value of £1,028 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £175,575 and a rental value of £910 per month.
Over the last 12 months the sale value of 2 Park Terrace Faversham has decreased by an estimated £2,952 (1.6%) and its rental value has increased by an estimated £16 per month (1.6%), giving an expected gross yield of 6.2%.
2, Park Terrace, Faversham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Dec 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2, Park Terrace, Faversham within a radius of 5.1 kilometres over the last 2 years.
The most recent example is 3, Park Terrace, Faversham, ME13 0PH, a freehold house which sold for £232,500 on the 27th April 2018.
Read more about house prices in ME13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Terrace, Throwley Forstal, Faversham, ME13 has a total of 8 addresses. According to our analysis of all the public data, 2, Park Terrace, Faversham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £179k less expensive than the average property in ME13.
The closest station to 2, Park Terrace, Faversham is Charing (Kent) station which is 6.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Park Terrace, Faversham, 43.9% of property is privately owned outright and 25.0% 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 2, Park Terrace, Faversham, 10.3% of residents are recorded as possessing school level qualifications and 40.7% 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 2, Park Terrace, Faversham, the average age was 42.3 and the most common age was 52.
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 2, Park Terrace, 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 2, Park Terrace, Faversham, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.