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According to the public record, 2, Penfold Close, Chatham is a mid-century apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Penfold Close, Chatham is £120,298 and the estimated rental value is £797 per month.
Penfold Close, Chatham, ME5 is located within the ME5 postal district.
2, Penfold Close, Chatham has no records in the the Land Registry and a single entry in the EPC database dated March 2021.
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.
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, Penfold Close, Chatham is in very good condition we estimate a sale value of £126,312 and a rental value of £837 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £111,877 and a rental value of £741 per month.
Over the last 12 months the sale value of 2 Penfold Close Chatham has decreased by an estimated £2,226 (1.9%) and its rental value has increased by an estimated £6 per month (0.8%), giving an expected gross yield of 7.9%.
2, Penfold Close, Chatham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 2, Penfold Close, Chatham within a radius of 520 metres over the last 2 years.
The most recent example is Flat 1, The Willows 28, Churchill Avenue, Chatham, ME5 0EZ, a leasehold flat which sold for £150,000 on the 10th July 2017.
Read more about house prices in ME5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penfold Close, Chatham, ME5 has a total of 26 addresses. According to our analysis of all the public data, 2, Penfold Close, Chatham is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in ME5.
The closest station to 2, Penfold Close, Chatham is Chatham station which is 2.6 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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, Penfold Close, Chatham, 53.9% of property is socially rented and 27.3% 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, Penfold Close, Chatham, 28.0% of residents are recorded as possessing school level qualifications and 14.4% 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, Penfold Close, Chatham, the average age was 39.5 and the most common age was 12.
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, Penfold Close, Chatham, 0.8% 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, Penfold Close, Chatham, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.