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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2 The Ship, Faversham is a period leasehold apartment with 1,040 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 The Ship, Faversham is £302,091 and the estimated rental value is £1,258 per month.
The apartment is within The Ship, Market Place, Faversham, ME13.
Market Place, Faversham, ME13 is located in the borough of Swale within the ME13 postal district.
2 The Ship, Faversham has 21 entries in the Land Registry , most recently in January 2014 and a single entry in the EPC database dated February 2011.
We combine this information with that 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 The Ship, Faversham is in very good condition we estimate a sale value of £317,196 and a rental value of £1,321 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £280,945 and a rental value of £1,170 per month.
Over the last 12 months the sale value of 2 The Ship Faversham has decreased by an estimated £12,928 (4.3%) and its rental value has decreased by an estimated £0 per month (0.0%), giving an expected gross yield of 5%.
2 The Ship, Faversham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Feb 2011.
The property is connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2 The Ship, Faversham was last sold on 3rd January 2014 for £220,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2014, the market for similar properties has risen 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 The Ship, Faversham within a radius of 480 metres over the last 2 years.
The most recent example is 9A, Market Street, Faversham, ME13 7AA, a leasehold flat which sold for £350,000 on the 27th August 2021.
Read more about house prices in ME13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Market Place, Faversham, ME13 has a total of 15 addresses. According to our analysis of all the public data, 2 The Ship, Faversham is the 10th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in ME13.
The closest station to 2 The Ship, Faversham is Faversham station which is 400 metres 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 The Ship, Faversham, 47.1% of property is privately owned outright and 39.7% is privately rented.
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 The Ship, Faversham, 3.7% of residents are recorded as possessing school level qualifications and 38.3% 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 The Ship, Faversham, the average age was 42.8 and the most common age was 57.
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 The Ship, Faversham, 2.0% 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 The Ship, Faversham, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
