23, Colchester Close
23, Colchester Close
Description & Estimates
Public records show 23, Colchester Close, Chatham to be a modern freehold house with 925 ft2 of internal area, sitting on a 240 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
23, Colchester Close, Chatham has an estimated sale value of £338,933 and an estimated rental value of £1,487 per month, assuming reasonable condition and based on the information available.
Colchester Close, Chatham, ME5 lies within the ME5 postal district.
Our Data Sources
23, Colchester Close, Chatham has a single entry in the Land Registry from January 2014 and a single entry in the EPC database dated May 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 23, Colchester Close, Chatham would be worth £355,879, with a potential rental value of £1,562 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £315,208, with a rental value of £1,383 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 23, Colchester Close, Chatham has risen by £39 (0.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £42 (2.8%). The property's estimated gross yield is currently 5.3%.
Plot Size
23, Colchester Close, Chatham occupies a 240 m2 plot as recorded by HM Land Registry.
Of the 37 other houses in this postcode, 36 have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
23, Colchester Close, Chatham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 May 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
23, Colchester Close, Chatham last changed hands on 17th January 2014, selling for £207,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 77.4% since January 2014.
- Sold Jan 2014£207,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 630 metres of 23, Colchester Close, Chatham across the last 2 years.
Most recently, 27, Woolwich Close, Chatham, ME5 0HU, a freehold house, sold at £345,000 on the 1st March 2024.
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 23, Colchester Close, Chatham as the 3rd largest and the 3rd most expensive of the 37 addresses on Colchester Close, Chatham, ME5.
Against the ME5 postcode district average, it is £20k more expensive than the typical property.
More reading links
Schools Nearby
- 200mWayfield Primary School
- 700mNew Horizons Children's Academy
- 1.1kmKingfisher Community Primary School
- 900mHolcombe Grammar School
- 1.0kmWalderslade School
- 1.0kmGreenacre School
More reading links
Public Transport Nearby
Chatham station is the nearest stop to 23, Colchester Close, Chatham at 2.3 kilometres away.
- 2.3kmChatham
- 3.1kmRochester
- 3.4kmGillingham (Kent)
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
