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Company No. 11113204
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According to the public record, 234, Luton Road, Chatham is a mid-century leasehold apartment with 667 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 234, Luton Road, Chatham is £143,560 and the estimated rental value is £1,057 per month.
Luton Road, Chatham, ME4 is located within the ME4 postal district.
234, Luton Road, Chatham has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated May 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 234, Luton Road, Chatham is in very good condition we estimate a sale value of £150,738 and a rental value of £1,109 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £133,511 and a rental value of £983 per month.
Over the last 12 months the sale value of 234 Luton Road Chatham has increased by an estimated £256 (0.2%) and its rental value has increased by an estimated £26 per month (2.5%), giving an expected gross yield of 8.8%.
234, Luton Road, Chatham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 234, Luton Road, Chatham was last sold on 29th September 2023 for £163,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2023, the market for similar properties has risen 24.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 234, Luton Road, Chatham within a radius of 350 metres over the last 2 years.
The most recent example is 123, Maida Road, Chatham, ME4 5ED, a leasehold flat which sold for £149,000 on the 31st March 2023.
Read more about house prices in ME4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Luton Road, Chatham, ME4 has a total of 497 addresses. According to our analysis of all the public data, 234, Luton Road, Chatham is the 286th largest and the 358th most expensive property on the street.
When compared to the postcode district it is £121k less expensive than the average property in ME4.
The closest station to 234, Luton Road, Chatham is Chatham station which is 1.6 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 234, Luton Road, Chatham, 43.0% of property is privately rented and 24.4% 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 234, Luton Road, Chatham, 25.9% of residents are recorded as possessing school level qualifications and 26.7% 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 234, Luton Road, Chatham, the average age was 35.1 and the most common age was 2.
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 234, Luton Road, Chatham, 0.0% 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 234, Luton Road, Chatham, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
