24, Merchants Way
24, Merchants Way
Description & Estimates
The public record describes 24, Merchants Way, Canterbury as a mid-century house with 850 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
24, Merchants Way, Canterbury has an estimated sale value of £262,360 and an estimated rental value of £1,149 per month, assuming reasonable condition and based on the information available.
Merchants Way, Canterbury, CT2 lies in the borough of Canterbury, within the CT2 postal district.
Our Data Sources
24, Merchants Way, Canterbury has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2022.
We combine this information with public data 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 24, Merchants Way, Canterbury would be worth £275,478, with a potential rental value of £1,207 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £243,995, with a rental value of £1,069 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 24, Merchants Way, Canterbury has dropped by £10,574 (4.0%) over the last year. During the same period, its estimated monthly rental value has risen by £23 (2.0%). The property's estimated gross yield is currently 5.3%.
Energy Efficiency
24, Merchants Way, Canterbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
24, Merchants Way, Canterbury last changed hands on 18th October 2005, selling for £165,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Oct 2005£165,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 990 metres of 24, Merchants Way, Canterbury across the last 2 years.
Most recently, 32, Merchants Way, Canterbury, CT2 8PW, a freehold house, sold at £315,000 on the 5th June 2025.
Read more about house prices in CT2.
- Sold Jun 2025£315,000 | 3 Bed House32, Merchants Way, Canterbury, CT2 8PW32, Merchants Way, Canterbury, CT2 8PW
- Sold Sep 2024£250,000 | 3 Bed House2, Priest Avenue, Canterbury, CT2 8PJ2, Priest Avenue, Canterbury, CT2 8PJ
- Sold Jun 2023£270,000 | 3 Bed House20, Merchants Way, Canterbury, CT2 8PW20, Merchants Way, Canterbury, CT2 8PW
•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 24, Merchants Way, Canterbury as the 33rd largest and the 29th most expensive of the 87 addresses on Merchants Way, Canterbury, CT2.
Against the CT2 postcode district average, it is £78k less expensive than the typical property.
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Schools Nearby
- 200mThe Canterbury Primary School
- 1.3kmWincheap Foundation Primary School
- 1.4kmSt Peter's Methodist Primary School
- 500mThe Canterbury Academy
- 2.2kmThe Archbishop's School
- 2.4kmBarton Court Grammar School
More reading links
Public Transport Nearby
Canterbury East station is the nearest stop to 24, Merchants Way, Canterbury at 1.4 kilometres away.
- 1.4kmCanterbury East
- 1.5kmCanterbury West
- 3.5kmChartham
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
