24, The Street
24, The Street
Description & Estimates
24, The Street, Faversham is recorded publicly as a mid-century freehold house across 1,054 ft2 of internal area, sitting on a 135 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 24, The Street, Faversham is £319,118 and its rental estimate is £1,452 per month, given the available information and assuming reasonable condition.
The Street, Oare, Faversham, ME13 falls within the ME13 postal district, in the borough of Swale.
Our Data Sources
24, The Street, Faversham has a single entry in the Land Registry from February 2021 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 24, The Street, Faversham, we estimate a market value of £335,074 and a rental value of £1,524 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £296,780 and £1,350 per month respectively.
Recent Market Change
Over the last year, 24, The Street, Faversham has seen its estimated sale value move down by £7,713 (2.4%) and its estimated rental value increase by £31 per month (2.1%). This results in an estimated gross rental yield of 5.5%.
Plot Size
HM Land Registry records the plot of land for 24, The Street, Faversham as measuring 135 m2.
That makes it the 9th largest plot in the postcode, where 13 of the 23 other houses have recorded plot data.
Energy Efficiency
24, The Street, Faversham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 24, The Street, Faversham completed on 21st February 2021 at £285,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 25.1% over the period since February 2021.
- Sold Feb 2021£285,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24, The Street, Faversham have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th November 2021, was 65, Colegates Close, Faversham, ME13 0QQ, a freehold house which sold for £275,000.
Read more about house prices in ME13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 47 addresses on The Street, Oare, Faversham, ME13, 24, The Street, Faversham comes out as the 5th largest and the 9th most expensive in our analysis of the public data.
It is also £47k less expensive than the average property across the ME13 district.
More reading links
Schools Nearby
- 1.1kmDavington Primary School
- 1.3kmLuddenham School
- 1.4kmBysing Wood Primary School
- 1.9kmQueen Elizabeth's Grammar School
- 2.6kmThe Abbey School
- 8.4kmThe Sittingbourne School
More reading links
Public Transport Nearby
From 24, The Street, Faversham, the nearest station is Faversham, 2.3 kilometres away.
- 2.3kmFaversham
- 4.9kmTeynham
- 7.3kmSelling
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
