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Company No. 11113204
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VAT No. GB 287 0845 68
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According to the public record, 3, Armada Way, Chatham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 561 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 3, Armada Way, Chatham is £174,374 and the estimated rental value is £1,127 per month.
Armada Way, Chatham, ME4 is located within the ME4 postal district.
3, Armada Way, Chatham has a single entry in the Land Registry from January 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 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 3, Armada Way, Chatham is in very good condition we estimate a sale value of £183,092 and a rental value of £1,183 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £162,168 and a rental value of £1,048 per month.
Over the last 12 months the sale value of 3 Armada Way Chatham has decreased by an estimated £1,604 (0.9%) and its rental value has increased by an estimated £22 per month (1.9%), giving an expected gross yield of 7.8%.
According to HM Land Registry, 3, Armada Way, Chatham was last sold on 26th January 2018 for £120,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2018, the market for similar properties has risen 85.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Armada Way, Chatham within a radius of 400 metres over the last 2 years.
The most recent example is 29, Armada Way, Chatham, ME4 6PH, a leasehold flat which sold for £170,000 on the 25th November 2024.
Read more about house prices in ME4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Armada Way, Chatham, ME4 has a total of 49 addresses. According to our analysis of all the public data, 3, Armada Way, Chatham is the 42nd largest and the 41st most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in ME4.
The closest station to 3, Armada Way, Chatham is Chatham station which is 400 metres 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 3, Armada Way, Chatham, 38.9% of property is privately rented and 28.6% is privately owned outright.
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 3, Armada Way, Chatham, 29.8% of residents are recorded as possessing school level qualifications and 22.4% 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 3, Armada Way, Chatham, the average age was 34.4 and the most common age was 32.
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 3, Armada Way, Chatham, 0.9% 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 3, Armada Way, Chatham, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.
