3, Merrymead
3, Merrymead
Description & Estimates
The public record describes 3, Merrymead, Faversham as a mid-century house with 527 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
3, Merrymead, Faversham has an estimated sale value of £270,369 and an estimated rental value of £1,033 per month, assuming reasonable condition and based on the information available.
Merrymead, Sheldwich Lees, Faversham, ME13 lies in the borough of Swale, within the ME13 postal district.
Our Data Sources
3, Merrymead, Faversham has no records in the the Land Registry and a single entry in the EPC database dated February 2022.
We combine this information with public data 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
In very good condition, we estimate 3, Merrymead, Faversham would be worth £283,887, with a potential rental value of £1,084 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £251,443, with a rental value of £960 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 3, Merrymead, Faversham has declined by £6,620 (2.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £22 (2.1%). The property's estimated gross yield is currently 4.6%.
Energy Efficiency
3, Merrymead, Faversham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.1 kilometres of 3, Merrymead, Faversham across the last 2 years.
Most recently, 3 Suttons Cottages, Perry Wood, Faversham, ME13 9RY, a freehold house, sold at £325,000 on the 15th September 2022.
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
Our analysis of the public data ranks 3, Merrymead, Faversham as the largest and the most expensive of the 4 addresses on Merrymead, Sheldwich Lees, Faversham, ME13.
Against the ME13 postcode district average, it is £95k less expensive than the typical property.
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Schools Nearby
- 100mSheldwich Primary School
- 2.6kmSelling Church of England Primary School
- 4.3kmEthelbert Road Primary School
- 3.9kmThe Abbey School
- 5.2kmQueen Elizabeth's Grammar School
- 10.5kmWye School
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Public Transport Nearby
Selling station is the nearest stop to 3, Merrymead, Faversham at 4.0 kilometres away.
- 4.0kmSelling
- 4.4kmFaversham
- 7.1kmChilham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
