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Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 33, Glenwood Close, Chatham is £135,825 and its rental estimate is £830 per month, given the available information and assuming reasonable condition.
Glenwood Close, Chatham, ME5 falls within the ME5 postal district.
33, Glenwood Close, Chatham has no records in the the Land Registry and a single entry in the EPC database dated March 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 33, Glenwood Close, Chatham, we estimate a market value of £142,616 and a rental value of £871 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £126,317 and £772 per month respectively.
Over the last year, 33, Glenwood Close, Chatham has seen its estimated sale value move down by £649 (0.5%) and its estimated rental value increase by £17 per month (2.1%). This results in an estimated gross rental yield of 7.3%.
33, Glenwood Close, Chatham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Over the past 2 years 3 properties similar to 33, Glenwood Close, Chatham have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th June 2023, was 18, Glenwood Close, Chatham, ME5 7NR, a leasehold flat which sold for £135,000.
Read more about house prices in ME5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 52 addresses on Glenwood Close, Chatham, ME5, 33, Glenwood Close, Chatham comes out as the 43rd largest and the 44th most expensive in our analysis of the public data.
It is also £183k less expensive than the average property across the ME5 district.
From 33, Glenwood Close, Chatham, the nearest station is Gillingham (Kent), 2.3 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 33, Glenwood Close, Chatham, 36.6% of property is socially rented and 32.1% 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 33, Glenwood Close, Chatham, 16.8% of residents are recorded as possessing school level qualifications and 18.5% 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 33, Glenwood Close, Chatham, the average age was 39.5 and the most common age was 12.
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 33, Glenwood Close, Chatham, 0.4% 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 33, Glenwood Close, Chatham, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.