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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Preston Park, Faversham is £388,609 and the estimated rental value is £1,492 per month.
Preston Park, Faversham, ME13 is located in the borough of Swale within the ME13 postal district.
38, Preston Park, Faversham has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 38, Preston Park, Faversham is in very good condition we estimate a sale value of £408,039 and a rental value of £1,566 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £361,406 and a rental value of £1,387 per month.
Over the last 12 months the sale value of 38 Preston Park Faversham has decreased by an estimated £6,076 (1.6%) and its rental value has increased by an estimated £24 per month (1.6%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 38, Preston Park, Faversham sits on a plot of 302m2.
We have plot size data on 47 out of 47 other houses in the postcode and 38, Preston Park, Faversham sits on the 24th largest plot.
38, Preston Park, Faversham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 38, Preston Park, Faversham was last sold on 20th October 2022 for £422,400 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2022, the market for similar properties has dropped 10.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Preston Park, Faversham within a radius of 600 metres over the last 2 years.
The most recent example is 76, Preston Park, Faversham, ME13 8LN, a freehold house which sold for £470,000 on the 22nd November 2024.
Read more about house prices in ME13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Park, Faversham, ME13 has a total of 94 addresses. According to our analysis of all the public data, 38, Preston Park, Faversham is the 66th largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in ME13.
The closest station to 38, Preston Park, Faversham is Faversham station which is 300 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 38, Preston Park, Faversham, 56.3% of property is privately owned outright and 22.4% is privately owned with a mortgage.
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 38, Preston Park, Faversham, 12.7% of residents are recorded as possessing school level qualifications and 33.7% 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 38, Preston Park, Faversham, the average age was 42.8 and the most common age was 57.
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 38, Preston Park, Faversham, 1.0% 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 38, Preston Park, Faversham, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.