4, Merrymead
4, Merrymead
Description & Estimates
4, Merrymead, Faversham is described in the public record as a mid-century house with 473 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 4, Merrymead, Faversham is £260,122 and its rental estimate is £993 per month, given the available information and assuming reasonable condition.
Merrymead, Sheldwich Lees, Faversham, ME13 falls within the ME13 postal district, in the borough of Swale.
Our Data Sources
4, Merrymead, Faversham has no records in the the Land Registry and a single entry in the EPC database dated February 2020.
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
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 4, Merrymead, Faversham, we estimate a market value of £273,128 and a rental value of £1,043 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £241,914 and £924 per month respectively.
Recent Market Change
Over the last year, 4, Merrymead, Faversham has seen its estimated sale value move down by £6,369 (2.4%) and its estimated rental value increase by £21 per month (2.1%). This results in an estimated gross rental yield of 4.6%.
Energy Efficiency
4, Merrymead, Faversham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Feb 2020.
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
Over the past 2 years 3 properties similar to 4, Merrymead, Faversham have sold within a radius of 4.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st March 2022, was 4 Suttons Cottages, Perry Wood, Faversham, ME13 9RY, a freehold house which sold for £295,000.
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 4 addresses on Merrymead, Sheldwich Lees, Faversham, ME13, 4, Merrymead, Faversham comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £106k less expensive than the average property across the ME13 district.
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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
From 4, Merrymead, Faversham, the nearest station is Selling, 4.0 kilometres away.
- 4.0kmSelling
- 4.4kmFaversham
- 7.1kmChilham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
