40, Merchants Way
40, Merchants Way
Description & Estimates
40, Merchants Way, Canterbury is described in the public record as a mid-century house with 850 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 40, Merchants Way, Canterbury is £262,360 and its rental estimate is £1,149 per month, given the available information and assuming reasonable condition.
Merchants Way, Canterbury, CT2 falls within the CT2 postal district, in the borough of Canterbury.
Our Data Sources
40, Merchants Way, Canterbury has no records in the the Land Registry and a single entry in the EPC database dated August 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 40, Merchants Way, Canterbury, we estimate a market value of £275,478 and a rental value of £1,207 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £243,995 and £1,069 per month respectively.
Recent Market Change
Over the last year, 40, Merchants Way, Canterbury has seen its estimated sale value move down by £10,574 (4.0%) and its estimated rental value increase by £23 per month (2.0%). This results in an estimated gross rental yield of 5.3%.
Energy Efficiency
40, Merchants Way, Canterbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Aug 2024.
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 40, Merchants Way, Canterbury have sold within a radius of 980 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th September 2025, was 32, Priest Avenue, Canterbury, CT2 8PJ, a freehold house which sold for £260,000.
Read more about house prices in CT2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 87 addresses on Merchants Way, Canterbury, CT2, 40, Merchants Way, Canterbury comes out as the 31st largest and the 27th most expensive in our analysis of the public data.
It is also £78k less expensive than the average property across the CT2 district.
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Schools Nearby
- 200mThe Canterbury Primary School
- 1.3kmWincheap Foundation Primary School
- 1.4kmSt Peter's Methodist Primary School
- 500mThe Canterbury Academy
- 2.2kmThe Archbishop's School
- 2.4kmBarton Court Grammar School
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Public Transport Nearby
From 40, Merchants Way, Canterbury, the nearest station is Canterbury East, 1.4 kilometres away.
- 1.4kmCanterbury East
- 1.5kmCanterbury West
- 3.5kmChartham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
