40, Mills Terrace
40, Mills Terrace
Description & Estimates
Public records show 40, Mills Terrace, Chatham to be a modern freehold house with 818 ft2 of internal area, sitting on a 173 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
40, Mills Terrace, Chatham has an estimated sale value of £185,221 and an estimated rental value of £991 per month, assuming reasonable condition and based on the information available.
Mills Terrace, Chatham, ME4 lies within the ME4 postal district.
Our Data Sources
40, Mills Terrace, Chatham has 31 entries in the Land Registry , most recently in February 2016 and a single entry in the EPC database dated July 2024.
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.
Price Range & Condition
In very good condition, we estimate 40, Mills Terrace, Chatham would be worth £194,482, with a potential rental value of £1,041 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £172,256, with a rental value of £922 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 40, Mills Terrace, Chatham has climbed by £115 (0.1%) over the last year. During the same period, its estimated monthly rental value has risen by £25 (2.5%). The property's estimated gross yield is currently 6.4%.
Plot Size
40, Mills Terrace, Chatham occupies a 173 m2 plot as recorded by HM Land Registry.
Of the 19 other houses in this postcode, 13 have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
40, Mills Terrace, Chatham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jul 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
40, Mills Terrace, Chatham last changed hands on 26th February 2016, selling for £160,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 73.1% since February 2016.
- Sold Feb 2016£160,000
- Sold Jul 2014£100,000
- Sold Mar 2004£106,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 330 metres of 40, Mills Terrace, Chatham across the last 2 years.
Most recently, 8, Herman Terrace, Chatham, ME4 5NX, a freehold house, sold at £206,000 on the 13th February 2026.
Read more about house prices in ME4.
•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 40, Mills Terrace, Chatham as the 27th largest and the 29th most expensive of the 48 addresses on Mills Terrace, Chatham, ME4.
Against the ME4 postcode district average, it is £79k less expensive than the typical property.
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Schools Nearby
- 200mAll Saints Church of England Primary School
- 200mNew Road Primary School
- 400mPhoenix Primary School
- 800mBrompton Academy
- 900mThe Victory Academy
- 1.0kmSt John Fisher Catholic Comprehensive School
More reading links
Public Transport Nearby
Chatham station is the nearest stop to 40, Mills Terrace, Chatham at 800 metres away.
- 800mChatham
- 1.7kmGillingham (Kent)
- 1.8kmRochester
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
