41, Institute Road
41, Institute Road
Description & Estimates
41, Institute Road, Chatham is described in the public record as a period apartment with 691 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 41, Institute Road, Chatham is £137,244 and its rental estimate is £1,001 per month, given the available information and assuming reasonable condition.
41, Institute Road is a residential building on Institute Road, Chatham, ME4 and falls within the ME4 postal district.
Our Data Sources
41, Institute Road, Chatham has no records in the the Land Registry and a single entry in the EPC database dated October 2008.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 41, Institute Road, Chatham, we estimate a market value of £144,106 and a rental value of £1,051 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £127,637 and £931 per month respectively.
Recent Market Change
Over the last year, 41, Institute Road, Chatham has seen its estimated sale value decline by £129 (0.1%) and its estimated rental value climb by £22 per month (2.2%). This results in an estimated gross rental yield of 8.8%.
Energy Efficiency
41, Institute Road, Chatham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Oct 2008.
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 41, Institute Road, Chatham have sold within a radius of 470 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th March 2025, was Flat 5, Mossys Mews 84A, Luton Road, Chatham, ME4 5AB, a leasehold flat which sold for £130,000.
Read more about house prices in ME4.
- Sold Mar 2025£130,000 | 2 Bed FlatMossys Mews 84A, Luton RoadFlat 5, Mossys Mews 84A, Luton Road, Chatham, ME4 5AB
- Sold Jan 2025£3,420,000 | 2 Bed Flat70, Solomons RoadFlat 3, 70, Solomons Road, Chatham, ME4 4AJ
- Sold Feb 2020£107,684 | 2 Bed FlatMeadow Bank Road4, Meadow Bank Road, Chatham, ME4 4PD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 53 addresses on Institute Road, Chatham, ME4, 41, Institute Road, Chatham comes out as the 38th largest and the 42nd most expensive in our analysis of the public data.
It is also £127k less expensive than the average property across the ME4 district.
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Schools Nearby
- 300mNew Road Primary School
- 400mAll Saints Church of England Primary School
- 600mBrompton-Westbrook Primary School
- 500mBrompton Academy
- 1.2kmSt John Fisher Catholic Comprehensive School
- 1.2kmChatham Grammar
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Public Transport Nearby
From 41, Institute Road, Chatham, the nearest station is Chatham, 900 metres away.
- 900mChatham
- 1.3kmGillingham (Kent)
- 1.8kmRochester
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.
