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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 41, Wells Way, Faversham is a mid-century freehold house with 667 ft2 of internal area and sits on a 271 m2 plot.
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 41, Wells Way, Faversham is £310,185 and the estimated rental value is £1,390 per month.
Wells Way, Faversham, ME13 is located in the borough of Swale within the ME13 postal district.
41, Wells Way, Faversham has 2 entries in the Land Registry , most recently in January 2023 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 41, Wells Way, Faversham is in very good condition we estimate a sale value of £325,694 and a rental value of £1,459 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £288,472 and a rental value of £1,292 per month.
Over the last 12 months the sale value of 41 Wells Way Faversham has decreased by an estimated £4,850 (1.6%) and its rental value has increased by an estimated £23 per month (1.6%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 41, Wells Way, Faversham sits on a plot of 271m2.
We have plot size data on 20 out of 22 other houses in the postcode and 41, Wells Way, Faversham sits on the 16th largest plot.
41, Wells Way, Faversham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Oct 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, 41, Wells Way, Faversham was last sold on 16th January 2023 for £350,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2023, the market for similar properties has dropped 7.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Wells Way, Faversham within a radius of 720 metres over the last 2 years.
The most recent example is 8, Johnson Court, Faversham, ME13 7RG, a freehold house which sold for £312,500 on the 12th December 2024.
Read more about house prices in ME13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wells Way, Faversham, ME13 has a total of 73 addresses. According to our analysis of all the public data, 41, Wells Way, Faversham is the 57th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in ME13.
The closest station to 41, Wells Way, Faversham is Faversham station which is 1.4 kilometres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 41, Wells Way, Faversham, % of property is and % is .
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 41, Wells Way, Faversham, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 41, Wells Way, Faversham, 0.0% 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 41, Wells Way, Faversham, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
