42, Glenwood Close
42, Glenwood Close
Description & Estimates
According to the public record, 42, Glenwood Close, Chatham is a mid-century leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 42, Glenwood Close, Chatham is £135,825 and the estimated rental value is £830 per month.
Glenwood Close, Chatham, ME5 is located within the ME5 postal district.
Our Data Sources
42, Glenwood Close, Chatham has 2 entries in the Land Registry , most recently in July 2016 and a single entry in the EPC database dated March 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.
Price Range & Condition
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 42, Glenwood Close, Chatham is in very good condition we estimate a sale value of £142,616 and a rental value of £871 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £126,317 and a rental value of £772 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 42, Glenwood Close, Chatham has moved down by £649 (0.5%), while its estimated rental value has increased by £17 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 7.3%.
Energy Efficiency
42, Glenwood Close, Chatham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 42, Glenwood Close, Chatham was last sold on 29th July 2016 for £110,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2016, the market for similar properties has risen by 42.2%.
- Sold Jul 2016£110,000
- Sold Aug 2007£95,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Glenwood Close, Chatham within a radius of 540 metres over the last 2 years.
The most recent example is 18, Glenwood Close, Chatham, ME5 7NR, a leasehold flat which sold for £135,000 on the 8th June 2023.
Read more about house prices in ME5.
- Sold Jun 2023£135,000 | 2 Bed Flat18, Glenwood Close, Chatham, ME5 7NR18, Glenwood Close, Chatham, ME5 7NR
- Sold Dec 2020£112,500 | 2 Bed Flat43, Glenwood Close, Chatham, ME5 7NR43, Glenwood Close, Chatham, ME5 7NR
- Sold May 2018£119,000 | 2 Bed Flat39, Glenwood Close, Chatham, ME5 7NR39, Glenwood Close, Chatham, ME5 7NR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Glenwood Close, Chatham, ME5 has a total of 52 addresses. According to our analysis of all the public data, 42, Glenwood Close, Chatham is the 34th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in ME5.
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Schools Nearby
- 600mLuton Primary School
- 900mKingfisher Community Primary School
- 1.2kmByron Primary School
- 800mChatham Grammar
- 1.0kmThe Victory Academy
- 1.6kmThe Robert Napier School
More reading links
Public Transport Nearby
The closest station to 42, Glenwood Close, Chatham is Gillingham (Kent) station, which is 2.3 kilometres away.
- 2.3kmGillingham (Kent)
- 2.3kmChatham
- 3.3kmRochester
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
