43, Glenwood Close
43, Glenwood Close
Description & Estimates
43, Glenwood Close, Chatham is recorded publicly as a mid-century leasehold apartment across 516 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 43, Glenwood Close, Chatham is £135,825 and its rental estimate is £830 per month, given the available information and assuming reasonable condition.
Glenwood Close, Chatham, ME5 falls within the ME5 postal district.
Our Data Sources
43, Glenwood Close, Chatham has 31 entries in the Land Registry , most recently in December 2020 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
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 43, Glenwood Close, Chatham, we estimate a market value of £142,616 and a rental value of £871 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £126,317 and £772 per month respectively.
Recent Market Change
Over the last year, 43, Glenwood Close, Chatham has seen its estimated sale value decrease by £649 (0.5%) and its estimated rental value grow by £17 per month (2.1%). This results in an estimated gross rental yield of 7.3%.
Energy Efficiency
43, 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
The most recent sale of 43, Glenwood Close, Chatham completed on 11th December 2020 at £112,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 28.8% over the period since December 2020.
- Sold Dec 2020£112,500
- Sold Oct 1996£32,000
- Sold Jun 1995£27,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 43, Glenwood Close, Chatham have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th June 2023, was 18, Glenwood Close, Chatham, ME5 7NR, a leasehold flat which sold for £135,000.
Read more about house prices in ME5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 52 addresses on Glenwood Close, Chatham, ME5, 43, Glenwood Close, Chatham comes out as the 33rd largest and the 35th most expensive in our analysis of the public data.
It is also £183k less expensive than the average property across the ME5 district.
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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
From 43, Glenwood Close, Chatham, the nearest station is Gillingham (Kent), 2.3 kilometres away.
- 2.3kmGillingham (Kent)
- 2.3kmChatham
- 3.3kmRochester
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.
