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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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50, Somerset Close, Chatham is described in the public record as an early-century house with 1,001 ft2 of internal area, sitting on a 165 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 50, Somerset Close, Chatham is £266,294 and its rental estimate is £1,378 per month, given the available information and assuming reasonable condition.
Somerset Close, Chatham, ME5 falls within the ME5 postal district.
50, Somerset Close, Chatham has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2014.
We combine this information with public data 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.
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 50, Somerset Close, Chatham, we estimate a market value of £279,609 and a rental value of £1,447 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £247,653 and £1,281 per month respectively.
Over the last year, 50, Somerset Close, Chatham has seen its estimated sale value grow by £31 (0.0%) and its estimated rental value climb by £39 per month (2.8%). This results in an estimated gross rental yield of 6.2%.
HM Land Registry records the plot of land for 50, Somerset Close, Chatham as measuring 165 m2.
That makes it the 13th largest plot in the postcode, where 14 of the 26 other houses have recorded plot data.
50, Somerset Close, Chatham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Sep 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 50, Somerset Close, Chatham completed on 15th December 2004 at £60,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Over the past 2 years 3 properties similar to 50, Somerset Close, Chatham have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th December 2024, was 11, Berkshire Close, Chatham, ME5 7SE, a freehold house which sold for £317,000.
Read more about house prices in ME5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 83 addresses on Somerset Close, Chatham, ME5, 50, Somerset Close, Chatham comes out as the 6th largest and the 8th most expensive in our analysis of the public data.
It is also £52k less expensive than the average property across the ME5 district.
From 50, Somerset Close, Chatham, the nearest station is Gillingham (Kent), 2.6 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 50, Somerset Close, Chatham, 67.5% of property is socially rented and 11.9% is privately owned with a mortgage.
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 50, Somerset Close, Chatham, 22.7% of residents are recorded as possessing school level qualifications and 10.9% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 50, Somerset Close, Chatham, the average age was 39.5 and the most common age was 12.
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 50, Somerset Close, Chatham, 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 50, Somerset Close, Chatham, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.
