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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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According to the public record, 7, Lavender Close, Chatham is a mid-century house with 516 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Lavender Close, Chatham is £214,367 and the estimated rental value is £1,044 per month.
Lavender Close, Chatham, ME5 is located within the ME5 postal district.
7, Lavender Close, Chatham has no records in the the Land Registry and a single entry in the EPC database dated May 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 7, Lavender Close, Chatham is in very good condition we estimate a sale value of £225,085 and a rental value of £1,096 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £199,361 and a rental value of £971 per month.
Over the last 12 months the sale value of 7 Lavender Close Chatham has decreased by an estimated £3,074 (1.4%) and its rental value has increased by an estimated £15 per month (1.5%), giving an expected gross yield of 5.8%.
7, Lavender Close, Chatham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 May 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 the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 7, Lavender Close, Chatham within a radius of 530 metres over the last 2 years.
The most recent example is 63, Silverweed Road, Chatham, ME5 0RD, a freehold house which sold for £99,000 on the 27th October 2008.
Read more about house prices in ME5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lavender Close, Chatham, ME5 has a total of 7 addresses. According to our analysis of all the public data, 7, Lavender Close, Chatham is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in ME5.
The closest station to 7, Lavender Close, Chatham is Chatham station which is 3.9 kilometres away.
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 7, Lavender Close, Chatham, 36.8% of property is privately owned with a mortgage and 26.5% is privately owned outright.
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 7, Lavender Close, Chatham, 25.0% of residents are recorded as possessing school level qualifications and 17.5% 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 7, Lavender Close, Chatham, the average age was 41 and the most common age was 52.
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 7, Lavender Close, Chatham, 0.3% 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 7, Lavender Close, Chatham, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
