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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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7, New Street, Sheerness is recorded publicly as a period freehold house across 678 ft2 of internal area, sitting on a 161 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 7, New Street, Sheerness is £161,618 and its rental estimate is £980 per month, given the available information and assuming reasonable condition.
New Street, Sheerness, ME12 falls within the ME12 postal district, in the borough of Swale.
7, New Street, Sheerness has 2 entries in the Land Registry , most recently in November 2020 and a single entry in the EPC database dated October 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 7, New Street, Sheerness, we estimate a market value of £169,699 and a rental value of £1,029 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £150,305 and £911 per month respectively.
Over the last year, 7, New Street, Sheerness has seen its estimated sale value move down by £1,919 (1.2%) and its estimated rental value increase by £24 per month (2.4%). This results in an estimated gross rental yield of 7.3%.
HM Land Registry records the plot of land for 7, New Street, Sheerness as measuring 161 m2.
That makes it the 6th largest plot in the postcode, where 15 of the 17 other houses have recorded plot data.
7, New Street, Sheerness has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Oct 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 7, New Street, Sheerness completed on 27th November 2020 at £175,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 31.0% over the period since November 2020.
Over the past 2 years 3 properties similar to 7, New Street, Sheerness have sold within a radius of 670 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th January 2023, was 20, Granville Road, Sheerness, ME12 1QL, a freehold house which sold for £160,000.
Read more about house prices in ME12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 17 addresses on New Street, Sheerness, ME12, 7, New Street, Sheerness comes out as the 14th largest and the 14th most expensive in our analysis of the public data.
It is also £111k less expensive than the average property across the ME12 district.
From 7, New Street, Sheerness, the nearest station is Sheerness-on-Sea, 600 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, New Street, Sheerness, 30.0% of property is socially rented and 25.8% 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, New Street, Sheerness, 25.9% of residents are recorded as possessing school level qualifications and 11.2% 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, New Street, Sheerness, the average age was 37.6 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 7, New Street, Sheerness, 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 7, New Street, Sheerness, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.
