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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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According to the public record, 74, Wells Way, Faversham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 713 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 74, Wells Way, Faversham is £314,352 and the estimated rental value is £1,399 per month.
Wells Way, Faversham, ME13 is located in the borough of Swale within the ME13 postal district.
74, Wells Way, Faversham has a single entry in the Land Registry from July 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 74, Wells Way, Faversham is in very good condition we estimate a sale value of £330,070 and a rental value of £1,469 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £292,348 and a rental value of £1,302 per month.
Over the last 12 months the sale value of 74 Wells Way Faversham has decreased by an estimated £4,915 (1.6%) and its rental value has increased by an estimated £23 per month (1.6%), giving an expected gross yield of 5.3%.
According to HM Land Registry, 74, Wells Way, Faversham was last sold on 18th July 2012 for £165,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2012, the market for similar properties has risen 71.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 74, Wells Way, Faversham within a radius of 680 metres over the last 2 years.
The most recent example is 16, The Leas, Faversham, ME13 7QE, a freehold house which sold for £325,000 on the 2nd December 2024.
Read more about house prices in ME13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wells Way, Faversham, ME13 has a total of 73 addresses. According to our analysis of all the public data, 74, Wells Way, Faversham is the 55th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £54k less expensive than the average property in ME13.
The closest station to 74, Wells Way, Faversham is Faversham station which is 1.4 kilometres away.
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.
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 74, Wells Way, Faversham, % of property is and % is .
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 74, Wells Way, Faversham, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 74, Wells Way, Faversham, 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 74, Wells Way, Faversham, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
