8, Aspen Way
8, Aspen Way
Description & Estimates
The public record lists 8, Aspen Way, Chatham as a freehold house sitting on a 183 m2 plot.
Comparison with its neighbours suggests a mid-century house with 376 ft2 of internal area and a garden.
In this area, houses of this size normally have 2 bedrooms.
8, Aspen Way, Chatham has an estimated sale value of £194,947 and an estimated rental value of £964 per month, assuming reasonable condition and based on the information available.
Aspen Way, Chatham, ME5 lies within the ME5 postal district.
Our Data Sources
8, Aspen Way, Chatham has 31 entries in the Land Registry , most recently in March 2020 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 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 8, Aspen Way, Chatham would be worth £204,695, with a potential rental value of £1,012 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £181,301, with a rental value of £896 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 8, Aspen Way, Chatham has dropped by £1,390 (0.7%) over the last year. During the same period, its estimated monthly rental value has risen by £16 (1.6%). The property's estimated gross yield is currently 5.9%.
Plot Size
8, Aspen Way, Chatham occupies a 183 m2 plot as recorded by HM Land Registry.
Of the 11 other houses in this postcode, 6 have recorded plot sizes, and this one ranks as the 5th largest.
Sold Prices
8, Aspen Way, Chatham last changed hands on 24th March 2020, selling for £100,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 35.3% since March 2020.
- Sold Mar 2020£100,000
- Sold Jul 2000£55,000
- Sold Jun 1997£39,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 560 metres of 8, Aspen Way, Chatham across the last 2 years.
Most recently, 67, Watson Avenue, Chatham, ME5 9SJ, a freehold house, sold at £42,000 on the 25th February 2011.
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
Our analysis of the public data ranks 8, Aspen Way, Chatham as the 11th largest and the 10th most expensive of the 11 addresses on Aspen Way, Chatham, ME5.
Against the ME5 postcode district average, it is £124k less expensive than the typical property.
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Schools Nearby
- 500mOaklands School
- 700mHorsted Junior School
- 700mHorsted Infant School
- 1.0kmWalderslade School
- 1.0kmGreenacre School
- 2.4kmThe Thomas Aveling School
More reading links
Public Transport Nearby
Chatham station is the nearest stop to 8, Aspen Way, Chatham at 4.0 kilometres away.
- 4.0kmChatham
- 4.6kmRochester
- 4.9kmSnodland
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
