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According to the public record, 8, Lammas Gate, Faversham is a modern leasehold apartment with 1,011 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Lammas Gate, Faversham is £368,012 and the estimated rental value is £1,533 per month.
Lammas Gate, Faversham, ME13 is located in the borough of Swale within the ME13 postal district.
8, Lammas Gate, Faversham has 41 entries in the Land Registry , most recently in January 2021 and a single entry in the EPC database dated February 2015.
We combine this information with that 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.
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 8, Lammas Gate, Faversham is in very good condition we estimate a sale value of £386,412 and a rental value of £1,609 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £342,251 and a rental value of £1,426 per month.
Over the last 12 months the sale value of 8 Lammas Gate Faversham has decreased by an estimated £15,749 (4.3%) and its rental value has decreased by an estimated £0 per month (0.0%), giving an expected gross yield of 5%.
8, Lammas Gate, Faversham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Feb 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Lammas Gate, Faversham was last sold on 8th January 2021 for £352,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since January 2021, the market for similar properties has dropped 20.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Lammas Gate, Faversham within a radius of 640 metres over the last 2 years.
The most recent example is Flat 6, Provender Mill, Belvedere Road, Faversham, ME13 7LD, a leasehold flat which sold for £249,950 on the 30th January 2015.
Read more about house prices in ME13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lammas Gate, Faversham, ME13 has a total of 34 addresses. According to our analysis of all the public data, 8, Lammas Gate, Faversham is the 8th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £2k more expensive than the average property in ME13.
The closest station to 8, Lammas Gate, Faversham is Faversham station which is 1.0 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 8, Lammas Gate, Faversham, 53.0% of property is privately owned outright and 24.7% is privately rented.
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 8, Lammas Gate, Faversham, 11.9% of residents are recorded as possessing school level qualifications and 43.5% 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 8, Lammas Gate, Faversham, the average age was 42.8 and the most common age was 57.
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 8, Lammas Gate, Faversham, 3.2% 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 8, Lammas Gate, Faversham, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
