8, Richmond Street
8, Richmond Street
Description & Estimates
According to the public record, 8, Richmond Street, Sheerness is a period leasehold apartment with 322 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Richmond Street, Sheerness is £152,246 and the estimated rental value is £873 per month.
The apartment is within 8, Richmond Street, Sheerness, ME12.
Richmond Street, Sheerness, ME12 is located in the borough of Swale within the ME12 postal district.
Our Data Sources
8, Richmond Street, Sheerness has 31 entries in the Land Registry , most recently in April 2023 and a single entry in the EPC database dated March 2022.
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.
Price Range & Condition
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, Richmond Street, Sheerness is in very good condition we estimate a sale value of £159,859 and a rental value of £916 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £141,589 and a rental value of £812 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Richmond Street, Sheerness has moved down by £2,299 (1.5%), while its estimated rental value has increased by £17 per month (2.0%). Based on current estimates, the property offers a gross rental yield of 6.9%.
Energy Efficiency
8, Richmond Street, Sheerness has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 8, Richmond Street, Sheerness was last sold on 26th April 2023 for £172,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since April 2023, the market for similar properties has dropped by 43.3%.
- Sold Apr 2023£172,500
- Sold Oct 2007£86,619
- Sold Nov 2004£113,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 8, Richmond Street, Sheerness within a radius of 470 metres over the last 2 years.
The most recent example is 8A, Richmond Street, Sheerness, ME12 2QD, a leasehold flat which sold for £172,500 on the 26th April 2023.
Read more about house prices in ME12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Richmond Street, Sheerness, ME12 has a total of 81 addresses. According to our analysis of all the public data, 8, Richmond Street, Sheerness is the 80th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £121k less expensive than the average property in ME12.
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Schools Nearby
- 400mRichmond Primary School
- 1.0kmRose Street Primary School
- 1.2kmSt Edward's Catholic Primary School
- 300mEKC Sheppey Secondary
- 2.4kmLeigh Academy Minster
- 10.3kmShoeburyness High School
More reading links
Public Transport Nearby
The closest station to 8, Richmond Street, Sheerness is Sheerness-on-Sea station, which is 1.0 kilometres away.
- 1.0kmSheerness-on-Sea
- 3.2kmQueenborough
- 5.9kmSwale
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
