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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
According to the public record, 87, Abbey Street, Faversham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 1,015 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 87, Abbey Street, Faversham is £325,707 and the estimated rental value is £1,351 per month.
Abbey Street, Faversham, ME13 is located in the borough of Swale within the ME13 postal district.
87, Abbey Street, Faversham has 21 entries in the Land Registry , most recently in December 2015 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 87, Abbey Street, Faversham is in very good condition we estimate a sale value of £341,992 and a rental value of £1,418 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,908 and a rental value of £1,256 per month.
Over the last 12 months the sale value of 87 Abbey Street Faversham has decreased by an estimated £11,427 (3.5%) and its rental value has decreased by an estimated £7 per month (0.6%), giving an expected gross yield of 5%.
According to HM Land Registry, 87, Abbey Street, Faversham was last sold on 11th December 2015 for £350,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2015, the market for similar properties has dropped 8.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 87, Abbey Street, Faversham within a radius of 550 metres over the last 2 years.
The most recent example is 3 Old Brewery Lofts, Church Street, Faversham, ME13 7BB, a leasehold flat which sold for £320,000 on the 25th October 2024.
Read more about house prices in ME13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Abbey Street, Faversham, ME13 has a total of 95 addresses. According to our analysis of all the public data, 87, Abbey Street, Faversham is the 59th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in ME13.
The closest station to 87, Abbey Street, Faversham is Faversham station which is 700 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 87, Abbey Street, Faversham, 56.1% of property is privately owned outright and 26.2% 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 87, Abbey Street, Faversham, 6.4% of residents are recorded as possessing school level qualifications and 47.1% 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 87, Abbey Street, 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 87, Abbey Street, Faversham, 1.4% 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 87, Abbey Street, Faversham, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.
