88, Palmerston Road
88, Palmerston Road
Description & Estimates
88, Palmerston Road, Chatham is described in the public record as a mid-century apartment with 377 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 88, Palmerston Road, Chatham is £123,466 and its rental estimate is £909 per month, given the available information and assuming reasonable condition.
88, Palmerston Road is a residential building on Palmerston Road, Chatham, ME4 and falls within the ME4 postal district.
Our Data Sources
88, Palmerston Road, Chatham has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2010.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 88, Palmerston Road, Chatham, we estimate a market value of £129,639 and a rental value of £954 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £114,823 and £845 per month respectively.
Recent Market Change
Over the last year, 88, Palmerston Road, Chatham has seen its estimated sale value increase by £320 (0.3%) and its estimated rental value grow by £24 per month (2.6%). This results in an estimated gross rental yield of 8.8%.
Energy Efficiency
88, Palmerston Road, Chatham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Feb 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 88, Palmerston Road, Chatham completed on 9th May 2006 at £125,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
- Sold May 2006£125,000
- Sold Jul 1999£35,000
- Sold May 1996£15,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 88, Palmerston Road, Chatham have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th September 2018, was 88A, Palmerston Road, Chatham, ME4 5SL, a leasehold flat which sold for £87,500.
Read more about house prices in ME4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 232 addresses on Palmerston Road, Chatham, ME4, 88, Palmerston Road, Chatham comes out as the 219th largest and the 200th most expensive in our analysis of the public data.
It is also £141k less expensive than the average property across the ME4 district.
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Schools Nearby
- 200mPhoenix Primary School
- 400mGreenvale Primary School
- 600mSt Michael Catholic Primary and Nursery School
- 700mThe Victory Academy
- 700mSt John Fisher Catholic Comprehensive School
- 900mHolcombe Grammar School
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Public Transport Nearby
From 88, Palmerston Road, Chatham, the nearest station is Chatham, 800 metres away.
- 800mChatham
- 1.7kmRochester
- 2.3kmGillingham (Kent)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
