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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 116A, Marine Parade, Sheerness is £102,835 and the estimated rental value is £717 per month.
The apartment is within 116, Marine Parade, Sheerness, ME12.
Marine Parade, Sheerness, ME12 is located in the borough of Swale within the ME12 postal district.
116A, Marine Parade, Sheerness has no records in the the Land Registry and a single entry in the EPC database dated March 2023.
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.
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 116A, Marine Parade, Sheerness is in very good condition we estimate a sale value of £107,977 and a rental value of £753 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £95,636 and a rental value of £667 per month.
Over the last 12 months the sale value of 116A Marine Parade Sheerness has decreased by an estimated £1,146 (1.1%) and its rental value has increased by an estimated £17 per month (2.3%), giving an expected gross yield of 8.4%.
116A, Marine Parade, Sheerness has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Mar 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 116A, Marine Parade, Sheerness within a radius of 800 metres over the last 2 years.
The most recent example is Flat 3, 5, Fonblanque Road, Sheerness, ME12 2NY, a leasehold flat which sold for £75,000 on the 11th February 2022.
Read more about house prices in ME12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marine Parade, Sheerness, ME12 has a total of 186 addresses. According to our analysis of all the public data, 116A, Marine Parade, Sheerness is the 175th largest and the 182nd most expensive property on the street.
When compared to the postcode district it is £170k less expensive than the average property in ME12.
The closest station to 116A, Marine Parade, Sheerness is Sheerness-on-Sea station which is 1.3 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 116A, Marine Parade, Sheerness, 40.2% of property is privately owned outright and 25.1% is privately owned with a mortgage.
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 116A, Marine Parade, Sheerness, 22.3% of residents are recorded as possessing school level qualifications and 21.4% 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 116A, Marine Parade, Sheerness, the average age was 34.1 and the most common age was 2.
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 116A, Marine Parade, Sheerness, 0.4% 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 116A, Marine Parade, Sheerness, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.