24A, New Road
24A, New Road
Description & Estimates
24A, New Road, Chatham is recorded publicly as a period leasehold apartment across 710 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 24A, New Road, Chatham is £204,282 and its rental estimate is £1,200 per month, given the available information and assuming reasonable condition.
24, New Road is a residential building on New Road, Chatham, ME4 and falls within the ME4 postal district.
Our Data Sources
24A, New Road, Chatham has a single entry in the Land Registry from December 2012 and a single entry in the EPC database dated June 2023.
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
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 24A, New Road, Chatham, we estimate a market value of £214,496 and a rental value of £1,260 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £189,982 and £1,116 per month respectively.
Recent Market Change
Over the last year, 24A, New Road, Chatham has seen its estimated sale value grow by £364 (0.2%) and its estimated rental value climb by £30 per month (2.5%). This results in an estimated gross rental yield of 7.1%.
Energy Efficiency
24A, New Road, Chatham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jun 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 24A, New Road, Chatham completed on 13th December 2012 at £124,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 83.7% over the period since December 2012.
- Sold Dec 2012£124,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24A, New Road, Chatham have sold within a radius of 450 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd July 2024, was Flat 11, 1, Old Road, Chatham, ME4 6BJ, a leasehold flat which sold for £230,000.
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 222 addresses on New Road, Chatham, ME4, 24A, New Road, Chatham comes out as the 50th largest and the 39th most expensive in our analysis of the public data.
It is also £60k less expensive than the average property across the ME4 district.
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Schools Nearby
- 300mSt Michael Catholic Primary and Nursery School
- 400mSt John's Church of England Infant School
- 500mNew Road Primary School
- 600mSt John Fisher Catholic Comprehensive School
- 700mFort Pitt Grammar School
- 1.1kmBrompton Academy
More reading links
Public Transport Nearby
From 24A, New Road, Chatham, the nearest station is Chatham, 200 metres away.
- 200mChatham
- 1.1kmRochester
- 2.0kmGillingham (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.
