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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
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According to the public record, 118B, Ospringe Road, Faversham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 674 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 118B, Ospringe Road, Faversham is £197,054 and the estimated rental value is £990 per month.
The apartment is within 118, Ospringe Road, Faversham, ME13.
Ospringe Road, Faversham, ME13 is located in the borough of Swale within the ME13 postal district.
118B, Ospringe Road, Faversham has 3 entries in the Land Registry , most recently in October 2018 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 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 118B, Ospringe Road, Faversham is in very good condition we estimate a sale value of £206,907 and a rental value of £1,040 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £183,260 and a rental value of £921 per month.
Over the last 12 months the sale value of 118B Ospringe Road Faversham has decreased by an estimated £4,478 (2.3%) and its rental value has increased by an estimated £10 per month (1.0%), giving an expected gross yield of 6%.
According to HM Land Registry, 118B, Ospringe Road, Faversham was last sold on 12th October 2018 for £195,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2018, the market for similar properties has risen 7.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 118B, Ospringe Road, Faversham within a radius of 580 metres over the last 2 years.
The most recent example is 5, The Mount, Faversham, ME13 8TH, a leasehold flat which sold for £188,500 on the 27th July 2018.
Read more about house prices in ME13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ospringe Road, Faversham, ME13 has a total of 129 addresses. According to our analysis of all the public data, 118B, Ospringe Road, Faversham is the 104th largest and the 129th most expensive property on the street.
When compared to the postcode district it is £171k less expensive than the average property in ME13.
The closest station to 118B, Ospringe Road, Faversham is Faversham station which is 900 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 118B, Ospringe Road, Faversham, 48.8% of property is privately owned with a mortgage and 35.4% is privately owned outright.
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 118B, Ospringe Road, Faversham, 18.1% of residents are recorded as possessing school level qualifications and 47.2% 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 118B, Ospringe Road, Faversham, the average age was 42.1 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 118B, Ospringe Road, Faversham, 0.7% 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 118B, Ospringe Road, Faversham, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
