18B, New Road
18B, New Road
Description & Estimates
According to the public record, 18B, New Road, Chatham is a period leasehold apartment with 990 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 18B, New Road, Chatham is £241,494 and the estimated rental value is £1,352 per month.
The apartment is within 18, New Road, Chatham, ME4.
New Road, Chatham, ME4 is located within the ME4 postal district.
Our Data Sources
18B, New Road, Chatham has a single entry in the Land Registry from January 2020 and a single entry in the EPC database dated February 2019.
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
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 18B, New Road, Chatham is in very good condition we estimate a sale value of £253,568 and a rental value of £1,420 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,589 and a rental value of £1,258 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 18B, New Road, Chatham has declined by £1,977 (0.8%), while its estimated rental value has climbed by £24 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 6.7%.
Energy Efficiency
18B, New Road, Chatham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Feb 2019.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 18B, New Road, Chatham was last sold on 8th January 2020 for £165,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2020, the market for similar properties has dropped by 5.4%.
- Sold Jan 2020£165,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18B, New Road, Chatham within a radius of 450 metres over the last 2 years.
The most recent example is 18A, New Road, Chatham, ME4 4QR, a leasehold flat which sold for £240,000 on the 29th November 2021.
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
New Road, Chatham, ME4 has a total of 222 addresses. According to our analysis of all the public data, 18B, New Road, Chatham is the 26th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £23k less expensive than the average property in ME4.
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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
The closest station to 18B, New Road, Chatham is Chatham station, which is 200 metres away.
- 200mChatham
- 1.1kmRochester
- 2.0kmGillingham (Kent)
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
