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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, 37B, The Mall, Faversham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 435 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 37B, The Mall, Faversham is £158,258 and the estimated rental value is £823 per month.
The apartment is within 37, The Mall, Faversham, ME13.
The Mall, Faversham, ME13 is located in the borough of Swale within the ME13 postal district.
37B, The Mall, Faversham has 41 entries in the Land Registry , most recently in January 2016 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 37B, The Mall, Faversham is in very good condition we estimate a sale value of £166,171 and a rental value of £864 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £147,180 and a rental value of £765 per month.
Over the last 12 months the sale value of 37B The Mall Faversham has decreased by an estimated £872 (0.6%) and its rental value has increased by an estimated £19 per month (2.4%), giving an expected gross yield of 6.2%.
According to HM Land Registry, 37B, The Mall, Faversham was last sold on 25th January 2016 for £110,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since January 2016, the market for similar properties has risen 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37B, The Mall, Faversham within a radius of 540 metres over the last 2 years.
The most recent example is 2, Preston Place 23A, Preston Street, Faversham, ME13 8NZ, a leasehold flat which sold for £162,000 on the 9th October 2023.
Read more about house prices in ME13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Mall, Faversham, ME13 has a total of 69 addresses. According to our analysis of all the public data, 37B, The Mall, Faversham is the 65th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £210k less expensive than the average property in ME13.
The closest station to 37B, The Mall, Faversham is Faversham station which is 300 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 37B, The Mall, Faversham, 43.8% of property is privately owned with a mortgage and 40.6% 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 37B, The Mall, Faversham, 21.1% of residents are recorded as possessing school level qualifications and 47.3% 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 37B, The Mall, 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 37B, The Mall, Faversham, 0.9% 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 37B, The Mall, Faversham, 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.
