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The public record describes 48B, New Road, Chatham as a modern apartment with 678 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
48B, New Road, Chatham has an estimated sale value of £199,944 and an estimated rental value of £1,189 per month, assuming reasonable condition and based on the information available.
The apartment sits within 48, New Road, Chatham, ME4.
New Road, Chatham, ME4 lies within the ME4 postal district.
48B, New Road, Chatham has no records in the the Land Registry and a single entry in the EPC database dated November 2014.
We combine this information with public data 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.
In very good condition, we estimate 48B, New Road, Chatham would be worth £209,941, with a potential rental value of £1,249 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £185,948, with a rental value of £1,106 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 48B, New Road, Chatham has grown by £357 (0.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £29 (2.5%). The property's estimated gross yield is currently 7.1%.
48B, New Road, Chatham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Nov 2014.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 460 metres of 48B, New Road, Chatham across the last 2 years.
Most recently, Flat 11, 1, Old Road, Chatham, ME4 6BJ, a leasehold flat, sold at £230,000 on the 23rd July 2024.
Read more about house prices in ME4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 48B, New Road, Chatham as the 55th largest and the 41st most expensive of the 222 addresses on New Road, Chatham, ME4.
Against the ME4 postcode district average, it is £64k less expensive than the typical property.
Chatham station is the nearest stop to 48B, New Road, Chatham at 200 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 48B, New Road, Chatham, 44.6% of property is privately rented and 22.3% 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 48B, New Road, Chatham, 20.1% of residents are recorded as possessing school level qualifications and 39.6% 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 48B, New Road, Chatham, the average age was 34.4 and the most common age was 32.
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 48B, New Road, Chatham, 0.6% 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 48B, New Road, Chatham, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.