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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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The public record describes 5B, Richmond Street, Sheerness as a period apartment with 344 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a garden.
5B, Richmond Street, Sheerness has an estimated sale value of £77,346 and an estimated rental value of £540 per month, assuming reasonable condition and based on the information available.
The apartment sits within 5, Richmond Street, Sheerness, ME12.
Richmond Street, Sheerness, ME12 lies in the borough of Swale, within the ME12 postal district.
5B, Richmond Street, Sheerness has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 5B, Richmond Street, Sheerness would be worth £81,213, with a potential rental value of £567 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £71,932, with a rental value of £502 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 5B, Richmond Street, Sheerness has moved down by £1,168 (1.5%) over the last year. During the same period, its estimated monthly rental value has increased by £11 (2.0%). The property's estimated gross yield is currently 8.4%.
5B, Richmond Street, Sheerness has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Oct 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
5B, Richmond Street, Sheerness last changed hands on 21st December 2006, selling for £65,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 480 metres of 5B, Richmond Street, Sheerness across the last 2 years.
Most recently, Flat 3, Alexandra Mews, Alexandra Road, Sheerness, ME12 2AS, a leasehold flat, sold at £77,000 on the 24th August 2023.
Read more about house prices in ME12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 5B, Richmond Street, Sheerness as the 75th largest and the 77th most expensive of the 81 addresses on Richmond Street, Sheerness, ME12.
Against the ME12 postcode district average, it is £196k less expensive than the typical property.
Sheerness-on-Sea station is the nearest stop to 5B, Richmond Street, Sheerness at 1.1 kilometres 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 low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 5B, Richmond Street, Sheerness, 56.3% of property is privately rented and 16.8% 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 5B, Richmond Street, Sheerness, 19.3% of residents are recorded as possessing school level qualifications and 18.6% 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 5B, Richmond Street, Sheerness, the average age was 34.1 and the most common age was 2.
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 5B, Richmond Street, Sheerness, 0.0% 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 5B, Richmond Street, Sheerness, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
