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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
257C, Luton Road, Chatham is described in the public record as a period apartment with 473 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 257C, Luton Road, Chatham is £192,511 and its rental estimate is £1,123 per month, given the available information and assuming reasonable condition.
257, Luton Road is a residential building on Luton Road, Chatham, ME4 and falls within the ME4 postal district.
257C, Luton Road, Chatham has no records in the the Land Registry and a single entry in the EPC database dated November 2018.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 257C, Luton Road, Chatham, we estimate a market value of £202,137 and a rental value of £1,179 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £179,035 and £1,044 per month respectively.
Over the last year, 257C, Luton Road, Chatham has seen its estimated sale value decline by £182 (0.1%) and its estimated rental value climb by £25 per month (2.2%). This results in an estimated gross rental yield of 7.0%.
257C, Luton Road, Chatham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Nov 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 257C, Luton Road, Chatham have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th September 2022, was 195, Constitution Road, Chatham, ME5 7DJ, a leasehold flat which sold for £195,000.
Read more about house prices in ME4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 497 addresses on Luton Road, Chatham, ME4, 257C, Luton Road, Chatham comes out as the 400th largest and the 242nd most expensive in our analysis of the public data.
It is also £72k less expensive than the average property across the ME4 district.
From 257C, Luton Road, Chatham, the nearest station is Chatham, 1.6 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 257C, Luton Road, Chatham, 43.0% of property is privately rented and 24.4% 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 257C, Luton Road, Chatham, 25.9% of residents are recorded as possessing school level qualifications and 26.7% 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 257C, Luton Road, Chatham, the average age was 35.1 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 257C, Luton Road, Chatham, 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 257C, Luton Road, Chatham, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
