Flat 1, 16
Flat 1, 16
Description & Estimates
According to the public record, Flat 1, 16, New Road, Chatham is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 16, New Road, Chatham is £176,516 and the estimated rental value is £1,114 per month.
The apartment is within 16, New Road, Chatham, ME4.
New Road, Chatham, ME4 is located within the ME4 postal district.
Our Data Sources
Flat 1, 16, New Road, Chatham has a single entry in the Land Registry from September 2017 and a single entry in the EPC database dated October 2016.
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 Flat 1, 16, New Road, Chatham is in very good condition we estimate a sale value of £185,341 and a rental value of £1,170 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,160 and a rental value of £1,036 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, 16, New Road, Chatham has moved up by £315 (0.2%), while its estimated rental value has increased by £28 per month (2.5%). Based on current estimates, the property offers a gross rental yield of 7.6%.
Energy Efficiency
Flat 1, 16, New Road, Chatham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Oct 2016.
The property is not 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, Flat 1, 16, New Road, Chatham was last sold on 8th September 2017 for £161,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2017, the market for similar properties has risen by 22.6%.
- Sold Sep 2017£161,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 16, New Road, Chatham within a radius of 450 metres over the last 2 years.
The most recent example is Flat 6, 1, Old Road, Chatham, ME4 6BJ, a leasehold flat which sold for £175,000 on the 29th September 2023.
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, Flat 1, 16, New Road, Chatham is the 143rd largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £88k 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 Flat 1, 16, 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.
