Flat 1, 25
Flat 1, 25
Description & Estimates
The public record describes Flat 1, 25, Institute Road, Chatham as a period apartment with 398 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a garden.
Flat 1, 25, Institute Road, Chatham has an estimated sale value of £131,651 and an estimated rental value of £945 per month, assuming reasonable condition and based on the information available.
The apartment sits within 25, Institute Road, Chatham, ME4.
Institute Road, Chatham, ME4 lies within the ME4 postal district.
Our Data Sources
Flat 1, 25, Institute Road, Chatham has no records in the the Land Registry and a single entry in the EPC database dated March 2021.
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.
Price Range & Condition
In very good condition, we estimate Flat 1, 25, Institute Road, Chatham would be worth £138,233, with a potential rental value of £992 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £122,435, with a rental value of £878 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, 25, Institute Road, Chatham has decreased by £103 (0.1%) over the last year. During the same period, its estimated monthly rental value has grown by £21 (2.2%). The property's estimated gross yield is currently 8.6%.
Energy Efficiency
Flat 1, 25, Institute Road, Chatham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Mar 2021.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 450 metres of Flat 1, 25, Institute Road, Chatham across the last 2 years.
Most recently, Flat 2, 8, Institute Road, Chatham, ME4 4PF, a leasehold flat, sold at £140,000 on the 10th February 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
Our analysis of the public data ranks Flat 1, 25, Institute Road, Chatham as the 52nd largest and the 44th most expensive of the 53 addresses on Institute Road, Chatham, ME4.
Against the ME4 postcode district average, it is £133k less expensive than the typical property.
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Schools Nearby
- 200mNew Road Primary School
- 300mAll Saints Church of England Primary School
- 600mBrompton-Westbrook Primary School
- 500mBrompton Academy
- 1.2kmSt John Fisher Catholic Comprehensive School
- 1.2kmThe Victory Academy
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Public Transport Nearby
Chatham station is the nearest stop to Flat 1, 25, Institute Road, Chatham at 900 metres away.
- 900mChatham
- 1.4kmGillingham (Kent)
- 1.8kmRochester
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
