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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
According to the public record, Flat 12, 1, Old Road, Chatham is a modern leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 12, 1, Old Road, Chatham is £209,649 and the estimated rental value is £1,194 per month.
The apartment is within 1, Old Road, Chatham, ME4.
Old Road, Chatham, ME4 is located within the ME4 postal district.
Flat 12, 1, Old Road, Chatham has a single entry in the Land Registry from May 2021 and a single entry in the EPC database dated March 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 12, 1, Old Road, Chatham is in very good condition we estimate a sale value of £220,132 and a rental value of £1,253 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,974 and a rental value of £1,110 per month.
Over the last 12 months the sale value of Flat 12 1 Old Road Chatham has decreased by an estimated £4,536 (2.2%) and its rental value has increased by an estimated £5 per month (0.4%), giving an expected gross yield of 6.8%.
Flat 12, 1, Old Road, Chatham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Mar 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 12, 1, Old Road, Chatham was last sold on 25th May 2021 for £229,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has risen 17.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, 1, Old Road, Chatham within a radius of 430 metres over the last 2 years.
The most recent example is Flat 11, 1, Old Road, Chatham, ME4 6BJ, a leasehold flat which sold for £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.
Old Road, Chatham, ME4 has a total of 54 addresses. According to our analysis of all the public data, Flat 12, 1, Old Road, Chatham is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in ME4.
The closest station to Flat 12, 1, Old Road, Chatham is Chatham station which is 100 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 12, 1, Old 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 Flat 12, 1, Old 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 Flat 12, 1, Old 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 Flat 12, 1, Old 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 Flat 12, 1, Old 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.
