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According to the public record, Flat 2, 5A, Upper Luton Road, Chatham is a modern leasehold apartment with 355 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 5A, Upper Luton Road, Chatham is £141,414 and the estimated rental value is £629 per month.
The apartment is within 5A, Upper Luton Road, Chatham, ME5.
Upper Luton Road, Chatham, ME5 is located within the ME5 postal district.
Flat 2, 5A, Upper Luton Road, Chatham has 2 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated August 2020.
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.
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 2, 5A, Upper Luton Road, Chatham is in very good condition we estimate a sale value of £148,484 and a rental value of £660 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £131,515 and a rental value of £585 per month.
Over the last 12 months the sale value of Flat 2 5A Upper Luton Road Chatham has decreased by an estimated £1,644 (1.2%) and its rental value has increased by an estimated £15 per month (2.4%), giving an expected gross yield of 5.3%.
Flat 2, 5A, Upper Luton Road, Chatham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Aug 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 2, 5A, Upper Luton Road, Chatham was last sold on 24th October 2022 for £163,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2022, the market for similar properties has risen 11.7%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 2, 5A, Upper Luton Road, Chatham within a radius of 360 metres over the last 2 years.
The most recent example is 64A, Albany Road, Chatham, ME4 5DN, a leasehold flat which sold for £164,900 on the 29th July 2016.
Read more about house prices in ME5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Upper Luton Road, Chatham, ME5 has a total of 198 addresses. According to our analysis of all the public data, Flat 2, 5A, Upper Luton Road, Chatham is the 197th largest and the 192nd most expensive property on the street.
When compared to the postcode district it is £175k less expensive than the average property in ME5.
The closest station to Flat 2, 5A, Upper Luton Road, Chatham is Gillingham (Kent) station which is 1.5 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 5A, Upper Luton Road, Chatham, 46.8% of property is privately rented and 25.5% 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 2, 5A, Upper Luton Road, Chatham, 23.5% of residents are recorded as possessing school level qualifications and 24.8% 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 2, 5A, Upper 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 Flat 2, 5A, Upper 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 Flat 2, 5A, Upper Luton Road, Chatham, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
