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According to the public record, Flat 3, 29A, The Mall, Faversham is a modern apartment with 441 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 3, 29A, The Mall, Faversham is £169,298 and the estimated rental value is £855 per month.
The apartment is within 29A, The Mall, Faversham, ME13.
The Mall, Faversham, ME13 is located in the borough of Swale within the ME13 postal district.
Flat 3, 29A, The Mall, Faversham has no records in the the Land Registry and a single entry in the EPC database dated November 2023.
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.
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 3, 29A, The Mall, Faversham is in very good condition we estimate a sale value of £177,763 and a rental value of £897 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £157,447 and a rental value of £795 per month.
Over the last 12 months the sale value of Flat 3 29A The Mall Faversham has decreased by an estimated £3,847 (2.3%) and its rental value has increased by an estimated £9 per month (1.0%), giving an expected gross yield of 6.1%.
Flat 3, 29A, The Mall, Faversham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Nov 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 29A, The Mall, Faversham within a radius of 530 metres over the last 2 years.
The most recent example is 2, Preston Place 23A, Preston Street, Faversham, ME13 8NZ, a leasehold flat which sold for £162,000 on the 9th October 2023.
Read more about house prices in ME13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Mall, Faversham, ME13 has a total of 69 addresses. According to our analysis of all the public data, Flat 3, 29A, The Mall, Faversham is the 61st largest and the 64th most expensive property on the street.
When compared to the postcode district it is £199k less expensive than the average property in ME13.
The closest station to Flat 3, 29A, The Mall, Faversham is Faversham station which is 200 metres 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 3, 29A, The Mall, Faversham, 39.3% of property is privately owned outright and 30.4% 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 Flat 3, 29A, The Mall, Faversham, 12.7% of residents are recorded as possessing school level qualifications and 49.4% 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 3, 29A, The Mall, Faversham, the average age was 42.8 and the most common age was 57.
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 3, 29A, The Mall, Faversham, 1.4% 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 3, 29A, The Mall, Faversham, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.