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According to the public record, Flat 7, Beacon House 56, Chatham is a modern leasehold apartment with 785 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 7, Beacon House 56, Chatham is £163,265 and the estimated rental value is £915 per month.
The apartment is within Beacon House, Beacon Road, Chatham, ME5.
Beacon Road, Chatham, ME5 is located within the ME5 postal district.
Flat 7, Beacon House 56, Chatham has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated February 2023.
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 7, Beacon House 56, Chatham is in very good condition we estimate a sale value of £171,428 and a rental value of £961 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £151,837 and a rental value of £851 per month.
Over the past 12 months, the estimated sale value of Flat 7, Beacon House 56, Chatham has moved down by £780 (0.5%), while its estimated rental value has increased by £19 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 6.7%.
Flat 7, Beacon House 56, Chatham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Feb 2023.
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 7, Beacon House 56, Chatham was last sold on 7th July 2023 for £225,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2023, the market for similar properties has risen by 3.1%.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 7, Beacon House 56, Chatham within a radius of 390 metres over the last 2 years.
The most recent example is 238, Luton Road, Chatham, ME4 5BS, a leasehold flat which sold for £120,000 on the 30th January 2015.
Read more about house prices in ME5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beacon Road, Chatham, ME5 has a total of 254 addresses. According to our analysis of all the public data, Flat 7, Beacon House 56, Chatham is the 164th largest and the 201st most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in ME5.
The closest station to Flat 7, Beacon House 56, Chatham is Gillingham (Kent) station, which is 1.5 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 7, Beacon House 56, Chatham, 37.8% of property is privately owned with a mortgage and 33.9% is privately rented.
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 7, Beacon House 56, Chatham, 19.6% of residents are recorded as possessing school level qualifications and 20.5% 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 7, Beacon House 56, 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 7, Beacon House 56, 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 7, Beacon House 56, Chatham, 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.
