2 Cherrywood

    2, CHERRYWOOD, HERNHILL, FAVERSHAM, ME13 9HX

    This detached freehold property on Cherrywood last sold in June 2022 for £640,000. Based on price growth in the ME13 district since then, its estimated current value is £683,258 — placing it in the 90th percentile nationally and the 93rd percentile within ME13. The property covers 166 m² (1,787 sq ft), giving an estimated value of £4,116 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,787 sq ft

    166 m²

    Last Sale Price

    £640,000

    Jun 2022

    Estimated Valuation

    £683,258

    Est. £/sq ft

    £382/sq ft

    £4,116/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2020
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialA
    Floor area1,787 sq ft (166 m²)
    EPC dateNov 2020
    WallsAverage thermal transmittance 0.12 W/m²K
    HeatingAir source heat pump, radiators, electric

    Transaction History

    21 Jun 2022

    £640,000

    29 Jun 2021

    New build

    £625,000

    Key Metrics

    Estimated valuation£683,258
    Value per sq ft / m²£382/sq ft (£4,116/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    ME13 district percentile93rd percentile
    National percentile90th percentile

    District Context — ME13

    ME13 covers the Faversham area and surrounding parishes in north Kent, situated between Canterbury and the Isle of Sheppey. It is a mixed residential district with established communities and a blend of rural and semi-urban character.

    Average Property Price - ME13

    £384,358

    64

    National percentile

    Average Net Household Income - ME13

    £43,003

    69

    National percentile

    10-Year Annualised Price Growth - ME13

    4.1%

    68

    National percentile

    10-Year Annualised Rent Growth - ME

    4.8%

    89

    National percentile

    View full analysis for ME13

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