1 Tramway Drive

    1, TRAMWAY DRIVE, FAVERSHAM, ME13 7XE

    This semi-detached freehold property on Tramway Drive last sold in March 2023 for £345,000. Based on price growth in the ME13 district since then, its estimated current value is £360,038 — placing it in the 61st percentile nationally and the 54th percentile within ME13. The property covers 72 m² (775 sq ft), giving an estimated value of £5,001 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £345,000

    Mar 2023

    Estimated Valuation

    £360,038

    Est. £/sq ft

    £465/sq ft

    £5,001/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction age2021
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area775 sq ft (72 m²)
    EPC dateMar 2023
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2023

    New build

    £345,000

    Key Metrics

    Estimated valuation£360,038
    Value per sq ft / m²£465/sq ft (£5,001/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    ME13 district percentile54th percentile
    National percentile61st 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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