7 Melbourne Road

    7, MELBOURNE ROAD, CHATHAM, ME4 5PD

    This terraced freehold property on Melbourne Road last sold in May 2019 for £175,000. Based on price growth in the ME4 district since then, its estimated current value is £221,429 — placing it in the 30th percentile nationally and the 37th percentile within ME4. The property covers 88 m² (947 sq ft), giving an estimated value of £2,516 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £175,000

    May 2019

    Estimated Valuation

    £221,429

    Est. £/sq ft

    £234/sq ft

    £2,516/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area947 sq ft (88 m²)
    EPC dateAug 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 May 2019

    £175,000

    12 Dec 2013

    £125,000

    17 Oct 2005

    £115,750

    21 Oct 2003

    £98,995

    30 Jan 1998

    £41,000

    Key Metrics

    Estimated valuation£221,429
    Value per sq ft / m²£234/sq ft (£2,516/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    ME4 district percentile37th percentile
    National percentile30th percentile

    District Context — ME4

    ME4 covers parts of north-west Kent, including areas around Sittingbourne and the Isle of Sheppey. The district offers a mix of suburban and coastal communities with a family-oriented character.

    Average Property Price - ME4

    £276,880

    35

    National percentile

    Average Net Household Income - ME4

    £37,505

    47

    National percentile

    10-Year Annualised Price Growth - ME4

    4.4%

    77

    National percentile

    10-Year Annualised Rent Growth - ME

    4.8%

    89

    National percentile

    View full analysis for ME4

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