Flat 2 Spembly Works, 13 New Road Avenue

    FLAT 2 SPEMBLY WORKS, 13, NEW ROAD AVENUE, CHATHAM, CHATHAM, ME4 6AZ

    This flat/maisonette leasehold property on New Road Avenue last sold in May 2004 for £80,000. Based on price growth in the ME4 district since then, its estimated current value is £116,531 — placing it in the 6th percentile nationally and the 5th percentile within ME4. The property covers 49 m² (527 sq ft), giving an estimated value of £2,378 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    527 sq ft

    49 m²

    Last Sale Price

    £80,000

    May 2004

    Estimated Valuation

    £116,531

    Est. £/sq ft

    £221/sq ft

    £2,378/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area527 sq ft (49 m²)
    EPC dateMay 2019
    WallsSystem built, as built, no insulation (assumed)
    HeatingAir source heat pump, warm air, electric

    Transaction History

    13 May 2004

    New build

    £80,000

    Key Metrics

    Estimated valuation£116,531
    Value per sq ft / m²£221/sq ft (£2,378/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    ME4 district percentile5th percentile
    National percentile6th 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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