55 Mill Lane

    55, MILL LANE, CHATHAM, ME5 0BA

    This terraced freehold property on Mill Lane last sold in October 2024 for £285,000. Based on price growth in the ME5 district since then, its estimated current value is £292,222 — placing it in the 47th percentile nationally and the 42nd percentile within ME5. The property covers 74 m² (797 sq ft), giving an estimated value of £3,949 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    797 sq ft

    74 m²

    Last Sale Price

    £285,000

    Oct 2024

    Estimated Valuation

    £292,222

    Est. £/sq ft

    £367/sq ft

    £3,949/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area797 sq ft (74 m²)
    EPC dateMar 2024
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Oct 2024

    £285,000

    24 May 2000

    £68,000

    Key Metrics

    Estimated valuation£292,222
    Value per sq ft / m²£367/sq ft (£3,949/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    ME5 district percentile42nd percentile
    National percentile47th percentile

    District Context — ME5

    ME5 covers parts of the Medway Towns area in Kent, situated in the south-east of England. It is a mixed residential district with a blend of suburban neighbourhoods and established communities.

    Average Property Price - ME5

    £327,490

    51

    National percentile

    Average Net Household Income - ME5

    £40,234

    59

    National percentile

    10-Year Annualised Price Growth - ME5

    4.7%

    83

    National percentile

    10-Year Annualised Rent Growth - ME

    4.8%

    89

    National percentile

    View full analysis for ME5

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