16 Timber Bank

    16, TIMBER BANK, CHATHAM, ME5 0LF

    This terraced leasehold property on Timber Bank last sold in February 2024 for £148,500. Based on price growth in the ME5 district since then, its estimated current value is £152,263 — placing it in the 13th percentile nationally and the 4th percentile within ME5. The property covers 43 m² (463 sq ft), giving an estimated value of £3,541 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    463 sq ft

    43 m²

    Last Sale Price

    £148,500

    Feb 2024

    Estimated Valuation

    £152,263

    Est. £/sq ft

    £329/sq ft

    £3,541/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area463 sq ft (43 m²)
    EPC dateJan 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    29 Feb 2024

    £148,500

    2 Jun 1998

    £35,000

    Key Metrics

    Estimated valuation£152,263
    Value per sq ft / m²£329/sq ft (£3,541/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    ME5 district percentile4th percentile
    National percentile13th 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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