2 Richmond Close

    2, RICHMOND CLOSE, CHATHAM, ME5 8YH

    This terraced freehold property on Richmond Close last sold in June 2020 for £250,000. Based on price growth in the ME5 district since then, its estimated current value is £304,339 — placing it in the 50th percentile nationally and the 47th percentile within ME5. The property covers 89 m² (958 sq ft), giving an estimated value of £3,420 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £250,000

    Jun 2020

    Estimated Valuation

    £304,339

    Est. £/sq ft

    £318/sq ft

    £3,420/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area958 sq ft (89 m²)
    EPC dateJan 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Jun 2020

    £250,000

    Key Metrics

    Estimated valuation£304,339
    Value per sq ft / m²£318/sq ft (£3,420/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    ME5 district percentile47th percentile
    National percentile50th 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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