8 Fernbank Close

    8, FERNBANK CLOSE, CHATHAM, ME5 9NH

    This detached freehold property on Fernbank Close last sold in December 2020 for £425,000. Based on price growth in the ME5 district since then, its estimated current value is £483,234 — placing it in the 77th percentile nationally and the 91st percentile within ME5. The property covers 121 m² (1,302 sq ft), giving an estimated value of £3,994 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,302 sq ft

    121 m²

    Last Sale Price

    £425,000

    Dec 2020

    Estimated Valuation

    £483,234

    Est. £/sq ft

    £371/sq ft

    £3,994/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,302 sq ft (121 m²)
    EPC dateJan 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Dec 2020

    £425,000

    31 Aug 1995

    £119,000

    Key Metrics

    Estimated valuation£483,234
    Value per sq ft / m²£371/sq ft (£3,994/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    ME5 district percentile91st percentile
    National percentile77th 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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