2 Springate Close

    2, SPRINGATE CLOSE, WALDERSLADE, CHATHAM, ME5 9RY

    This detached freehold property on Springate Close last sold in September 2023 for £500,000. Based on price growth in the ME5 district since then, its estimated current value is £468,621 — placing it in the 76th percentile nationally and the 89th percentile within ME5. The property covers 134 m² (1,442 sq ft), giving an estimated value of £3,497 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,442 sq ft

    134 m²

    Last Sale Price

    £500,000

    Sept 2023

    Estimated Valuation

    £468,621

    Est. £/sq ft

    £325/sq ft

    £3,497/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2021
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area1,442 sq ft (134 m²)
    EPC dateMay 2023
    WallsAverage thermal transmittance 0.20 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Sept 2023

    New build

    £500,000

    Key Metrics

    Estimated valuation£468,621
    Value per sq ft / m²£325/sq ft (£3,497/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    ME5 district percentile89th percentile
    National percentile76th 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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