242 Luton Road, Chatham, ME4 5BS is a leasehold flat built between 1983-1990. The property offers approximately 484 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £117,153 , which equates to approximately £242 per square foot. It was last sold on 17 Jan 2025 for £114,000. Since then, the value has increased by £3,153, representing a 2.8% increase, or approximately 3.1% per year.

The current estimated value of £117,153 is:

  • 38.2% lower than the average property price on Luton Road
  • 39.3% lower than the average in the ME4 5BS postcode area
  • and 66.0% lower than the average price for Chatham as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 24 June 2024, the property was recorded as owner-occupied.

View sold house prices in ME4 5BS

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£117,153
Price Per sq ft (estimate)
£242
Bedroom Count (estimate)
1 bedroom

EPC Summary

242 Luton Road, Chatham, Medway, Kent, ME4 5BS has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Jun 2024.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 22 May 2014, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 31%.

Since the previous assessment, several changes were observed:

  • The heating system changed from warm air, mains gas to boiler and radiators, mains gas, with no change in energy efficiency (good).
  • The hot water system was changed from electric immersion, standard tariff to from main system, with its energy efficiency improving from very poor to good.
  • The roof construction or insulation changed from pitched, 75mm loft insulation to pitched, 200 mm loft insulation, improving energy efficiency from average to good.
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from average to good.
  • The lighting was changed from low energy lighting in 80% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to ME4 5BS

15 th / 17
Price Rank
39% lower than average
10 th / 11
Size Rank
40% smaller than average
4 th / 11
Price Per Sq FT Rank
1% higher than average

Compared to other properties in ME4 5BS , this flat's estimated value ranks 15th out of 17. Based on price per square foot, it ranks 4th out of 11 properties. In terms of size, this home ranks 10th out of 11 properties in its postcode area.

Sale History

Today
£117,153
streetscan.co.uk estimate
+3 %
17 Jan 2025
£114,000
Leasehold
+42.5 %
25 Jul 2014
£79,995
Leasehold

Area Insights

Similar Properties Sold Nearby

206B Luton Road, Chatham, ME4 5BS
rooms: 3
size: 474 sq ft
sale price: £100,000
sale date: 4 Aug 2006

Data Sources

The property at 242 Luton Road, Chatham, ME4 5BS appears two times in the Land Registry records, with the latest transaction recorded on 17 Jan 2025. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Jun 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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