3 River Bank Close, Maidstone, ME15 7SE is a leasehold flat built between 1996-2002. The property offers approximately 570 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £254,302 , which equates to approximately £446 per square foot. It was last sold on 20 Sep 2002 for £125,000. Since then, the value has increased by £129,302, representing a 103.4% increase, or approximately 4.5% per year.

The current estimated value of £254,302 is:

  • 8.2% higher than the average property price on River Bank Close
  • 29.0% higher than the average in the ME15 7SE postcode area
  • and 27.7% lower than the average price for Maidstone as a whole

At the most recent EPC inspection on 19 February 2021, the property was recorded as rented.

View sold house prices in ME15 7SE

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
570 sq ft
Tenure
Leasehold
Price (estimate)
£254,302
Price Per sq ft (estimate)
£446
Bedroom Count (estimate)
1 bedroom

EPC Summary

3 River Bank Close, Maidstone, Kent, ME15 7SE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 19 Feb 2021.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 26 Feb 2010. The rating of C remains the same, but the energy efficiency score improved by 7.1%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to ME15 7SE

26 th / 32
Price Rank
29% higher than average
23 rd / 30
Size Rank
5% smaller than average
21 st / 30
Price Per Sq FT Rank
36% higher than average

Compared to other properties in ME15 7SE , this flat's estimated value ranks 26th out of 32. Based on price per square foot, it ranks 21th out of 30 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 23th out of 30 properties in its postcode area.

Sale History

Today
£254,302
streetscan.co.uk estimate
+103 %
20 Sep 2002
£125,000
Leasehold
+81.2 %
5 Feb 1999
£69,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 570 sq ft
sale price: £196,000
sale date: 6 Mar 2023
rooms: 3
size: 613 sq ft
sale price: £150,000
sale date: 24 Jan 2023
rooms: 3
size: 506 sq ft
sale price: £173,000
sale date: 11 Oct 2022
rooms: 3
size: 570 sq ft
sale price: £165,000
sale date: 10 Feb 2022
rooms: 3
size: 549 sq ft
sale price: £178,500
sale date: 10 Dec 2021

Data Sources

The property at 3 River Bank Close, Maidstone, ME15 7SE appears two times in the Land Registry records, with the latest transaction recorded on 20 Sep 2002. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Feb 2021. 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.