43 Glenwood Close, Chatham, ME5 7NR is a leasehold flat built between 1967-1975. The property offers approximately 517 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 £127,254 , which equates to approximately £246 per square foot. It was last sold on 11 Dec 2020 for £112,500. Since then, the value has increased by £14,754, representing a 13.1% increase, or approximately 2.6% per year.

The current estimated value of £127,254 is:

  • 18.9% lower than the average property price on Glenwood Close
  • 13.6% lower than the average in the ME5 7NR postcode area
  • and 63.1% lower than the average price for Chatham as a whole

Based on EPC inspection history, this property has been mostly rented (2 out of 3 inspections). This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 24 March 2022, the property was recorded as rented.

View sold house prices in ME5 7NR

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
517 sq ft
Tenure
Leasehold
Price (estimate)
£127,254
Price Per sq ft (estimate)
£246
Bedroom Count (estimate)
1 bedroom

EPC Summary

43 Glenwood Close, Chatham, Medway, Kent, ME5 7NR has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 24 Mar 2022.

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 10 Jan 2022, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 13.2%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 50 mm loft insulation to pitched, 200 mm loft insulation, improving energy efficiency from poor to good.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Sale History

Today
£127,254
streetscan.co.uk estimate
+13 %
11 Dec 2020
£112,500
Leasehold
+251.6 %
31 Oct 1996
£32,000
Leasehold
+16.4 %
28 Jun 1995
£27,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 517 sq ft
sale price: £135,000
sale date: 8 Jun 2023
rooms: 3
size: 474 sq ft
sale price: £114,000
sale date: 2 Feb 2021
rooms: 2
size: 517 sq ft
sale price: £119,000
sale date: 14 May 2018
rooms: 2
size: 517 sq ft
sale price: £110,000
sale date: 29 Jul 2016
rooms: 2
size: 517 sq ft
sale price: £78,000
sale date: 10 Oct 2003

Data Sources

The property at 43 Glenwood Close, Chatham, ME5 7NR appears three times in the Land Registry records, with the latest transaction recorded on 11 Dec 2020. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Mar 2022. 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.