47 River Bank Close, Maidstone, ME15 7RZ is a leasehold flat built between 1996-2002. The property offers approximately 590 square feet of living space and is situated on the 3rd floor of a 4-storey building. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £186,949 , which equates to approximately £316 per square foot. It was last sold on 15 Jul 2016 for £160,000. Since then, the value has increased by £26,949, representing a 16.8% increase, or approximately 1.8% per year.

The current estimated value of £186,949 is:

  • 19.3% lower than the average property price on River Bank Close
  • 15.1% lower than the average in the ME15 7RZ postcode area
  • and 46.2% lower than the average price for Maidstone as a whole

At the most recent EPC inspection on 24 October 2008, the property was recorded as owner-occupied.

View sold house prices in ME15 7RZ

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
590 sq ft
Tenure
Leasehold
Floor level
3rd floor of 4
Price (estimate)
£186,949
Price Per sq ft (estimate)
£316
Bedroom Count (estimate)
1 bedroom

EPC Summary

47 River Bank Close, Maidstone, Kent, ME15 7RZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 3 Dec 2008.

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 24 Oct 2008. The rating of C is unchanged, though the energy efficiency score decreased by 4%.

Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to ME15 7RZ

34 th / 35
Price Rank
15% lower than average
17 th / 33
Size Rank
5% smaller than average
33 rd / 33
Price Per Sq FT Rank
11% lower than average

Compared to other properties in ME15 7RZ , this flat's estimated value ranks 34th out of 35. Based on price per square foot, it ranks 33th out of 33 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 17th out of 33 properties in its postcode area.

Sale History

Today
£186,949
streetscan.co.uk estimate
+17 %
15 Jul 2016
£160,000
Leasehold
+45.5 %
6 Nov 2008
£110,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 592 sq ft
sale price: £175,000
sale date: 9 Feb 2024
rooms: 3
size: 549 sq ft
sale price: £195,000
sale date: 24 May 2023
rooms: 3
size: 517 sq ft
sale price: £172,000
sale date: 23 Nov 2022
rooms: 3
size: 517 sq ft
sale price: £234,000
sale date: 21 Jul 2022
rooms: 3
size: 538 sq ft
sale price: £56,000
sale date: 21 Dec 2021

Data Sources

The property at 47 River Bank Close, Maidstone, ME15 7RZ appears two times in the Land Registry records, with the latest transaction recorded on 15 Jul 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Dec 2008. 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.