50 Somerset Close, Chatham, ME5 7SW is a freehold terraced property built between 1930-1949. The property offers approximately 1,001 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £128,351 , which equates to approximately £128 per square foot. It was last sold on 15 Dec 2004 for £60,000. Since then, the value has increased by £68,351, representing a 113.9% increase, or approximately 5.4% per year.

The current estimated value of £128,351 is:

  • 49.8% lower than the average property price on Somerset Close
  • 43.1% lower than the average in the ME5 7SW postcode area
  • and 62.8% 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 2 September 2014, the property was recorded as owner-occupied.

View sold house prices in ME5 7SW

Building approximate location

About Property

Type
Terraced House
Built
1930-1949
Interior Size
1001 sq ft
Tenure
Freehold
Price (estimate)
£128,351
Price Per sq ft (estimate)
£128
Bedroom Count (estimate)
3 bedrooms

EPC Summary

50 Somerset Close, Chatham, Medway, Kent, ME5 7SW has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 2 Sep 2014.

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 the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 18 Sep 2012, when the property was rated C. The current rating of E reflects a decline in energy efficiency of 33.3%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from good to poor.
  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, no insulation, changing energy efficiency from good to very poor.
  • The lighting was updated from low energy lighting in 92% of fixed outlets to no low energy lighting, with efficiency changing from very good to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Poor
Roof
Pitched, no insulation
Very Poor
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Sale History

Today
£128,351
streetscan.co.uk estimate
+114 %
15 Dec 2004
£60,000
Leasehold
+27.7 %
15 Sep 1999
£47,000
Leasehold

Area Insights

Similar Properties Sold Nearby

40 Somerset Close, Chatham, ME5 7SW
rooms: 5
size: 1001 sq ft
sale price: £275,000
sale date: 23 Feb 2024
54 Somerset Close, Chatham, ME5 7SW
rooms: 5
size: 952 sq ft
sale price: £65,950
sale date: 20 Aug 2001
8 Somerset Close, Chatham, ME5 7SL
rooms: 5
size: 1012 sq ft
sale price: £41,000
sale date: 10 Sep 1997
6 Somerset Close, Chatham, ME5 7SL
rooms: 5
size: 958 sq ft
sale price: £36,000
sale date: 30 May 1997

Data Sources

The property at 50 Somerset Close, Chatham, ME5 7SW appears two times in the Land Registry records, with the latest transaction recorded on 15 Dec 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Sep 2014. 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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