Flat 5, Spembly Works, 13 New Road Avenue, Chatham, ME4 6AZ is a leasehold flat built between 1991-1995. The property offers approximately 463 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 £138,000 , which equates to approximately £298 per square foot. It was last sold on 5 Oct 2007 for £95,000. Since then, the value has increased by £43,000, representing a 45.3% increase, or approximately 2.5% per year.

The current estimated value of £138,000 is:

  • 44.6% lower than the average property price on New Road Avenue
  • 25.0% lower than the average in the ME4 6AZ postcode area
  • and 54.0% lower than the average price for Chatham as a whole

View sold house prices in ME4 6AZ

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
463 sq ft
Tenure
Leasehold
Price (estimate)
£138,000
Price Per sq ft (estimate)
£298
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, Spembly Works, 13 New Road Avenue, Chatham, Medway, ME4 6AZ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 20 Sep 2019.

This property uses an Electricaire warm air system as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 14 May 2009. The rating of D is unchanged, though the energy efficiency score decreased by 12.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from air source heat pump, warm air, electric to warm air, electricaire, changing energy efficiency from average to very poor.
  • The wall construction or insulation changed from system built, as built, no insulation (assumed) to system built, as built, insulated (assumed), improving energy efficiency from very poor to good.
  • The lighting was updated from no low energy lighting to low energy lighting in 80% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Warm air, Electricaire
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to ME4 6AZ

18 th / 20
Price Rank
25% lower than average
17 th / 19
Size Rank
24% smaller than average
13 th / 19
Price Per Sq FT Rank
2% lower than average

Compared to other properties in ME4 6AZ , this flat's estimated value ranks 18th out of 20. Based on price per square foot, it ranks 13th out of 19 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 19 properties in its postcode area.

Sale History

Today
£138,000
streetscan.co.uk estimate
+45 %
5 Oct 2007
£95,000
Leasehold
+46.2 %
13 May 2004
£65,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 517 sq ft
sale price: £80,000
sale date: 29 Mar 2021
rooms: 2
size: 484 sq ft
sale price: £56,000
sale date: 5 Jul 2016
rooms: 2
size: 431 sq ft
sale price: £99,000
sale date: 4 Jun 2007
rooms: 2
size: 463 sq ft
sale price: £65,000
sale date: 13 May 2004
rooms: 2
size: 527 sq ft
sale price: £80,000
sale date: 13 May 2004

Data Sources

The property at Flat 5, Spembly Works, 13 New Road Avenue, Chatham, ME4 6AZ appears two times in the Land Registry records, with the latest transaction recorded on 5 Oct 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Sep 2019. 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.