3, WARD VIEW, CHATHAM, ME5 7FD - £153,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 WARD VIEW is a very small flat of 43m², built sometime between 2007 and 2011, which could now be worth an estimated £145,115. It was last sold for £153,500 in July 2022, which was around 13% below the average July 2022 flat price in the Medway local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

3 WARD VIEW Sold Prices

Land registry data shows two sales for 3 WARD VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Medway local authority area for the corresponding sale date. One of the two 3 WARD VIEW sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 18 JUL	£153,500	£175,917	13% below HPI
2012 27 APR	£114,995	£97,479	18% above HPI

What might 3 WARD VIEW be worth now?

3 WARD VIEW might now be worth an estimated £145,115.

This is based on house price deflation of 5.5%, between July 2022 and May 2026, for flats, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.5% deflationary decrease is applied to the most recent sale price for 3 WARD VIEW of £153,500 on 18th July 2022. For the value to have decreased from £153,500 to £145,115 over the four years and two months to May 2026, the following assumptions must hold true:

• The value of 3 WARD VIEW has moved in line with the HPI for flats in the Medway local authority area.
• The July 2022 sale price of £153,500 represented a fair market value for the property.
• The size, condition, and specification of 3 WARD VIEW has not materially changed since July 2022.

How Large is 3 WARD VIEW?

3 WARD VIEW is 43m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% of flats in Chatham, based on EPC data. 19% of flats are smaller than 3 WARD VIEW, and 78% of flats are larger. Note that EPC data is not available for all properties in Chatham.

3 WARD VIEW: Plot

3 WARD VIEW sits on a plot of roughly 0.084 of an acre, or 339m².

Where is 3 WARD VIEW?

3 WARD VIEW is located in CHATHAM, in the ME5 postcode district.