Homewise says ..
Guide price for a Home for Life Lifetime Lease for OVER 60s tailored to your personal circumstances and requirements. Your price may vary. OVER 60s could benefit from SAVINGS of up to 59% from the market value with a one-off payment for a Lifetime Lease on this property. £363,000 GUIDE PRIC...
Property Oracle says ..
This property located on Constitution Road in Chatham, Kent is a three-bedroom house offered as a Home for Life Lease. The property benefits from being located near Luton Primary School, which holds an ‘Outstanding’ Ofsted rating, this adds value for those looking to live near good schools. Transport links appear good with Southeastern train stations within reasonable distance. The house itself shows an average level of maintenance. The décor and interior design appear somewhat dated, suggesting a need for modernisation. The kitchen and bathrooms in particular may benefit from updating. The garden appears a moderate size, though the exact dimensions are not provided. However, the asking price of £363,000 needs close scrutiny, given the age of the property and apparent need for modernisation. While some other local properties sold higher than this, it’s important to bear in mind that we are lacking important comparative data which includes the square footage, impacting the analysis. This is crucial to get a full understanding of the value for money being offered. This is further complicated by the fact that this is a home for life lease, reducing the overall perceived value of the property. Potential buyers should investigate the specific implications of this type of leasehold arrangement carefully and also undertake a full structural survey and ensure appropriate legal advice is obtained before making an offer.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 6
- Location
- 7
- Land
- 5
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 1,000.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 242,865.00 £Increased by 1.09 %
- Est sale value
- 315,000.00 £Decreased by 4.55 %
- Average area rental value
- 1,329.00 £/moIncreased by 4.98 %
- Est letting value
- 1,000.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.57 %Increased by 3.96 %
- Crime Rate
- 12.00 %Unchanged by 0.00 %
Agent Activity
Homewise created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Luton Primary School | Community School | Outstanding | 0.21 KM |
Chatham Grammar | Academy Converter | Good | 0.51 KM |
Hospital And Medical Tuition Service | Miscellaneous | 0.59 KM | |
Byron Primary School | Academy Sponsor Led | Requires improvement | 0.73 KM |
All Saints Sure Start Children'S Centre | Children's Centre | 1.07 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
York Hill | £ 250,000 | 0 | 0.00 KM |
Bus Lane | £ 0 | 0 | 0.00 KM |
Castle Road | £ 0 | 0 | 0.00 KM |
Seymour Road | £ 203,500 | 0 | 0.00 KM |
Kimberley Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Gillingham (Kent) | 5169 | GLM | 1.64 KM |
Chatham | 5199 | CTM | 2.62 KM |
Rochester | 5203 | RTR | 3.94 KM |
Strood (Kent) | 5191 | SOO | 5.47 KM |
Rainham (Kent) | 5177 | RAI | 7.52 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Constitution Road, Chatham, Kent | £ 550,000 | BUY | Unknown | 0.00 KM |
Magpie Hall Road, Chatham, Kent, ME4 | £ 230,000 | BUY | 6 / 10 | 0.05 KM |
Upper Luton Road, Chatham, Kent, ME5 | £ 230,000 | BUY | 5 / 10 | 0.05 KM |
Upper Luton Road, Medway, Chatham | £ 575,000 | BUY | 6 / 10 | 0.09 KM |
Upper Luton Road, Medway, Chatham | £ 650,000 | BUY | 6 / 10 | 0.09 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
167 Constitution Road | £ 255,000 | 0.00 KM |
149 Constitution Road | £ 124,000 | 0.00 KM |
175 Constitution Road | £ 90,000 | 0.00 KM |
161 Constitution Road | £ 123,000 | 0.00 KM |
151 Constitution Road | £ 138,000 | 0.00 KM |