3 River Bank Close – 53 m² sold £125k

Property data

Sale history

Date	Paid price	Annual growth	After inflation
Sep 2002	£125,000	17.8%	16.0%
Feb 1999 New build New	£69,000	na	na

Floor plan

Archived estate agent floor plan for 3, River Bank Close.

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Internal area

53 square metres (570 square feet) according to latest EPC inspection

Price per internal area

This property sold for £2,358 per square metre (£219 per square foot) in Sep 2002. Indexed forward to today's value, this is roughly £5,052 per square metre (£469 per square foot) .

Date	Paid price	Paid £/sqm	Today's value	Today's value £/sqm
Sep 2002	£125,000	£2,358	£267,757	£5,052
Feb 1999	£69,000	£1,302	£196,891	£3,715

Calculated using the latest EPC internal area of 53 m². Earlier sale dates may not have had the same measured area available.

Valuation

The most recent sale price indexed forward to today's value is £267,757. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Maidstone are now selling for between £3,230 and £4,110 per square metre (£300 and £381 per square foot). Based on an internal area of 53 m², this implies a valuation between £171,000 and £218,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.

Bedrooms

2

Type

Flat

Council tax band

D

Archived listings

History:

Archived rental listing for 3 River Bank Close. Advertised on multiple portals. It was added on 26/01/2022. It last appeared Apr 2022.

Photos:

There are 7 archived estate agent listing photos for 3 River Bank Close.

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Advertiser remarks:

2 bedrooms
1 bathrooms

EPC Inspections

Summary:: 19 February 2021 - energy performance certificate grade C
Certificate:: View energy certificate on GOV.UK
Reason for EPC:: Rental
Tenure:: Private rental
Property type:: 1st floor flat in an apartment block with 1 storeys , has 3 habitable rooms. Estimated year built 1996 to 2002
Area:: 53 sqm (570 square foot) total internal area
Comments:: Walls: Cavity wall, as built, insulated (assumed). Roof: (another dwelling above). Heating: Electric storage heaters.

Summary:: 26 February 2010 - energy performance certificate grade C
Reason for EPC:: None
Tenure:: Private rental
Property type:: None , has 3 habitable rooms. Estimated year built 1991 to 1995
Area:: 53 sqm (570 square foot) total internal area
Comments:

3, River Bank Close, ME15 7SE