Sold STC Terraced

58 MELBOURNE ROAD

CHATHAM, MEDWAY ME4 5PB

3 beds 1 baths 73 m² Listed 27 Apr 2023 (-1138d)

£200,000

Offers in Excess of

Reduced on 14 Jun 2023

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External Lounge Dining Room Play Room Kitchen Bedroom Bedroom Bathroom Garden Garden Lounge Kitchen Bedroom Bedroom External External

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Property details

Tenure

FREEHOLD

Floor area

73 m²

Council tax band

B

Last sold

£205,000 Sep 2023

Local average

£251,042 (-20.3%)

Deprivation

Decile 1 (1,573 of 33,755)

Street crime

953 incidents within 1 mile (Mar 2026)

Key features

  • Terraced House
  • Two Bedroom
  • Close To Local Amenities
  • Downstairs Bathroom
  • Two Reception Rooms
  • Chain Free
  • BTL Invesment
  • Energy Efficiency Rating: D

Additional details

Parking
On street
Garden
Private garden

Description

Acorn are pleased to welcome to the market this three bedroom Victorian terraced home located in Chatham.

The property comprises; lounge to front, separate dining room, galet style kitchen and bathroom to rear. To the first floor there are three bedrooms all of a decent sized and loft access.

The garden is mainly decking and is a good size.

This property is ideal for buy to let investors or first time buyers alike.

Please call us today to arrange your viewing on !

Tenure: Freehold | Medway Council | Council Tax Band: B | Energy Efficiency Rating: D |

Listed by

Strood

Leaders and Romans Group

Reference: 134189210

EPC Rating & Upgrade Cost

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Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

EPC Graphs

Energy Performanc...

Energy Performanc...

Price history

Event Date Price % change
Sold 27/09/2023 (2 years ago) £205,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
71 SALISBURY ROAD, CHATHAM, MEDWAY, ME4 5NN £226,000 15/12/2025 Terraced
73 SALISBURY ROAD, CHATHAM, MEDWAY, ME4 5NN £226,000 15/12/2025 Terraced
30 MILLS TERRACE, CHATHAM, MEDWAY, ME4 5NY £160,000 05/12/2025 Terraced
2 EAST STREET, CHATHAM, MEDWAY, ME4 5NJ £280,000 05/12/2025 Terraced
30 HARTINGTON STREET, CHATHAM, MEDWAY, ME4 5PH £160,000 21/11/2025 Terraced
41 SYDNEY ROAD, CHATHAM, MEDWAY, ME4 5PP £240,000 31/10/2025 Terraced
25 HARTINGTON STREET, CHATHAM, MEDWAY, ME4 5PH £200,000 05/03/2025 Terraced
25 HARTINGTON STREET, CHATHAM, MEDWAY, ME4 5PH £200,000 05/03/2025 Terraced
2 STURLA ROAD, CHATHAM, MEDWAY, ME4 5PA £229,000 31/01/2025 Terraced
12 EAST STREET, CHATHAM, MEDWAY, ME4 5NJ £192,500 10/01/2025 Terraced
12 STEVEN CLOSE, CHATHAM, MEDWAY, ME4 5NG £355,000 15/12/2023 Terraced
18 ERNEST ROAD, CHATHAM, MEDWAY, ME4 5PT £194,000 15/12/2023 Terraced
13 PORTLAND STREET, CHATHAM, MEDWAY, ME4 5LS £315,000 24/11/2023 Terraced
22 OTWAY STREET, CHATHAM, MEDWAY, ME4 5PG £205,000 26/10/2023 Terraced
34 LESTER ROAD, CHATHAM, MEDWAY, ME4 5NP £215,000 06/10/2023 Terraced
61 STURLA ROAD, CHATHAM, MEDWAY, ME4 5QL £249,000 18/08/2023 Terraced
52 OTWAY STREET, CHATHAM, MEDWAY, ME4 5PL £215,000 11/08/2023 Terraced
36 LESTER ROAD, CHATHAM, MEDWAY, ME4 5NP £230,000 30/06/2023 Terraced
30 CROMWELL TERRACE, CHATHAM, MEDWAY, ME4 5PQ £170,000 21/04/2023 Terraced
53 DIANA ROAD, CHATHAM, MEDWAY, ME4 5PW £330,000 14/04/2023 Terraced

Area average: £229,575 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -3.7%
10y growth 34.4%

House Price Index (HM Land Registry — official index, not sold-price averages): Medway. Series: Terraced. As of March 2026.

1y (index) 0.5%
5y (index) 17%
10y (index) 45.5%

Rental Range

Estimated market rent for Medway. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,113/mo
Realistic £1,237/mo
Optimistic £1,361/mo

Based on Local Authority from postcode lookup → Medway.

LHA (30th percentile) floor for Bury St Edmunds: £952/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Magpie Tavern 0.1 miles
Shop Cromwell Mini Mart 0.1 miles
Shop Flamingo Newsagents 0.2 miles
Bus stop Newnham Street 0.2 miles
Hospital Medway Maritime Hospital 0.5 miles
Train station Chatham 0.6 miles
University Unknown 0.9 miles
Train station Gillingham 1.1 miles
Hospital Unknown 1.3 miles
University University of Kent - Medway Campus 1.4 miles

Street-level crime

Category Count
Violence and sexual offences 337
Anti-social behaviour 198
Shoplifting 84
Criminal damage and arson 70
Other theft 58
Public order 56
Drugs 36
Vehicle crime 28
Other crime 22
Robbery 19
Burglary 18
Possession of weapons 15
Bicycle theft 7
Theft from the person 5
Total incidents 953

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
All Saints Church of England Primary School Primary 0.1 miles Good — 26 Jun 2014
New Road Primary School Primary 0.2 miles Good — 20 Jul 2017
Phoenix Primary School Primary 0.2 miles Good — 19 Sep 2023
Greenvale Primary School Primary 0.3 miles Good — 18 Jan 2024
The Victory Academy Secondary 0.4 miles Good — 17 May 2023

Rental Comparables

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Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.62%
Max investor price (0.8%) £154,625
Target investor price (1%) £123,700
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).