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2 Albany Drive is a residential building situated on Albany Drive, Herne Bay, CT6 with 3 addresses.
It ranks as the 429th largest and 683rd most expensive of the 774 buildings in the CT6 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 3 properties: 3 flats.
2 Albany Drive is a residential building situated on Albany Drive, Herne Bay, CT6 with 3 addresses.
It ranks as the 429th largest and 683rd most expensive of the 774 buildings in the CT6 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 3 properties: 3 flats.
Sale prices range from £218,322 for 2 bedroom Leasehold flats (678 ft2) to £368,946 for 4 bedroom freehold houses with a garden (1,291 ft2) .
Monthly rental prices range from £907 pcm for 2 bed flats to £1,673 pcm for 4 bed houses.
The gross rental yield is between 4.9% and 5.4%.
The average value per square foot is £305.
The last sale in 2 Albany Drive sold for £335,000 on 26th July 2019. Since then prices are up an average of 4.8%.
The current average value in the building is £273,544.
The 2 Albany Drive Sales Market has increased by 18.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -4.2% | £273,544 |
| May 2025 | 0.7% | £285,616 |
| May 2024 | -7.1% | £283,671 |
| May 2023 | -1.7% | £305,361 |
| May 2022 | 10.8% | £310,752 |
| May 2021 | 7.3% | £280,449 |
| May 2020 | 1.6% | £261,382 |
| May 2019 | -0.2% | £257,293 |
| May 2018 | 4.5% | £257,701 |
| May 2017 | 6.7% | £246,597 |
| May 2016 | 10.2% | £231,107 |
| May 2015 | 9.7% | £209,665 |
| May 2014 | 9.4% | £191,163 |
| May 2013 | 1.4% | £174,692 |
| May 2012 | 0.1% | £172,330 |
| May 2011 | -1.8% | £172,113 |
| May 2010 | 10.1% | £175,190 |
| May 2009 | -14.9% | £159,052 |
| May 2008 | 0.6% | £186,913 |
| May 2007 | 0% | £185,856 |
The current average rental value in the building is £1,180.
The 2 Albany Drive Rental Market has increased by 42.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.7% | £1,180pcm |
| May 2025 | 4.2% | £1,160pcm |
| May 2024 | 3.3% | £1,114pcm |
| May 2023 | 6.5% | £1,078pcm |
| May 2022 | 9.1% | £1,013pcm |
| May 2021 | 9.1% | £929pcm |
| May 2020 | -1.1% | £851pcm |
| May 2019 | -0.2% | £860pcm |
| May 2018 | 2.2% | £862pcm |
| May 2017 | 2.1% | £844pcm |
| May 2016 | 5.1% | £827pcm |
| May 2015 | 5.9% | £787pcm |
| May 2014 | 2.7% | £743pcm |
| May 2013 | 0% | £724pcm |
| May 2012 | 0.5% | £724pcm |
| May 2011 | 2.6% | £720pcm |
| May 2010 | 6.6% | £702pcm |
| May 2009 | -4.4% | £658pcm |
| May 2008 | 7.6% | £689pcm |
| May 2007 | 0% | £640pcm |
The last sale was on 26th July 2019 for £335,000 and since then the market in the area has increased by 4.8%. The building has had a total of 5 sales since 1995.
2, Albany Drive, Herne Bay, CT6 8PP has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 2, Albany Drive, Herne Bay, CT6 8PP is Herne Bay station which is 100 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Albany Drive, Herne Bay, CT6 8PP, 57.0% of property is privately owned outright and 29.6% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Albany Drive, Herne Bay, CT6 8PP, 14.7% of residents are recorded as possessing school level qualifications and 22.1% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Albany Drive, Herne Bay, CT6 8PP, the average age was 44.6 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Albany Drive, Herne Bay, CT6 8PP, 0.3% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Albany Drive, Herne Bay, CT6 8PP, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.