Lion Yard, Grove Place - ME13 7NP
Key Building Insights
Lion Yard, Grove Place is a residential building situated on Grove Place, Faversham, ME13 with 8 addresses.
It ranks as the 267th largest and 22nd most expensive of the 302 buildings in the ME13 area. The most common property type is a modern flat built after 1980.
The building contains a total of 8 properties: 6 flats and 2 other properties.
- Ave. Sale Price
- £140,505
- 10 Year change
- up 14.2%
- Ave. Rental Price
- £792pcm
- 10 Year change
- up 29.0%
- Ave. £ per ft²
- £309/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Building Insights
Lion Yard, Grove Place is a residential building situated on Grove Place, Faversham, ME13 with 8 addresses.
It ranks as the 267th largest and 22nd most expensive of the 302 buildings in the ME13 area. The most common property type is a modern flat built after 1980.
The building contains a total of 8 properties: 6 flats and 2 other properties.
- Ave. Sale Price
- £140,505
- 10 Year change
- up 14.2%
- Ave. Rental Price
- £792pcm
- 10 Year change
- up 29.0%
- Ave. £ per ft²
- £309/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Properties on Grove Place, Faversham, ME13
- Flat 5 Lion Yard
2 Bed Modern Flat
- Flat 6 Lion Yard
Modern Flat
- Flat 7 Lion Yard
1 Bed Modern Flat
- Flat 8 Lion Yard
1 Bed Modern Flat
- Flat 9 Lion Yard
Modern Flat
Sales Market Trends
The last sale in Lion Yard, Grove Place sold for £157,000 on 26th January 2023. Since then prices are down an average of 8.3%.
The current average value in the building is £140,505.
The Lion Yard, Grove Place Sales Market has increased by 14.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.5% | £140,505 |
| June 2025 | -1.8% | £142,693 |
| June 2024 | -3.7% | £145,364 |
| June 2023 | 0.3% | £150,988 |
| June 2022 | 8.3% | £150,513 |
| June 2021 | 7.9% | £139,029 |
| June 2020 | -1.2% | £128,851 |
| June 2019 | 0.8% | £130,457 |
| June 2018 | 0.5% | £129,373 |
| June 2017 | 4.7% | £128,770 |
| June 2016 | 10.4% | £123,008 |
| June 2015 | 7.5% | £111,452 |
| June 2014 | 10.8% | £103,690 |
| June 2013 | -1.9% | £93,542 |
| June 2012 | 1.5% | £95,394 |
| June 2011 | 0.1% | £93,963 |
| June 2010 | 5.3% | £93,865 |
| June 2009 | -13.2% | £89,165 |
| June 2008 | 1.9% | £102,676 |
| June 2007 | 0% | £100,756 |
Rental Market Trends
The current average rental value in the building is £792.
The Lion Yard, Grove Place Rental Market has increased by 29.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £792pcm |
| June 2025 | 2.6% | £769pcm |
| June 2024 | 0.3% | £750pcm |
| June 2023 | 7.5% | £748pcm |
| June 2022 | 3.7% | £696pcm |
| June 2021 | 8.1% | £671pcm |
| June 2020 | -0.3% | £621pcm |
| June 2019 | 3.3% | £623pcm |
| June 2018 | -1.6% | £603pcm |
| June 2017 | -0.2% | £613pcm |
| June 2016 | 2.3% | £614pcm |
| June 2015 | 8.8% | £600pcm |
| June 2014 | 0.9% | £551pcm |
| June 2013 | 3% | £546pcm |
| June 2012 | -1% | £530pcm |
| June 2011 | -0.8% | £535pcm |
| June 2010 | 1.8% | £540pcm |
| June 2009 | -8.3% | £530pcm |
| June 2008 | 4.3% | £578pcm |
| June 2007 | 0% | £554pcm |
Sales History
The last recorded sale was on 26th January 2023 for £157,000 and since then the market in the area has decreased by 8.3%.
Lion Yard, Grove Place, Faversham, ME13 7NP has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Jan 2023£157,000 | 1 Bed FlatFlat 8, Lion Yard, Grove Place, Faversham, ME13 7NPFlat 8, Lion Yard, Grove Place, Faversham, ME13 7NP
- Sold Jan 2022£135,000 | 2 Bed FlatFlat 11, Lion Yard, Grove Place, Faversham, ME13 7NPFlat 11, Lion Yard, Grove Place, Faversham, ME13 7NP
- Sold Dec 2020£125,000 | 2 Bed FlatFlat 5, Lion Yard, Grove Place, Faversham, ME13 7NPFlat 5, Lion Yard, Grove Place, Faversham, ME13 7NP
Property Types
- 6 modern flats built after 1980
- 2 other addresses of unknown type
- modern flat (6)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (0)
- G (0)
- D (4)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Oct 2019£290,000 | 3 Bed House1 Millers Row, Grove Place, Faversham, ME13 7FH1 Millers Row, Grove Place, Faversham, ME13 7FH
- Sold May 2021£286,000 | 3 Bed House2 Millers Row, Grove Place, Faversham, ME13 7FH2 Millers Row, Grove Place, Faversham, ME13 7FH
- Sold Aug 2019£285,000 | 3 Bed House3 Millers Row, Grove Place, Faversham, ME13 7FH3 Millers Row, Grove Place, Faversham, ME13 7FH
Schools Nearby
- Ospringe Church of England Primary School200 m away
- Bysing Wood Primary School700 m away
- Ethelbert Road Primary School800 m away
- The Abbey School1.1 km away
- Queen Elizabeth's Grammar School1.8 km away
- The Sittingbourne School8.4 km away
More reading links
Public Transport Nearby
The closest station to Lion Yard, Grove Place, Faversham, ME13 7NP is Faversham station, which is 1.3 kilometres away.
- Faversham|1.3 km away
- Teynham|5.1 km away
- Selling|6.1 km away
- Sittingbourne|10.1 km away