Palmer Court, Richmond Street - CT6 5JW
Key Building Insights
Palmer Court, Richmond Street is a residential building situated on Richmond Street, Herne Bay, CT6 with 34 addresses.
It ranks as the 760th largest and 634th most expensive of the 774 buildings in the CT6 area. The most common property type is a modern flat built after 1980.
The building contains a total of 34 properties: 34 flats.
- Ave. Sale Price
- £224,573
- 10 Year change
- up 14.4%
- Ave. Rental Price
- £1,050pcm
- 10 Year change
- up 39.1%
- Ave. £ per ft²
- £255/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Building Insights
Palmer Court, Richmond Street is a residential building situated on Richmond Street, Herne Bay, CT6 with 34 addresses.
It ranks as the 760th largest and 634th most expensive of the 774 buildings in the CT6 area. The most common property type is a modern flat built after 1980.
The building contains a total of 34 properties: 34 flats.
- Ave. Sale Price
- £224,573
- 10 Year change
- up 14.4%
- Ave. Rental Price
- £1,050pcm
- 10 Year change
- up 39.1%
- Ave. £ per ft²
- £255/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertieson Richmond Street, Herne Bay, CT6
- 1 Palmer Court Richmond Street
2 Bed Modern Flat
- 2 Palmer Court Richmond Street
2 Bed Modern Flat
- 3 Palmer Court Richmond Street
2 Bed Modern Flat
- 4 Palmer Court Richmond Street
2 Bed Modern Flat
- 5 Palmer Court Richmond Street
2 Bed Modern Flat
Sales Market Trends
The last sale in Palmer Court, Richmond Street sold for £220,000 on 21st June 2024. Since then prices are down an average of 5.0%.
The current average value in the building is £224,573.
The Palmer Court, Richmond Street Sales Market has increased by 14.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.8% | £224,573 |
| June 2025 | 0.1% | £236,018 |
| June 2024 | -5.9% | £235,858 |
| June 2023 | -3.2% | £250,641 |
| June 2022 | 9.8% | £258,947 |
| June 2021 | 6.8% | £235,758 |
| June 2020 | 2.3% | £220,802 |
| June 2019 | -0.2% | £215,830 |
| June 2018 | 3.7% | £216,325 |
| June 2017 | 6.2% | £208,524 |
| June 2016 | 9.5% | £196,297 |
| June 2015 | 9.7% | £179,336 |
| June 2014 | 10% | £163,437 |
| June 2013 | 1.7% | £148,549 |
| June 2012 | 0.4% | £146,046 |
| June 2011 | -3.3% | £145,431 |
| June 2010 | 10% | £150,355 |
| June 2009 | -14.3% | £136,651 |
| June 2008 | -1.3% | £159,424 |
| June 2007 | 0% | £161,509 |
Rental Market Trends
The current average rental value in the building is £1,050.
The Palmer Court, Richmond Street Rental Market has increased by 39.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.6% | £1,050pcm |
| June 2025 | 2.6% | £1,033pcm |
| June 2024 | 4% | £1,007pcm |
| June 2023 | 6.1% | £968pcm |
| June 2022 | 8.1% | £912pcm |
| June 2021 | 9.3% | £844pcm |
| June 2020 | -1.2% | £772pcm |
| June 2019 | -0.1% | £781pcm |
| June 2018 | 1.7% | £782pcm |
| June 2017 | 1.9% | £769pcm |
| June 2016 | 4.8% | £755pcm |
| June 2015 | 5.3% | £720pcm |
| June 2014 | 3.3% | £684pcm |
| June 2013 | 0.2% | £662pcm |
| June 2012 | 0.5% | £661pcm |
| June 2011 | 1.4% | £657pcm |
| June 2010 | 6.3% | £648pcm |
| June 2009 | -5.6% | £610pcm |
| June 2008 | 7.6% | £646pcm |
| June 2007 | 0% | £601pcm |
Sales History
The last sale was on 21st June 2024 for £220,000 and since then the market in the area has decreased by 5.0%. The building has had a total of 30 sales since 1995.
Palmer Court, Richmond Street, Herne Bay, CT6 5JW has seen 17 sales in the last three years and no sales in the last twelve months.
- Sold Jun 2024£220,000 | 2 Bed Flat25 Palmer Court, Richmond Street, Herne Bay, CT6 5JW25 Palmer Court, Richmond Street, Herne Bay, CT6 5JW
- Sold Dec 2023£240,000 | 2 Bed Flat13 Palmer Court, Richmond Street, Herne Bay, CT6 5JW13 Palmer Court, Richmond Street, Herne Bay, CT6 5JW
- Sold Nov 2023£200,000 | 2 Bed Flat11 Palmer Court, Richmond Street, Herne Bay, CT6 5JW11 Palmer Court, Richmond Street, Herne Bay, CT6 5JW
- Sold Sep 2023£237,000 | 2 Bed Flat28 Palmer Court, Richmond Street, Herne Bay, CT6 5JW28 Palmer Court, Richmond Street, Herne Bay, CT6 5JW
- Sold Aug 2023£200,000 | 2 Bed Flat1 Palmer Court, Richmond Street, Herne Bay, CT6 5JW1 Palmer Court, Richmond Street, Herne Bay, CT6 5JW
Property Types
- 5 modern houses built after 1980
- 29 modern flats built after 1980
- modern house (5)
- modern flat (29)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 34 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (34)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Aug 2022£410,000 | 4 Bed House34 Palmer Court, Richmond Street, Herne Bay, CT6 5JW34 Palmer Court, Richmond Street, Herne Bay, CT6 5JW
- Sold Dec 2022£390,000 | 4 Bed House31 Palmer Court, Richmond Street, Herne Bay, CT6 5JW31 Palmer Court, Richmond Street, Herne Bay, CT6 5JW
- Sold Oct 2024£385,000 | 4 Bed House33, Richmond Street, Herne Bay, CT6 5LR33, Richmond Street, Herne Bay, CT6 5LR
Schools Nearby
- Herne Bay Junior School400 m away
- Herne Bay Infant School500 m away
- Hampton Primary School1.5 km away
- Herne Bay High School1.3 km away
- The Whitstable School6.4 km away
- Orion Spires6.7 km away
More reading links
Public Transport Nearby
The closest station to Palmer Court, Richmond Street, Herne Bay, CT6 5JW is Herne Bay station, which is 900 metres away.
- Herne Bay|900 m away
- Chestfield & Swalecliffe|4.1 km away
- Whitstable|6.5 km away
- Sturry|7.8 km away
