Richmond Street - CT6 5LP
Key Postcode Insights
CT6 5LP is a residential postcode situated on Richmond Street, Herne Bay, CT6 with 3 addresses.
It ranks as the 51st largest and 90th most expensive of the 1,018 postcodes in the CT6 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 3 properties: 1 house and 2 flats.
- Ave. Sale Price
- £246,323
- 10 Year change
- up 16.8%
- Ave. Rental Price
- £1,108pcm
- 10 Year change
- up 42.1%
- Ave. £ per ft²
- £264/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
CT6 5LP is a residential postcode situated on Richmond Street, Herne Bay, CT6 with 3 addresses.
It ranks as the 51st largest and 90th most expensive of the 1,018 postcodes in the CT6 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 3 properties: 1 house and 2 flats.
- Ave. Sale Price
- £246,323
- 10 Year change
- up 16.8%
- Ave. Rental Price
- £1,108pcm
- 10 Year change
- up 42.1%
- Ave. £ per ft²
- £264/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin CT6 5LP
Sales Market Trends
The last sale in CT6 5LP sold for £160,000 on 18th October 2023. Since then prices are down an average of 0.0%.
The current average value in the postcode is £246,323.
The CT6 5LP Sales Market has increased by 16.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.5% | £246,323 |
| June 2025 | 0.4% | £257,810 |
| June 2024 | -6.1% | £256,691 |
| June 2023 | -3% | £273,320 |
| June 2022 | 10.2% | £281,818 |
| June 2021 | 6.8% | £255,721 |
| June 2020 | 2.7% | £239,374 |
| June 2019 | -0.4% | £233,055 |
| June 2018 | 4.1% | £233,973 |
| June 2017 | 6.6% | £224,790 |
| June 2016 | 9.4% | £210,832 |
| June 2015 | 9.4% | £192,637 |
| June 2014 | 9.8% | £176,153 |
| June 2013 | 1.8% | £160,489 |
| June 2012 | 0% | £157,723 |
| June 2011 | -3.6% | £157,708 |
| June 2010 | 9.6% | £163,572 |
| June 2009 | -14.1% | £149,184 |
| June 2008 | -1.7% | £173,608 |
| June 2007 | 0% | £176,621 |
Rental Market Trends
The current average rental value in the postcode is £1,108.
The CT6 5LP Rental Market has increased by 42.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,108pcm |
| June 2025 | 3% | £1,086pcm |
| June 2024 | 3.8% | £1,054pcm |
| June 2023 | 6.3% | £1,015pcm |
| June 2022 | 8.5% | £955pcm |
| June 2021 | 9.3% | £880pcm |
| June 2020 | -0.8% | £805pcm |
| June 2019 | -0.3% | £812pcm |
| June 2018 | 2.1% | £814pcm |
| June 2017 | 2.3% | £798pcm |
| June 2016 | 4.7% | £780pcm |
| June 2015 | 5% | £744pcm |
| June 2014 | 3.1% | £709pcm |
| June 2013 | 0.2% | £688pcm |
| June 2012 | 0.1% | £686pcm |
| June 2011 | 1.1% | £686pcm |
| June 2010 | 5.9% | £678pcm |
| June 2009 | -5.4% | £640pcm |
| June 2008 | 7.1% | £677pcm |
| June 2007 | 0% | £632pcm |
Sales History
The last sale was on 18th October 2023 for £160,000 and since then the market in the area has remained stable. The postcode has had a total of 4 sales since 1995.
CT6 5LP has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Oct 2023£160,000 | 4 Bed House14, Richmond Street, Herne Bay, CT6 5LP14, Richmond Street, Herne Bay, CT6 5LP
- Sold Dec 2022£192,000 | 2 Bed Flat16, Richmond Street, Herne Bay, CT6 5LP16, Richmond Street, Herne Bay, CT6 5LP
- Sold Sep 2022£185,000 | 2 Bed Flat16, Richmond Street, Herne Bay, CT6 5LP16, Richmond Street, Herne Bay, CT6 5LP
- Sold Sep 2003£90,000 | 2 Bed Flat16A, Richmond Street, Herne Bay, CT6 5LP16A, Richmond Street, Herne Bay, CT6 5LP
Nearby Postcodes
CT6 5LP is the 51st largest and the 90th most expensive postcode out of the 1,018 postcodes in the CT6 area.
- CT6 5BG, Richmond Street, Herne Bay, CT6CT6 5BG8 Addresses|24 m away
- CT6 5LN, High Street, Herne Bay, CT6CT6 5LN10 Addresses|26 m away
- CT6 5LR, Richmond Street, Herne Bay, CT6CT6 5LR26 Addresses|32 m away
- CT6 5LX, Telford Street, Herne Bay, CT6CT6 5LX6 Addresses|39 m away
- CT6 5LY, Dolphin Street, Herne Bay, CT6CT6 5LY16 Addresses|52 m away
Property Types
- 1 period house built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- period house (1)
- period flat (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is E.
- A (0)
- E (3)
- B (0)
- 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 School500 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 CT6 5LP 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