16, Albion Lane
16, Albion Lane
Description & Estimates
16, Albion Lane, Herne Bay appears in the public record as a freehold house sitting on a 1,490 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,612 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 16, Albion Lane, Herne Bay is £470,134 and its rental estimate is £1,863 per month, given the available information and assuming reasonable condition.
Albion Lane, Herne Bay, CT6 falls within the CT6 postal district, in the borough of Canterbury.
Our Data Sources
16, Albion Lane, Herne Bay has 21 entries in the Land Registry , most recently in December 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 16, Albion Lane, Herne Bay, we estimate a market value of £493,640 and a rental value of £1,957 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £437,224 and £1,733 per month respectively.
Recent Market Change
Over the last year, 16, Albion Lane, Herne Bay has seen its estimated sale value decline by £22,037 (4.7%) and its estimated rental value climb by £22 per month (1.2%). This results in an estimated gross rental yield of 4.8%.
Plot Size
HM Land Registry records the plot of land for 16, Albion Lane, Herne Bay as measuring 1,490 m2.
That makes it the 3rd largest plot in the postcode, where 36 of the 39 other houses have recorded plot data.
Sold Prices
The most recent sale of 16, Albion Lane, Herne Bay completed on 2nd December 2014 at £405,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 38.1% over the period since December 2014.
- Sold Dec 2014£405,000
- Sold Sep 1998£59,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Albion Lane, Herne Bay have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th January 2023, was Itskintus, St. Martins View, Herne Bay, CT6 7AP, a freehold house which sold for £615,000.
Read more about house prices in CT6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 54 addresses on Albion Lane, Herne Bay, CT6, 16, Albion Lane, Herne Bay comes out as the 18th largest and the 19th most expensive in our analysis of the public data.
It is also £143k more expensive than the average property across the CT6 district.
More reading links
Schools Nearby
- 400mHerne Church of England Junior School
- 400mHerne Church of England Infant and Nursery School
- 2.4kmHoath Primary School
- 2.3kmHerne Bay High School
- 3.9kmOrion Spires
- 6.8kmThe Whitstable School
More reading links
Public Transport Nearby
From 16, Albion Lane, Herne Bay, the nearest station is Herne Bay, 2.3 kilometres away.
- 2.3kmHerne Bay
- 4.9kmChestfield & Swalecliffe
- 5.2kmSturry
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
