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18, Lake Drive, Hythe is recorded publicly as a modern freehold house across 1,399 ft2 of internal area, sitting on a 289 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 18, Lake Drive, Hythe is £414,455 and its rental estimate is £1,832 per month, given the available information and assuming reasonable condition.
Lake Drive, Hythe, CT21 falls within the CT21 postal district, in the borough of Folkestone and Hythe.
18, Lake Drive, Hythe has a single entry in the Land Registry from October 2019 and a single entry in the EPC database dated October 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 18, Lake Drive, Hythe, we estimate a market value of £435,177 and a rental value of £1,924 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £385,443 and £1,704 per month respectively.
Over the last year, 18, Lake Drive, Hythe has seen its estimated sale value drop by £20,573 (5.0%) and its estimated rental value rise by £40 per month (2.2%). This results in an estimated gross rental yield of 5.3%.
HM Land Registry records the plot of land for 18, Lake Drive, Hythe as measuring 289 m2.
That makes it the largest plot in the postcode, where 31 of the 37 other houses have recorded plot data.
18, Lake Drive, Hythe has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Oct 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 18, Lake Drive, Hythe completed on 31st October 2019 at £414,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 36.9% over the period since October 2019.
Over the past 2 years 3 properties similar to 18, Lake Drive, Hythe have sold within a radius of 2.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th February 2024, was 6, Woodpecker Way, Hythe, CT21 4BQ, a freehold house which sold for £450,000.
Read more about house prices in CT21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 37 addresses on Lake Drive, Hythe, CT21, 18, Lake Drive, Hythe comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £10k more expensive than the average property across the CT21 district.
From 18, Lake Drive, Hythe, the nearest station is Sandling, 4.0 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, Lake Drive, Hythe, % of property is and % is .
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 18, Lake Drive, Hythe, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 18, Lake Drive, Hythe, 0.0% 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 18, Lake Drive, Hythe, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.