2, George Lane
2, George Lane
Description & Estimates
Public records show 2, George Lane, New Romney to be a period freehold house with 1,216 ft2 of internal area, sitting on a 104 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
2, George Lane, New Romney has an estimated sale value of £362,324 and an estimated rental value of £1,435 per month, assuming reasonable condition and based on the information available.
George Lane, New Romney, TN28 lies in the borough of Folkestone and Hythe, within the TN28 postal district.
Our Data Sources
2, George Lane, New Romney has a single entry in the Land Registry from January 2011 and a single entry in the EPC database dated June 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 2, George Lane, New Romney would be worth £380,440, with a potential rental value of £1,507 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £336,961, with a rental value of £1,334 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, George Lane, New Romney has fallen by £14,872 (4.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £24 (1.7%). The property's estimated gross yield is currently 4.8%.
Plot Size
2, George Lane, New Romney occupies a 104 m2 plot as recorded by HM Land Registry.
Of the 3 other houses in this postcode, 1 have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
2, George Lane, New Romney has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Jun 2018.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, George Lane, New Romney last changed hands on 31st January 2011, selling for £113,500. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 89.7% since January 2011.
- Sold Jan 2011£113,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 880 metres of 2, George Lane, New Romney across the last 2 years.
Most recently, 20, Mabledon Close, New Romney, TN28 8HT, a freehold house, sold at £375,000 on the 23rd August 2024.
Read more about house prices in TN28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, George Lane, New Romney as the 4th largest and the 2nd most expensive of the 5 addresses on George Lane, New Romney, TN28.
Against the TN28 postcode district average, it is £7k more expensive than the typical property.
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Schools Nearby
- 100mSt Nicholas Church of England Primary Academy
- 2.8kmGreatstone Primary School
- 5.0kmLydd Primary School
- 400mThe Marsh Academy
- 13.5kmBrockhill Park Performing Arts College
- 15.2kmRye College
More reading links
Public Transport Nearby
Appledore (Kent) station is the nearest stop to 2, George Lane, New Romney at 10.2 kilometres away.
- 10.2kmAppledore (Kent)
- 10.9kmHam Street
- 13.7kmWestenhanger
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
