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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Greatstone Close, New Romney is £278,564 and the estimated rental value is £1,239 per month.
Greatstone Close, New Romney, TN28 is located in the borough of Folkestone and Hythe within the TN28 postal district.
2, Greatstone Close, New Romney has a single entry in the Land Registry from July 2024 and a single entry in the EPC database dated December 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Greatstone Close, New Romney is in very good condition we estimate a sale value of £292,492 and a rental value of £1,301 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £259,064 and a rental value of £1,153 per month.
Over the last 12 months the sale value of 2 Greatstone Close New Romney has decreased by an estimated £10,468 (3.8%) and its rental value has increased by an estimated £28 per month (2.3%), giving an expected gross yield of 5.3%.
2, Greatstone Close, New Romney has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Dec 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Greatstone Close, New Romney was last sold on 12th July 2024 for £280,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2024, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Greatstone Close, New Romney within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 3, Greatstone Close, New Romney, TN28 8QD, a freehold house which sold for £260,000 on the 26th July 2024.
Read more about house prices in TN28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Greatstone Close, New Romney, TN28 has a total of 6 addresses. According to our analysis of all the public data, 2, Greatstone Close, New Romney is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £77k less expensive than the average property in TN28.
The closest station to 2, Greatstone Close, New Romney is Appledore (Kent) station which is 9.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Greatstone Close, New Romney, 49.8% of property is privately owned outright and 30.4% is privately owned with a mortgage.
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 2, Greatstone Close, New Romney, 14.0% of residents are recorded as possessing school level qualifications and 21.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Greatstone Close, New Romney, the average age was 49.5 and the most common age was 72.
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 2, Greatstone Close, New Romney, 1.5% 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 2, Greatstone Close, New Romney, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.