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According to the public record, 2, Park Road, Herne Bay is a period house with 656 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Park Road, Herne Bay is £222,534 and the estimated rental value is £1,181 per month.
Park Road, Herne Bay, CT6 is located in the borough of Canterbury within the CT6 postal district.
2, Park Road, Herne Bay has no records in the the Land Registry and a single entry in the EPC database dated September 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Park Road, Herne Bay is in very good condition we estimate a sale value of £233,661 and a rental value of £1,240 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,957 and a rental value of £1,098 per month.
Over the last 12 months the sale value of 2 Park Road Herne Bay has decreased by an estimated £6,158 (2.8%) and its rental value has increased by an estimated £23 per month (2.0%), giving an expected gross yield of 6.4%.
2, Park Road, Herne Bay has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Sep 2023.
The property is not connected to mains gas and has full secondary glazing. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Park Road, Herne Bay within a radius of 420 metres over the last 2 years.
The most recent example is 81B, William Street, Herne Bay, CT6 5NR, a freehold house which sold for £157,500 on the 14th February 2020.
Read more about house prices in CT6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Herne Bay, CT6 has a total of 35 addresses. According to our analysis of all the public data, 2, Park Road, Herne Bay is the 21st largest and the 17th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in CT6.
The closest station to 2, Park Road, Herne Bay is Herne Bay station which is 900 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Park Road, Herne Bay, 42.6% of property is privately owned with a mortgage and 30.3% is privately owned outright.
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, Park Road, Herne Bay, 22.6% of residents are recorded as possessing school level qualifications and 27.7% 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, Park Road, Herne Bay, the average age was 44.6 and the most common age was 57.
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, Park Road, Herne Bay, 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 2, Park Road, Herne Bay, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.