3, Iron Way
3, Iron Way
Description & Estimates
3, Iron Way, Herne Bay is described in the public record as a modern house with 893 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Iron Way, Herne Bay is £324,235 and its rental estimate is £1,469 per month, given the available information and assuming reasonable condition.
Iron Way, Herne Bay, CT6 falls within the CT6 postal district, in the borough of Canterbury.
Our Data Sources
3, Iron Way, Herne Bay has no records in the the Land Registry and a single entry in the EPC database dated January 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.
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 3, Iron Way, Herne Bay, we estimate a market value of £340,447 and a rental value of £1,543 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £301,539 and £1,367 per month respectively.
Recent Market Change
Over the last year, 3, Iron Way, Herne Bay has seen its estimated sale value move down by £12,095 (3.7%) and its estimated rental value increase by £30 per month (2.1%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
3, Iron Way, Herne Bay has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jan 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Iron Way, Herne Bay have sold within a radius of 940 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2023, was 18, Green Lane, Herne Bay, CT6 5FX, a freehold house which sold for £345,000.
Read more about house prices in CT6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 4 addresses on Iron Way, Herne Bay, CT6, 3, Iron Way, Herne Bay comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £2k less expensive than the average property across the CT6 district.
More reading links
Schools Nearby
- 900mThornden Wood Primary School
- 1.3kmHampton Primary School
- 1.5kmHerne Church of England Junior School
- 700mHerne Bay High School
- 5.3kmOrion Spires
- 5.4kmThe Whitstable School
More reading links
Public Transport Nearby
From 3, Iron Way, Herne Bay, the nearest station is Herne Bay, 1.0 kilometres away.
- 1.0kmHerne Bay
- 3.3kmChestfield & Swalecliffe
- 5.7kmWhitstable
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
