3, Mill Bank
3, Mill Bank
Description & Estimates
According to the public record, 3, Mill Bank, Romney Marsh is a mid-century house with 484 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 3, Mill Bank, Romney Marsh is £191,861 and the estimated rental value is £893 per month.
Mill Bank, Lydd, Romney Marsh, TN29 is located in the borough of Folkestone and Hythe within the TN29 postal district.
Our Data Sources
3, Mill Bank, Romney Marsh has no records in the the Land Registry and a single entry in the EPC database dated June 2024.
We combine this information with public data 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
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 3, Mill Bank, Romney Marsh is in very good condition we estimate a sale value of £201,454 and a rental value of £938 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,431 and a rental value of £831 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, Mill Bank, Romney Marsh has dropped by £6,488 (3.4%), while its estimated rental value has risen by £23 per month (2.6%). Based on current estimates, the property offers a gross rental yield of 5.6%.
Energy Efficiency
3, Mill Bank, Romney Marsh has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jun 2024.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Mill Bank, Romney Marsh within a radius of 4.3 kilometres over the last 2 years.
The most recent example is 5, Eastern Road, Romney Marsh, TN29 9EE, a freehold house which sold for £215,000 on the 10th December 2021.
Read more about house prices in TN29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Mill Bank, Lydd, Romney Marsh, TN29 has a total of 4 addresses. According to our analysis of all the public data, 3, Mill Bank, Romney Marsh is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in TN29.
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Schools Nearby
- 200mLydd Primary School
- 4.2kmGreatstone Primary School
- 5.3kmSt Nicholas Church of England Primary Academy
- 5.3kmThe Marsh Academy
- 12.0kmRye College
- 18.7kmBrockhill Park Performing Arts College
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Public Transport Nearby
The closest station to 3, Mill Bank, Romney Marsh is Appledore (Kent) station, which is 11.2 kilometres away.
- 11.2kmAppledore (Kent)
- 12.0kmRye (Sussex)
- 13.7kmHam Street
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
