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According to the public record, 4 Forge Cottages, Faversham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 943 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4 Forge Cottages, Faversham is £392,438 and the estimated rental value is £1,498 per month.
Goodnestone, Faversham, ME13 is located in the borough of Swale within the ME13 postal district.
4 Forge Cottages, Faversham has 31 entries in the Land Registry , most recently in August 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 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 4 Forge Cottages, Faversham is in very good condition we estimate a sale value of £412,060 and a rental value of £1,573 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £364,967 and a rental value of £1,394 per month.
Over the last 12 months the sale value of 4 Forge Cottages Faversham has decreased by an estimated £6,136 (1.6%) and its rental value has increased by an estimated £24 per month (1.6%), giving an expected gross yield of 4.6%.
According to HM Land Registry, 4 Forge Cottages, Faversham was last sold on 14th August 2020 for £307,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since August 2020, the market for similar properties has dropped 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4 Forge Cottages, Faversham within a radius of 2.5 kilometres over the last 2 years.
The most recent example is Lacre, Seasalter Road, Faversham, ME13 9DA, a freehold house which sold for £440,000 on the 25th November 2024.
Read more about house prices in ME13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Goodnestone, Faversham, ME13 has a total of 6 addresses. According to our analysis of all the public data, 4 Forge Cottages, Faversham is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £24k more expensive than the average property in ME13.
The closest station to 4 Forge Cottages, Faversham is Faversham station which is 3.1 kilometres 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 4 Forge Cottages, Faversham, 64.6% of property is privately owned outright and 18.2% 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 4 Forge Cottages, Faversham, 15.6% of residents are recorded as possessing school level qualifications and 30.7% 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 4 Forge Cottages, Faversham, the average age was 45.1 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 4 Forge Cottages, Faversham, 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 4 Forge Cottages, Faversham, 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.