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According to the public record, 5 River Mews, Romney Marsh is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,541 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5 River Mews, Romney Marsh is £428,843 and the estimated rental value is £1,605 per month.
Brenzett, Romney Marsh, TN29 is located in the borough of Folkestone and Hythe within the TN29 postal district.
5 River Mews, Romney Marsh has a single entry in the Land Registry from April 2021 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 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 5 River Mews, Romney Marsh is in very good condition we estimate a sale value of £450,285 and a rental value of £1,685 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £398,824 and a rental value of £1,493 per month.
Over the last 12 months the sale value of 5 River Mews Romney Marsh has decreased by an estimated £15,785 (3.7%) and its rental value has increased by an estimated £35 per month (2.2%), giving an expected gross yield of 4.5%.
According to HM Land Registry, 5 River Mews, Romney Marsh was last sold on 13th April 2021 for £427,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2021, the market for similar properties has dropped 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 River Mews, Romney Marsh within a radius of 6.2 kilometres over the last 2 years.
The most recent example is 1 River Mews, Romney Marsh, TN29 9UG, a freehold house which sold for £439,950 on the 10th September 2021.
Read more about house prices in TN29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brenzett, Romney Marsh, TN29 has a total of 95 addresses. According to our analysis of all the public data, 5 River Mews, Romney Marsh is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £111k more expensive than the average property in TN29.
The closest station to 5 River Mews, Romney Marsh is Appledore (Kent) station which is 3.6 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 5 River Mews, Romney Marsh, 40.4% of property is privately owned outright and 28.7% 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 5 River Mews, Romney Marsh, 18.2% of residents are recorded as possessing school level qualifications and 19.3% 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 5 River Mews, Romney Marsh, the average age was 49.9 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 5 River Mews, Romney Marsh, 0.9% 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 5 River Mews, Romney Marsh, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.