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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Palmer Drive, Hythe is £181,558 and the estimated rental value is £845 per month.
Palmer Drive, Hythe, CT21 is located in the borough of Folkestone and Hythe within the CT21 postal district.
8, Palmer Drive, Hythe has no records in the the Land Registry and a single entry in the EPC database dated October 2011.
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.
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 8, Palmer Drive, Hythe is in very good condition we estimate a sale value of £190,636 and a rental value of £888 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,849 and a rental value of £786 per month.
Over the last 12 months the sale value of 8 Palmer Drive Hythe has decreased by an estimated £11,139 (6.1%) and its rental value has increased by an estimated £2 per month (0.2%), giving an expected gross yield of 5.6%.
8, Palmer Drive, Hythe has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Oct 2011.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 490 metres radius of 8, Palmer Drive, Hythe over the last 2 years.
The most recent example is 2 Waterside Court, St. Leonards Road, Hythe, CT21 6EE, a freehold house which sold for £222,500 on the 25th September 2020.
Read more about house prices in CT21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmer Drive, Hythe, CT21 has a total of 26 addresses. According to our analysis of all the public data, 8, Palmer Drive, Hythe is the largest and the 13th most expensive property on the street.
When compared to the postcode district it is £223k less expensive than the average property in CT21.
The closest station to 8, Palmer Drive, Hythe is Sandling station which is 2.6 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Palmer Drive, Hythe, 29.8% of property is privately owned outright and 24.2% is privately rented.
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 8, Palmer Drive, Hythe, 16.2% of residents are recorded as possessing school level qualifications and 32.6% 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 8, Palmer Drive, Hythe, the average age was 50.9 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 8, Palmer Drive, Hythe, 1.6% 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 8, Palmer Drive, Hythe, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.