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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Bounds Oast, Faversham is recorded publicly as a modern freehold house across 2,830 ft2 of internal area, sitting on a 6,025 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Bounds Oast, Faversham is £1,093,931 and its rental estimate is £2,431 per month, given the available information and assuming reasonable condition.
Staple Street, Hernhill, Faversham, ME13 falls within the ME13 postal district, in the borough of Swale.
Bounds Oast, Faversham has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated March 2021.
We combine this information with that 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.
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 Bounds Oast, Faversham, we estimate a market value of £1,148,628 and a rental value of £2,552 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,017,356 and £2,261 per month respectively.
Over the last year, Bounds Oast, Faversham has seen its estimated sale value decrease by £29,914 (2.7%) and its estimated rental value grow by £37 per month (1.5%). This results in an estimated gross rental yield of 2.7%.
HM Land Registry records the plot of land for Bounds Oast, Faversham as measuring 6,025 m2.
That makes it the largest plot in the postcode, where 5 of the 11 other houses have recorded plot data.
Bounds Oast, Faversham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Mar 2021.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of Bounds Oast, Faversham completed on 30th September 2021 at £1,100,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 24.4% over the period since September 2021.
Over the past 2 years 3 properties similar to Bounds Oast, Faversham have sold within a radius of 3.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th August 2024, was 5 Bounds Meadow, The Street, Faversham, ME13 9GA, a freehold house which sold for £870,000.
Read more about house prices in ME13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 33 addresses on Staple Street, Hernhill, Faversham, ME13, Bounds Oast, Faversham comes out as the 3rd largest and the 2nd most expensive in our analysis of the public data.
It is also £728k more expensive than the average property across the ME13 district.
From Bounds Oast, Faversham, the nearest station is Selling, 2.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Bounds Oast, Faversham, 37.3% of property is privately owned outright and 26.9% 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 Bounds Oast, Faversham, 19.1% of residents are recorded as possessing school level qualifications and 35.8% 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 Bounds Oast, 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 Bounds Oast, Faversham, 2.4% 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 Bounds Oast, Faversham, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
