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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Cherry Tree Farm, Faversham is £905,534 and the estimated rental value is £1,996 per month.
Grove Road, Selling, Faversham, ME13 is located in the borough of Swale within the ME13 postal district.
Cherry Tree Farm, Faversham has a single entry in the Land Registry from October 2024 and a single entry in the EPC database dated June 2016.
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.
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 Cherry Tree Farm, Faversham is in very good condition we estimate a sale value of £950,811 and a rental value of £2,095 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £842,147 and a rental value of £1,856 per month.
Over the last 12 months the sale value of Cherry Tree Farm Faversham has decreased by an estimated £23,622 (2.6%) and its rental value has increased by an estimated £31 per month (1.5%), giving an expected gross yield of 2.6%.
According to data from HM Land Registry, Cherry Tree Farm, Faversham sits on a plot of 7698m2.
We have plot size data on 4 out of 4 other houses in the postcode and Cherry Tree Farm, Faversham sits on the 3rd largest plot.
Cherry Tree Farm, Faversham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jun 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, oil.
According to HM Land Registry, Cherry Tree Farm, Faversham was last sold on 30th October 2024 for £935,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2024, the market for similar properties has dropped 16.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Cherry Tree Farm, Faversham within a radius of 4.2 kilometres over the last 2 years.
The most recent example is School Farm, Canterbury, CT4 8JS, a freehold house which sold for £895,000 on the 7th August 2024.
Read more about house prices in ME13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grove Road, Selling, Faversham, ME13 has a total of 18 addresses. According to our analysis of all the public data, Cherry Tree Farm, Faversham is the 11th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £540k more expensive than the average property in ME13.
The closest station to Cherry Tree Farm, Faversham is Selling station which is 1.9 kilometres away.
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 Cherry Tree Farm, Faversham, 58.9% of property is privately owned outright and 33.1% 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 Cherry Tree Farm, Faversham, 14.2% of residents are recorded as possessing school level qualifications and 46.1% 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 Cherry Tree Farm, 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 Cherry Tree Farm, Faversham, 2.5% 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 Cherry Tree Farm, 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.