Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
According to the public record, Tower Mill, Romney Marsh is a modern freehold house with 1,291 ft2 of internal area and sits on a 6,477 m2 plot.
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 Tower Mill, Romney Marsh is £805,265 and the estimated rental value is £2,575 per month.
Newchurch, Romney Marsh, TN29 is located in the borough of Folkestone and Hythe within the TN29 postal district.
Tower Mill, Romney Marsh has a single entry in the Land Registry from November 2023 and a single entry in the EPC database dated March 2023.
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 Tower Mill, Romney Marsh is in very good condition we estimate a sale value of £845,529 and a rental value of £2,704 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £748,897 and a rental value of £2,395 per month.
Over the last 12 months the sale value of Tower Mill Romney Marsh has decreased by an estimated £29,641 (3.7%) and its rental value has increased by an estimated £57 per month (2.2%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, Tower Mill, Romney Marsh sits on a plot of 6477m2.
We have plot size data on 5 out of 5 other houses in the postcode and Tower Mill, Romney Marsh sits on the 2nd largest plot.
Tower Mill, Romney Marsh has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Mar 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Tower Mill, Romney Marsh was last sold on 10th November 2023 for £850,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2023, the market for similar properties has dropped 26.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Tower Mill, Romney Marsh within a radius of 4.7 kilometres over the last 2 years.
The most recent example is 11, Church Road, Romney Marsh, TN29 0JG, a freehold house which sold for £300,000 on the 28th May 2020.
Read more about house prices in TN29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newchurch, Romney Marsh, TN29 has a total of 79 addresses. According to our analysis of all the public data, Tower Mill, Romney Marsh is the 46th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £487k more expensive than the average property in TN29.
The closest station to Tower Mill, Romney Marsh is Ham Street station which is 6.2 kilometres away.
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 Tower Mill, Romney Marsh, 49.6% of property is privately owned outright and 24.1% 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 Tower Mill, Romney Marsh, 15.4% of residents are recorded as possessing school level qualifications and 26.3% 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 Tower Mill, 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 Tower Mill, Romney Marsh, 1.2% 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 Tower Mill, Romney Marsh, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.
