Flat 11, Bank House Mountfield Road, New Romney, TN28 8LH is a leasehold flat built between 1996-2002. The property offers approximately 872 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £139,976 , which equates to approximately £161 per square foot. It was last sold on 12 Nov 2018 for £120,000. Since then, the value has increased by £19,976, representing a 16.6% increase, or approximately 2.3% per year.

The current estimated value of £139,976 is:

  • 40.3% lower than the average property price on Mountfield Road
  • 47.9% lower than the average in the TN28 8LH postcode area
  • and 64.6% lower than the average price for New Romney as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 6 November 2017, the property was recorded as owner-occupied.

View sold house prices in TN28 8LH

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
872 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£139,976
Price Per sq ft (estimate)
£161
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 11, Bank House Mountfield Road, New Romney, Shepway, Kent, TN28 8LH has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 6 Nov 2017.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 23 Mar 2010. The rating of D is unchanged, though the energy efficiency score decreased by 4.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The roof construction or insulation changed from pitched, insulated (assumed) to roof room(s), insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 16% of fixed outlets to no low energy lighting, with efficiency changing from poor to very poor.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Roof room(s), insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to TN28 8LH

24 th / 39
Price Rank
48% lower than average
7 th / 19
Size Rank
1% bigger than average
19 th / 19
Price Per Sq FT Rank
48% lower than average

Compared to other properties in TN28 8LH , this flat's estimated value ranks 24th out of 39. Based on price per square foot, it ranks 19th out of 19 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 7th out of 19 properties in its postcode area.

Sale History

Today
£139,976
streetscan.co.uk estimate
+17 %
12 Nov 2018
£120,000
Leasehold
+54.8 %
7 Mar 2014
£77,500
Leasehold
+49 %
27 Apr 2001
£52,000
Leasehold

Area Insights

Nearby Properties

rooms: 2
size: 463 sq ft
sale price: £121,000
sale date: 19 Jul 2023
rooms: 3
size: 409 sq ft
sale price: £136,000
sale date: 28 Jun 2019
rooms: 2
size: 355 sq ft
sale price: £55,000
sale date: 29 Oct 2002
rooms: 2
size: 344 sq ft
sale price: £60,000
sale date: 8 Oct 2003
rooms: 3
size: 409 sq ft
sale price: £112,500
sale date: 21 Sep 2007

Data Sources

The property at Flat 11, Bank House Mountfield Road, New Romney, TN28 8LH appears three times in the Land Registry records, with the latest transaction recorded on 12 Nov 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Nov 2017. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.