4, Steel Close
4, Steel Close
Description & Estimates
Public records show 4, Steel Close, Herne Bay to be a modern leasehold apartment with 656 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
4, Steel Close, Herne Bay has an estimated sale value of £204,027 and an estimated rental value of £872 per month, assuming reasonable condition and based on the information available.
Steel Close, Herne Bay, CT6 lies in the borough of Canterbury, within the CT6 postal district.
Our Data Sources
4, Steel Close, Herne Bay has a single entry in the Land Registry from October 2021 and a single entry in the EPC database dated October 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 4, Steel Close, Herne Bay would be worth £214,228, with a potential rental value of £916 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £189,745, with a rental value of £811 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 4, Steel Close, Herne Bay has moved down by £7,496 (3.7%) over the last year. During the same period, its estimated monthly rental value has increased by £23 (2.6%). The property's estimated gross yield is currently 5.1%.
Energy Efficiency
4, Steel Close, Herne Bay has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Oct 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
4, Steel Close, Herne Bay last changed hands on 27th October 2021, selling for £230,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 27.4% since October 2021.
- Sold Oct 2021£230,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 800 metres of 4, Steel Close, Herne Bay across the last 2 years.
Most recently, 18, Steel Close, Herne Bay, CT6 5HQ, a leasehold flat, sold at £240,000 on the 6th December 2024.
Read more about house prices in CT6.
- Sold Dec 2024£240,000 | 2 Bed Flat18, Steel Close, Herne Bay, CT6 5HQ18, Steel Close, Herne Bay, CT6 5HQ
- Sold Jan 2022£235,000 | 2 Bed Flat15, Steel Close, Herne Bay, CT6 5HQ15, Steel Close, Herne Bay, CT6 5HQ
- Sold Nov 2021£240,000 | 2 Bed Flat22, Steel Close, Herne Bay, CT6 5HQ22, Steel Close, Herne Bay, CT6 5HQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 4, Steel Close, Herne Bay as the 26th largest and the 26th most expensive of the 32 addresses on Steel Close, Herne Bay, CT6.
Against the CT6 postcode district average, it is £123k less expensive than the typical property.
More reading links
Schools Nearby
- 1.1kmHerne Bay Infant School
- 1.2kmHerne Bay Junior School
- 1.2kmHerne Church of England Junior School
- 900mHerne Bay High School
- 5.3kmOrion Spires
- 6.0kmThe Whitstable School
More reading links
Public Transport Nearby
Herne Bay station is the nearest stop to 4, Steel Close, Herne Bay at 800 metres away.
- 800mHerne Bay
- 3.9kmChestfield & Swalecliffe
- 6.3kmWhitstable
Risk of Flooding
Environment Agency data suggests this area has a medium risk of flooding.
