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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
According to the public record, 50A, Guildhall Street, Folkestone is a period leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 50A, Guildhall Street, Folkestone is £162,537 and the estimated rental value is £968 per month.
The apartment is within 50, Guildhall Street, Folkestone, CT20.
Guildhall Street, Folkestone, CT20 is located in the borough of Folkestone and Hythe within the CT20 postal district.
50A, Guildhall Street, Folkestone has 31 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated December 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 50A, Guildhall Street, Folkestone is in very good condition we estimate a sale value of £170,664 and a rental value of £1,016 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £151,160 and a rental value of £900 per month.
Over the last 12 months the sale value of 50A Guildhall Street Folkestone has decreased by an estimated £6,992 (4.3%) and its rental value has increased by an estimated £29 per month (3.0%), giving an expected gross yield of 7.1%.
50A, Guildhall Street, Folkestone has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 28 Dec 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 50A, Guildhall Street, Folkestone was last sold on 29th April 2022 for £179,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since April 2022, the market for similar properties has risen 8.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50A, Guildhall Street, Folkestone within a radius of 310 metres over the last 2 years.
The most recent example is 21, Grace Hill, Folkestone, CT20 1HA, a leasehold flat which sold for £64,000 on the 15th October 2021.
Read more about house prices in CT20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Guildhall Street, Folkestone, CT20 has a total of 206 addresses. According to our analysis of all the public data, 50A, Guildhall Street, Folkestone is the 61st largest and the 146th most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in CT20.
The closest station to 50A, Guildhall Street, Folkestone is Folkestone Central station which is 800 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 50A, Guildhall Street, Folkestone, 80.7% of property is privately rented and 9.6% 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 50A, Guildhall Street, Folkestone, 21.5% of residents are recorded as possessing school level qualifications and 26.4% 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 50A, Guildhall Street, Folkestone, the average age was 39.9 and the most common age was 32.
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 50A, Guildhall Street, Folkestone, 0.7% 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 50A, Guildhall Street, Folkestone, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
