Flat 1, 2
Flat 1, 2
Description & Estimates
Flat 1, 2, St. Georges Terrace, Herne Bay is recorded publicly as a period leasehold apartment across 559 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 1, 2, St. Georges Terrace, Herne Bay is £167,562 and its rental estimate is £802 per month, given the available information and assuming reasonable condition.
2, St. Georges Terrace is a residential building on St. Georges Terrace, Herne Bay, CT6 and falls within the CT6 postal district and the borough of Canterbury.
Our Data Sources
Flat 1, 2, St. Georges Terrace, Herne Bay has 2 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated November 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 1, 2, St. Georges Terrace, Herne Bay, we estimate a market value of £175,940 and a rental value of £842 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £155,833 and £745 per month respectively.
Recent Market Change
Over the last year, Flat 1, 2, St. Georges Terrace, Herne Bay has seen its estimated sale value move down by £6,156 (3.7%) and its estimated rental value increase by £21 per month (2.6%). This results in an estimated gross rental yield of 5.7%.
Energy Efficiency
Flat 1, 2, St. Georges Terrace, Herne Bay has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Nov 2019.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 1, 2, St. Georges Terrace, Herne Bay completed on 8th December 2023 at £196,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 2.3% over the period since December 2023.
- Sold Dec 2023£196,000
- Sold May 2020£94,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 2, St. Georges Terrace, Herne Bay have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd May 2023, was Flat 2, 2, St. Georges Terrace, Herne Bay, CT6 8RG, a leasehold flat which sold for £112,000.
Read more about house prices in CT6.
- Sold May 2023£112,000 | 2 Bed Flat2, St. Georges TerraceFlat 2, 2, St. Georges Terrace, Herne Bay, CT6 8RG
- Sold Sep 2022£220,000 | 2 Bed Flat1, St. Georges TerraceFlat 3, 1, St. Georges Terrace, Herne Bay, CT6 8RG
- Sold Feb 2022£225,000 | 2 Bed Flat1, St. Georges TerraceFlat 4, 1, St. Georges Terrace, Herne Bay, CT6 8RG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 126 addresses on St. Georges Terrace, Herne Bay, CT6, Flat 1, 2, St. Georges Terrace, Herne Bay comes out as the 100th largest and the 52nd most expensive in our analysis of the public data.
It is also £159k less expensive than the average property across the CT6 district.
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Schools Nearby
- 800mHerne Bay Junior School
- 800mHerne Bay Infant School
- 1.3kmHampton Primary School
- 1.2kmHerne Bay High School
- 6.1kmThe Whitstable School
- 6.8kmOrion Spires
More reading links
Public Transport Nearby
From Flat 1, 2, St. Georges Terrace, Herne Bay, the nearest station is Herne Bay, 800 metres away.
- 800mHerne Bay
- 3.8kmChestfield & Swalecliffe
- 6.2kmWhitstable
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
