Flat 1, 61
Flat 1, 61
Description & Estimates
Flat 1, 61, Florence Road, Maidstone is described in the public record as a period apartment with 484 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat 1, 61, Florence Road, Maidstone is £114,424 and its rental estimate is £720 per month, given the available information and assuming reasonable condition.
61, Florence Road is a residential building on Florence Road, Maidstone, ME16 and falls within the ME16 postal district and the borough of Maidstone.
Our Data Sources
Flat 1, 61, Florence Road, Maidstone has no records in the the Land Registry and a single entry in the EPC database dated December 2021.
We combine this information with public data 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.
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, 61, Florence Road, Maidstone, we estimate a market value of £120,145 and a rental value of £756 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £106,414 and £669 per month respectively.
Recent Market Change
Over the last year, Flat 1, 61, Florence Road, Maidstone has seen its estimated sale value move up by £1,412 (1.2%) and its estimated rental value increase by £13 per month (1.8%). This results in an estimated gross rental yield of 7.5%.
Energy Efficiency
Flat 1, 61, Florence Road, Maidstone has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Dec 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Flat 1, 61, Florence Road, Maidstone has sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th December 2023, was Flat 3, 62, Tonbridge Road, Maidstone, ME16 8SE, a leasehold flat which sold for £160,000.
Read more about house prices in ME16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 110 addresses on Florence Road, Maidstone, ME16, Flat 1, 61, Florence Road, Maidstone comes out as the 109th largest and the 109th most expensive in our analysis of the public data.
It is also £236k less expensive than the average property across the ME16 district.
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Schools Nearby
- 100mMaidstone, St Michael's Church of England Junior School
- 100mSt Michael's Church of England Infant School Maidstone
- 400mArchbishop Courtenay Primary School
- 1.0kmSt Augustine Academy
- 1.0kmOakwood Park Grammar School
- 1.3kmSt Simon Stock Catholic School
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Public Transport Nearby
From Flat 1, 61, Florence Road, Maidstone, the nearest station is Maidstone West, 300 metres away.
- 300mMaidstone West
- 1.0kmMaidstone Barracks
- 1.2kmMaidstone East
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
