Flat 1, Saxon Place 9-14
Flat 1, Saxon Place 9-14
Description & Estimates
Flat 1, Saxon Place 9-14, Herne Bay is recorded publicly as a modern leasehold apartment across 538 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 1, Saxon Place 9-14, Herne Bay is £202,977 and its rental estimate is £860 per month, given the available information and assuming reasonable condition.
Saxon Place, Central Parade is a residential building on Central Parade, Herne Bay, CT6 and falls within the CT6 postal district and the borough of Canterbury.
Our Data Sources
Flat 1, Saxon Place 9-14, Herne Bay has 21 entries in the Land Registry , most recently in January 2018 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Saxon Place 9-14, Herne Bay, we estimate a market value of £213,125 and a rental value of £903 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £188,768 and £800 per month respectively.
Recent Market Change
Over the last year, Flat 1, Saxon Place 9-14, Herne Bay has seen its estimated sale value decrease by £7,457 (3.7%) and its estimated rental value grow by £22 per month (2.6%). This results in an estimated gross rental yield of 5.1%.
Energy Efficiency
Flat 1, Saxon Place 9-14, Herne Bay has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 1, Saxon Place 9-14, Herne Bay completed on 15th January 2018 at £192,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 14.6% over the period since January 2018.
- Sold Jan 2018£192,500
- Sold Nov 2006£153,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, Saxon Place 9-14, Herne Bay have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th August 2024, was Flat 7, Saxon Place 9-14, Central Parade, Herne Bay, CT6 5HT, a leasehold flat which sold for £227,800.
Read more about house prices in CT6.
- Sold Aug 2024£227,800 | 2 Bed FlatSaxon Place 9-14, Central ParadeFlat 7, Saxon Place 9-14, Central Parade, Herne Bay, CT6 5HT
- Sold Feb 2020£230,000 | 2 Bed FlatSaxon Place 9-14, Central ParadeFlat 6, Saxon Place 9-14, Central Parade, Herne Bay, CT6 5HT
- Sold Nov 2018£190,000 | 2 Bed FlatSaxon Place 9-14, Central ParadeFlat 9, Saxon Place 9-14, Central Parade, Herne Bay, CT6 5HT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 259 addresses on Central Parade, Herne Bay, CT6, Flat 1, Saxon Place 9-14, Herne Bay comes out as the 173rd largest and the 110th most expensive in our analysis of the public data.
It is also £124k less expensive than the average property across the CT6 district.
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Schools Nearby
- 600mHerne Bay Junior School
- 600mHerne Bay Infant School
- 2.2kmHampton Primary School
- 1.9kmHerne Bay High School
- 6.7kmOrion Spires
- 7.1kmThe Whitstable School
More reading links
Public Transport Nearby
From Flat 1, Saxon Place 9-14, Herne Bay, the nearest station is Herne Bay, 1.4 kilometres away.
- 1.4kmHerne Bay
- 4.8kmChestfield & Swalecliffe
- 7.2kmWhitstable
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.
