Flat 1, South Lodge
Flat 1, South Lodge
Description & Estimates
Flat 1, South Lodge, Folkestone is recorded publicly as a period Leasehold apartment across 1,614 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Flat 1, South Lodge, Folkestone is £614,792 and its rental estimate is £2,625 per month, given the available information and assuming reasonable condition.
South Lodge, Undercliff is a residential building on Undercliff, Sandgate, Folkestone, CT20 and falls within the CT20 postal district and the borough of Folkestone and Hythe.
Our Data Sources
Flat 1, South Lodge, Folkestone has 21 entries in the Land Registry , most recently in February 2012 and a single entry in the EPC database dated October 2011.
We combine this information with that 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, South Lodge, Folkestone, we estimate a market value of £645,532 and a rental value of £2,756 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £571,757 and £2,441 per month respectively.
Recent Market Change
Over the last year, Flat 1, South Lodge, Folkestone has seen its estimated sale value move down by £31,397 (5.1%) and its estimated rental value increase by £1 per month (0.0%). This results in an estimated gross rental yield of 5.1%.
Energy Efficiency
Flat 1, South Lodge, Folkestone has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Oct 2011.
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, South Lodge, Folkestone completed on 10th February 2012 at £585,000 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 56.9% over the period since February 2012.
- Sold Feb 2012£585,000
- Sold May 1996£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, South Lodge, Folkestone have sold within a radius of 830 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st January 2020, was 1 Castle Close 4, Castle Road, Folkestone, CT20 3AG, a leasehold flat which sold for £450,000.
Read more about house prices in CT20.
- Sold Jan 2020£450,000 | 3 Bed Flat1 Castle Close 4, Castle Road, Folkestone, CT20 3AG1 Castle Close 4, Castle Road, Folkestone, CT20 3AG
- Sold Feb 2017£495,000 | 3 Bed FlatFlat 2, Tower Court 101-103, Sandgate High Street, Folkestone, CT20 3BYFlat 2, Tower Court 101-103, Sandgate High Street, Folkestone, CT20 3BY
- Sold Jul 2012£395,000 | 3 Bed FlatFlat 3, The View, Wellington Place, Folkestone, CT20 3AYFlat 3, The View, Wellington Place, Folkestone, CT20 3AY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 17 addresses on Undercliff, Sandgate, Folkestone, CT20, Flat 1, South Lodge, Folkestone comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £328k more expensive than the average property across the CT20 district.
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Schools Nearby
- 800mSandgate Primary School
- 1.5kmAll Soul's Church of England Primary School
- 1.6kmCheriton Primary School
- 600mThe Folkestone School for Girls
- 1.6kmThe Harvey Grammar School
- 1.8kmTurner Free School
More reading links
Public Transport Nearby
From Flat 1, South Lodge, Folkestone, the nearest station is Folkestone West, 1.3 kilometres away.
- 1.3kmFolkestone West
- 2.1kmFolkestone Central
- 5.6kmSandling
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.
