Flat 2, 62
Flat 2, 62
Description & Estimates
Flat 2, 62, St. Michaels Street, Folkestone is recorded publicly as a period leasehold apartment across 484 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 62, St. Michaels Street, Folkestone is £92,906 and its rental estimate is £610 per month, given the available information and assuming reasonable condition.
62, St. Michaels Street is a residential building on St. Michaels Street, Folkestone, CT20 and falls within the CT20 postal district and the borough of Folkestone and Hythe.
Our Data Sources
Flat 2, 62, St. Michaels Street, Folkestone has 31 entries in the Land Registry , most recently in March 2017 and a single entry in the EPC database dated December 2016.
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 2, 62, St. Michaels Street, Folkestone, we estimate a market value of £97,552 and a rental value of £640 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £86,403 and £567 per month respectively.
Recent Market Change
Over the last year, Flat 2, 62, St. Michaels Street, Folkestone has seen its estimated sale value drop by £4,067 (4.4%) and its estimated rental value rise by £13 per month (2.1%). This results in an estimated gross rental yield of 7.9%.
Energy Efficiency
Flat 2, 62, St. Michaels Street, Folkestone has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Dec 2016.
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 2, 62, St. Michaels Street, Folkestone completed on 13th March 2017 at £68,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 70.6% over the period since March 2017.
- Sold Mar 2017£68,000
- Sold Nov 2003£67,000
- Sold Apr 1997£20,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 62, St. Michaels Street, Folkestone have sold within a radius of 310 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th March 2025, was Flat 6, 70, Harbour Way, Folkestone, CT20 1LZ, a leasehold flat which sold for £95,000.
Read more about house prices in CT20.
- Sold Mar 2025£95,000 | 2 Bed Flat70, Harbour WayFlat 6, 70, Harbour Way, Folkestone, CT20 1LZ
- Sold Apr 2024£64,800 | 2 Bed FlatSt. Michaels Street46A, St. Michaels Street, Folkestone, CT20 1LP
- Sold Aug 2023£80,000 | 2 Bed Flat62, St. Michaels StreetFlat 4, 62, St. Michaels Street, Folkestone, CT20 1LP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 90 addresses on St. Michaels Street, Folkestone, CT20, Flat 2, 62, St. Michaels Street, Folkestone comes out as the 75th largest and the 80th most expensive in our analysis of the public data.
It is also £194k less expensive than the average property across the CT20 district.
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Schools Nearby
- 300mFolkestone, St Peter's Church of England Primary School
- 300mSt Eanswythe's Church of England Primary School
- 600mChrist Church Cep Academy, Folkestone
- 1.6kmFolkestone Academy
- 1.9kmThe Harvey Grammar School
- 2.3kmThe Folkestone School for Girls
More reading links
Public Transport Nearby
From Flat 2, 62, St. Michaels Street, Folkestone, the nearest station is Folkestone Central, 1.0 kilometres away.
- 1.0kmFolkestone Central
- 2.1kmFolkestone West
- 8.3kmSandling
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.
