Flat 2, Merchant House 13
Flat 2, Merchant House 13
Description & Estimates
Flat 2, Merchant House 13, Folkestone is described in the public record as a modern apartment with 592 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, Merchant House 13, Folkestone is £71,997 and its rental estimate is £460 per month, given the available information and assuming reasonable condition.
Merchant House, Salisbury Mews is a residential building on Salisbury Mews, Folkestone, CT19 and falls within the CT19 postal district and the borough of Folkestone and Hythe.
Our Data Sources
Flat 2, Merchant House 13, Folkestone has no records in the the Land Registry and a single entry in the EPC database dated January 2016.
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 2, Merchant House 13, Folkestone, we estimate a market value of £75,597 and a rental value of £483 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £66,958 and £428 per month respectively.
Recent Market Change
Over the last year, Flat 2, Merchant House 13, Folkestone has seen its estimated sale value drop by £3,905 (5.4%) and its estimated rental value rise by £8 per month (1.7%). This results in an estimated gross rental yield of 7.7%.
Energy Efficiency
Flat 2, Merchant House 13, Folkestone has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Jan 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 560 metres of Flat 2, Merchant House 13, Folkestone, per the Land Registry and our network of Estate Agents.
The latest, on the 30th June 2023, was 5, Salisbury Mews, Folkestone, CT19 4FA, a leasehold house which sold for £135,000.
Read more about house prices in CT19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 18 addresses on Salisbury Mews, Folkestone, CT19, Flat 2, Merchant House 13, Folkestone comes out as the 18th largest and the 18th most expensive in our analysis of the public data.
It is also £215k less expensive than the average property across the CT19 district.
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Schools Nearby
- 200mHarcourt Primary School
- 500mAll Soul's Church of England Primary School
- 700mMorehall Primary School and Nursery
- 500mTurner Free School
- 1.2kmThe Harvey Grammar School
- 1.7kmFolkestone Academy
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Public Transport Nearby
From Flat 2, Merchant House 13, Folkestone, the nearest station is Folkestone West, 1.2 kilometres away.
- 1.2kmFolkestone West
- 2.1kmFolkestone Central
- 5.4kmSandling
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.
