Flat 3, 60
Flat 3, 60
Description & Estimates
Flat 3, 60, Albany Drive, Herne Bay is recorded publicly as a period leasehold apartment across 398 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 3, 60, Albany Drive, Herne Bay is £127,075 and its rental estimate is £655 per month, given the available information and assuming reasonable condition.
60, Albany Drive is a residential building on Albany Drive, Herne Bay, CT6 and falls within the CT6 postal district and the borough of Canterbury.
Our Data Sources
Flat 3, 60, Albany Drive, Herne Bay has 41 entries in the Land Registry , most recently in July 2021 and a single entry in the EPC database dated March 2013.
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 3, 60, Albany Drive, Herne Bay, we estimate a market value of £133,428 and a rental value of £688 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £118,179 and £609 per month respectively.
Recent Market Change
Over the last year, Flat 3, 60, Albany Drive, Herne Bay has seen its estimated sale value decrease by £2,809 (2.2%) and its estimated rental value grow by £23 per month (3.5%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
Flat 3, 60, Albany Drive, Herne Bay has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Mar 2013.
The property is not connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 3, 60, Albany Drive, Herne Bay completed on 14th July 2021 at £145,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 7.1% over the period since July 2021.
- Sold Jul 2021£145,000
- Sold Feb 2019£134,995
- Sold Aug 2004£78,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to Flat 3, 60, Albany Drive, Herne Bay have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th April 2022, was Flat 1, 24, Avenue Road, Herne Bay, CT6 8TB, a leasehold flat which sold for £141,000.
Read more about house prices in CT6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 137 addresses on Albany Drive, Herne Bay, CT6, Flat 3, 60, Albany Drive, Herne Bay comes out as the 136th largest and the 137th most expensive in our analysis of the public data.
It is also £200k less expensive than the average property across the CT6 district.
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Schools Nearby
- 700mHampton Primary School
- 1.1kmHerne Bay Infant School
- 1.2kmHerne Bay Junior School
- 900mHerne Bay High School
- 5.6kmThe Whitstable School
- 6.8kmOrion Spires
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Public Transport Nearby
From Flat 3, 60, Albany Drive, Herne Bay, the nearest station is Herne Bay, 700 metres away.
- 700mHerne Bay
- 3.3kmChestfield & Swalecliffe
- 5.7kmWhitstable
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.
