Flat 3, 62
Flat 3, 62
Description & Estimates
The public record describes Flat 3, 62, St. Michaels Street, Folkestone as a period apartment with 409 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 3, 62, St. Michaels Street, Folkestone has an estimated sale value of £84,782 and an estimated rental value of £551 per month, assuming reasonable condition and based on the information available.
The apartment sits within 62, St. Michaels Street, Folkestone, CT20.
St. Michaels Street, Folkestone, CT20 lies in the borough of Folkestone and Hythe, within the CT20 postal district.
Our Data Sources
Flat 3, 62, St. Michaels Street, Folkestone has no recent1 records in the the Land Registry and a single entry in the EPC database dated May 2021.
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
In very good condition, we estimate Flat 3, 62, St. Michaels Street, Folkestone would be worth £89,021, with a potential rental value of £579 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £78,848, with a rental value of £512 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 3, 62, St. Michaels Street, Folkestone has moved down by £3,582 (4.2%) over the last year. During the same period, its estimated monthly rental value has increased by £12 (2.2%). The property's estimated gross yield is currently 7.8%.
Energy Efficiency
Flat 3, 62, St. Michaels Street, Folkestone has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 3, 62, St. Michaels Street, Folkestone last changed hands on 18th October 1996, selling for £15,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Oct 1996£15,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 310 metres of Flat 3, 62, St. Michaels Street, Folkestone across the last 2 years.
Most recently, 66A, Dover Road, Folkestone, CT20 1LD, a leasehold flat, sold at £62,000 on the 15th December 2023.
Read more about house prices in CT20.
- Sold Dec 2023£62,000 | 1 Bed FlatDover Road66A, Dover Road, Folkestone, CT20 1LD
- Sold Feb 2023£91,000 | 1 Bed Flat19-21, Rendezvous StreetFlat 3, 19-21, Rendezvous Street, Folkestone, CT20 1EY
- Sold Jan 2018£169,000 | 1 Bed Flat37, St. Michaels StreetFlat 1, 37, St. Michaels Street, Folkestone, CT20 1LP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 3, 62, St. Michaels Street, Folkestone as the 84th largest and the 84th most expensive of the 90 addresses on St. Michaels Street, Folkestone, CT20.
Against the CT20 postcode district average, it is £202k less expensive than the typical property.
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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
Folkestone Central station is the nearest stop to Flat 3, 62, St. Michaels Street, Folkestone at 1.0 kilometres away.
- 1.0kmFolkestone Central
- 2.1kmFolkestone West
- 8.3kmSandling
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
