Flat 3, Merchant House 13
Flat 3, Merchant House 13
Description & Estimates
According to the public record, Flat 3, Merchant House 13, Folkestone is a modern apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, Merchant House 13, Folkestone is £76,216 and the estimated rental value is £476 per month.
The apartment is within Merchant House, Salisbury Mews, Folkestone, CT19.
Salisbury Mews, Folkestone, CT19 is located in the borough of Folkestone and Hythe within the CT19 postal district.
Our Data Sources
Flat 3, 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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 3, Merchant House 13, Folkestone is in very good condition we estimate a sale value of £80,027 and a rental value of £499 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £70,881 and a rental value of £442 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 3, Merchant House 13, Folkestone has dropped by £4,133 (5.4%), while its estimated rental value has risen by £8 per month (1.7%). Based on current estimates, the property offers a gross rental yield of 7.5%.
Energy Efficiency
Flat 3, 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
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within 560 metres of Flat 3, Merchant House 13, Folkestone over the last 2 years.
The most recent example is 5, Salisbury Mews, Folkestone, CT19 4FA, a leasehold house which sold for £135,000 on the 30th June 2023.
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
Salisbury Mews, Folkestone, CT19 has a total of 18 addresses. According to our analysis of all the public data, Flat 3, Merchant House 13, Folkestone is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £211k less expensive than the average property in CT19.
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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
More reading links
Public Transport Nearby
The closest station to Flat 3, Merchant House 13, Folkestone is Folkestone West station, which is 1.2 kilometres away.
- 1.2kmFolkestone West
- 2.1kmFolkestone Central
- 5.4kmSandling
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
