Flat 5, Merchant House 13
Flat 5, Merchant House 13
Description & Estimates
The public record describes Flat 5, Merchant House 13, Folkestone as a modern apartment with 678 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 5, Merchant House 13, Folkestone has an estimated sale value of £76,216 and an estimated rental value of £476 per month, assuming reasonable condition and based on the information available.
The apartment sits within Merchant House, Salisbury Mews, Folkestone, CT19.
Salisbury Mews, Folkestone, CT19 lies in the borough of Folkestone and Hythe, within the CT19 postal district.
Our Data Sources
Flat 5, 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
In very good condition, we estimate Flat 5, Merchant House 13, Folkestone would be worth £80,027, with a potential rental value of £499 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £70,881, with a rental value of £442 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 5, Merchant House 13, Folkestone has moved down by £4,133 (5.4%) over the last year. During the same period, its estimated monthly rental value has increased by £8 (1.7%). The property's estimated gross yield is currently 7.5%.
Energy Efficiency
Flat 5, 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
Land Registry records and our Estate Agent network show 3 sales within 560 metres of Flat 5, Merchant House 13, Folkestone across the last 2 years.
Most recently, 5, Salisbury Mews, Folkestone, CT19 4FA, a leasehold house, sold at £135,000 on the 30th June 2023.
Read more about house prices in CT19.
- Sold Jun 2023£135,000 | 3 Bed House5, Salisbury Mews, Folkestone, CT19 4FA5, Salisbury Mews, Folkestone, CT19 4FA
- Sold Aug 2021£217,500 | 3 Bed House6, Salisbury Road, Folkestone, CT19 4LJ6, Salisbury Road, Folkestone, CT19 4LJ
- Sold Jun 2018£112,500 | 3 Bed House4, Salisbury Mews, Folkestone, CT19 4FA4, Salisbury Mews, Folkestone, CT19 4FA
•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 5, Merchant House 13, Folkestone as the 15th largest and the 15th most expensive of the 18 addresses on Salisbury Mews, Folkestone, CT19.
Against the CT19 postcode district average, it is £211k less expensive than the typical property.
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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
Folkestone West station is the nearest stop to Flat 5, Merchant House 13, Folkestone at 1.2 kilometres away.
- 1.2kmFolkestone West
- 2.1kmFolkestone Central
- 5.4kmSandling
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.
