Flat 5, Sydney House
Flat 5, Sydney House
Description & Estimates
Flat 5, Sydney House, Folkestone is recorded publicly as a modern leasehold apartment across 818 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 5, Sydney House, Folkestone is £238,947 and its rental estimate is £1,151 per month, given the available information and assuming reasonable condition.
Sydney House, Spindle Close is a residential building on Spindle Close, Hawkinge, Folkestone, CT18 and falls within the CT18 postal district and the borough of Folkestone and Hythe.
Our Data Sources
Flat 5, Sydney House, Folkestone has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 5, Sydney House, Folkestone, we estimate a market value of £250,894 and a rental value of £1,209 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £222,221 and £1,071 per month respectively.
Recent Market Change
Over the last year, Flat 5, Sydney House, Folkestone has seen its estimated sale value drop by £14,311 (6.0%) and its estimated rental value rise by £12 per month (1.1%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
Flat 5, Sydney House, Folkestone has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Nov 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 5, Sydney House, Folkestone completed on 30th June 2022 at £295,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 30.1% over the period since June 2022.
- Sold Jun 2022£295,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, Sydney House, Folkestone have sold within a radius of 670 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th November 2022, was Flat 2, Camm House, Spindle Close, Folkestone, CT18 7UL, a leasehold flat which sold for £261,500.
Read more about house prices in CT18.
- Sold Nov 2022£261,500 | 2 Bed FlatCamm House, Spindle CloseFlat 2, Camm House, Spindle Close, Folkestone, CT18 7UL
- Sold Aug 2022£280,000 | 2 Bed FlatSydney House, Spindle CloseFlat 6, Sydney House, Spindle Close, Folkestone, CT18 7UJ
- Sold Jul 2022£249,000 | 2 Bed FlatSydney House, Spindle CloseFlat 7, Sydney House, Spindle Close, Folkestone, CT18 7UJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 33 addresses on Spindle Close, Hawkinge, Folkestone, CT18, Flat 5, Sydney House, Folkestone comes out as the 8th largest and the 2nd most expensive in our analysis of the public data.
It is also £145k less expensive than the average property across the CT18 district.
More reading links
Schools Nearby
- 200mThe Churchill School
- 600mHawkinge Primary School
- 2.1kmFolkestone Primary
- 2.1kmFolkestone Academy
- 2.4kmTurner Free School
- 2.8kmThe Harvey Grammar School
More reading links
Public Transport Nearby
From Flat 5, Sydney House, Folkestone, the nearest station is Folkestone West, 3.0 kilometres away.
- 3.0kmFolkestone West
- 3.2kmFolkestone Central
- 6.9kmSandling
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
