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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Public records show Flat 7, Albion House 22, Folkestone to be a modern leasehold apartment with 796 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 7, Albion House 22, Folkestone has an estimated sale value of £168,585 and an estimated rental value of £1,019 per month, assuming reasonable condition and based on the information available.
The apartment sits within Albion House, Sandgate Road, Folkestone, CT20.
Sandgate Road, Folkestone, CT20 lies in the borough of Folkestone and Hythe, within the CT20 postal district.
Flat 7, Albion House 22, Folkestone has 2 entries in the Land Registry , most recently in April 2018 and a single entry in the EPC database dated July 2015.
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.
In very good condition, we estimate Flat 7, Albion House 22, Folkestone would be worth £177,014, with a potential rental value of £1,070 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £156,784, with a rental value of £948 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 7, Albion House 22, Folkestone has declined by £7,381 (4.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £22 (2.1%). The property's estimated gross yield is currently 7.3%.
Flat 7, Albion House 22, Folkestone has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jul 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
Flat 7, Albion House 22, Folkestone last changed hands on 10th April 2018, selling for £146,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 43.3% since April 2018.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 340 metres of Flat 7, Albion House 22, Folkestone across the last 2 years.
Most recently, Flat 10, Albion House 22, Sandgate Road, Folkestone, CT20 1DP, a leasehold flat, sold at £150,000 on the 2nd November 2020.
Read more about house prices in CT20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 7, Albion House 22, Folkestone as the 235th largest and the 354th most expensive of the 661 addresses on Sandgate Road, Folkestone, CT20.
Against the CT20 postcode district average, it is £119k less expensive than the typical property.
Folkestone Central station is the nearest stop to Flat 7, Albion House 22, Folkestone at 800 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 7, Albion House 22, Folkestone, 73.1% of property is privately rented and 18.7% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 7, Albion House 22, Folkestone, 14.0% of residents are recorded as possessing school level qualifications and 36.1% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 7, Albion House 22, Folkestone, the average age was 39.9 and the most common age was 32.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 7, Albion House 22, Folkestone, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 7, Albion House 22, Folkestone, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
