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Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 8, The Exchange, Whitstable is £353,770 and its rental estimate is £1,458 per month, given the available information and assuming reasonable condition.
The Exchange, Tankerton Road is a residential building on Tankerton Road, Whitstable, CT5 and falls within the CT5 postal district and the borough of Canterbury.
Flat 8, The Exchange, Whitstable 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 2 out of 5 and is considered of medium accuracy.
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 8, The Exchange, Whitstable, we estimate a market value of £371,458 and a rental value of £1,531 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £329,006 and £1,356 per month respectively.
Over the last year, Flat 8, The Exchange, Whitstable has seen its estimated sale value drop by £13,426 (3.8%) and its estimated rental value rise by £6 per month (0.4%). This results in an estimated gross rental yield of 4.9%.
Flat 8, The Exchange, Whitstable 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.
The most recent sale of Flat 8, The Exchange, Whitstable completed on 1st August 2006 at £250,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Over the past 2 years 3 properties similar to Flat 8, The Exchange, Whitstable have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2020, was Flat 4, The Exchange, Tankerton Road, Whitstable, CT5 2AL, a leasehold flat which sold for £334,000.
Read more about house prices in CT5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 393 addresses on Tankerton Road, Whitstable, CT5, Flat 8, The Exchange, Whitstable comes out as the 118th largest and the 125th most expensive in our analysis of the public data.
It is also £71k less expensive than the average property across the CT5 district.
From Flat 8, The Exchange, Whitstable, the nearest station is Whitstable, 700 metres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 8, The Exchange, Whitstable, 45.4% of property is privately owned outright and 23.9% is privately rented.
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 8, The Exchange, Whitstable, 18.8% of residents are recorded as possessing school level qualifications and 44.0% 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 8, The Exchange, Whitstable, the average age was 45.5 and the most common age was 57.
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 8, The Exchange, Whitstable, 2.3% 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 8, The Exchange, Whitstable, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.