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According to the public record, Flat C, 5, Central Parade, Herne Bay is a period leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat C, 5, Central Parade, Herne Bay is £152,411 and the estimated rental value is £757 per month.
The apartment is within 5, Central Parade, Herne Bay, CT6.
Central Parade, Herne Bay, CT6 is located in the borough of Canterbury within the CT6 postal district.
Flat C, 5, Central Parade, Herne Bay has 41 entries in the Land Registry , most recently in May 2014 and a single entry in the EPC database dated July 2020.
We combine this information with that 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.
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 C, 5, Central Parade, Herne Bay is in very good condition we estimate a sale value of £160,032 and a rental value of £794 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £141,743 and a rental value of £704 per month.
Over the last 12 months the sale value of Flat C 5 Central Parade Herne Bay has decreased by an estimated £2,849 (1.9%) and its rental value has increased by an estimated £22 per month (2.9%), giving an expected gross yield of 6%.
Flat C, 5, Central Parade, Herne Bay has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat C, 5, Central Parade, Herne Bay was last sold on 23rd May 2014 for £109,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2014, the market for similar properties has risen 37.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat C, 5, Central Parade, Herne Bay within a radius of 550 metres over the last 2 years.
The most recent example is Flat 6, 38, Charles Street, Herne Bay, CT6 5JD, a leasehold flat which sold for £142,000 on the 2nd February 2024.
Read more about house prices in CT6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Central Parade, Herne Bay, CT6 has a total of 267 addresses. According to our analysis of all the public data, Flat C, 5, Central Parade, Herne Bay is the 218th largest and the 221st most expensive property on the street.
When compared to the postcode district it is £176k less expensive than the average property in CT6.
The closest station to Flat C, 5, Central Parade, Herne Bay is Herne Bay station which is 1.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat C, 5, Central Parade, Herne Bay, 37.2% of property is privately rented and 33.1% 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 C, 5, Central Parade, Herne Bay, 10.7% of residents are recorded as possessing school level qualifications and 25.2% 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 C, 5, Central Parade, Herne Bay, the average age was 43.6 and the most common age was 52.
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 C, 5, Central Parade, Herne Bay, 0.8% 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 C, 5, Central Parade, Herne Bay, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
