Flat 4, 62 St Michaels Street, Folkestone, CT20 1LP is a leasehold flat built before 1900. The property offers approximately 495 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £78,785 , which equates to approximately £159 per square foot. It was last sold on 23 Aug 2023 for £80,000. Since then, the value has decreased by £1,215, representing a 1.5% decrease, or approximately 0.7% per year.

The current estimated value of £78,785 is:

  • 66.0% lower than the average property price on St Michaels Street
  • 65.0% lower than the average in the CT20 1LP postcode area
  • and 74.0% lower than the average price for Folkestone as a whole

At the most recent EPC inspection on 11 October 2023, the property was recorded as rented.

View sold house prices in CT20 1LP

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£78,785
Price Per sq ft (estimate)
£159
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 4, 62 St Michaels Street, Folkestone, Folkestone And Hythe, Kent, CT20 1LP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 11 Oct 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 4 Dec 2008, and the property received the same rating of C with an unchanged energy efficiency score of 70.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 100mm loft insulation to pitched, 100 mm loft insulation, with no change in energy efficiency (average).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from poor to very poor.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CT20 1LP

15 th / 19
Price Rank
65% lower than average
9 th / 12
Size Rank
39% smaller than average
9 th / 12
Price Per Sq FT Rank
43% lower than average

Compared to other properties in CT20 1LP , this flat's estimated value ranks 15th out of 19. Based on price per square foot, it ranks 9th out of 12 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 9th out of 12 properties in its postcode area.

Sale History

Today
£78,785
streetscan.co.uk estimate
-2 %
23 Aug 2023
£80,000
Leasehold
-2.4 %
22 Jan 2008
£82,000
Leasehold
+42 %
12 Aug 2003
£57,750
Leasehold
+110 %
18 Feb 2000
£27,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 484 sq ft
sale price: £68,000
sale date: 13 Mar 2017
rooms: 2
size: 441 sq ft
sale price: £115,000
sale date: 17 Jul 2023
rooms: 2
size: 484 sq ft
sale price: £54,000
sale date: 14 Jan 2016
rooms: 2
size: 463 sq ft
sale price: £89,500
sale date: 31 Aug 2007

Data Sources

The property at Flat 4, 62 St Michaels Street, Folkestone, CT20 1LP appears four times in the Land Registry records, with the latest transaction recorded on 23 Aug 2023. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Oct 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.