Basement Flat 1 Marine Terrace

    BASEMENT FLAT 1, MARINE TERRACE, FOLKESTONE, CT20 1PZ

    This flat/maisonette leasehold property on Marine Terrace last sold in March 2017 for £76,500. Based on price growth in the CT20 district since then, its estimated current value is £108,067 — placing it in the 5th percentile nationally and the 6th percentile within CT20. The property covers 58 m² (624 sq ft), giving an estimated value of £1,863 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £76,500

    Mar 2017

    Estimated Valuation

    £108,067

    Est. £/sq ft

    £173/sq ft

    £1,863/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area624 sq ft (58 m²)
    EPC dateJul 2017
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Mar 2017

    £76,500

    Key Metrics

    Estimated valuation£108,067
    Value per sq ft / m²£173/sq ft (£1,863/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT20 district percentile6th percentile
    National percentile5th percentile

    District Context — CT20

    CT20 covers the Folkestone area on the Kent coast, positioned between the Channel and the North Downs. It is a mixed coastal community with a blend of residential, commercial and leisure character.

    Average Property Price - CT20

    £317,880

    47

    National percentile

    Average Net Household Income - CT20

    £35,364

    33

    National percentile

    10-Year Annualised Price Growth - CT20

    4.7%

    84

    National percentile

    10-Year Annualised Rent Growth - CT

    4.5%

    83

    National percentile

    View full analysis for CT20

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