Flat 5 2 The Parade

    FLAT 5 2, THE PARADE, FOLKESTONE, CT20 1SL

    This flat/maisonette leasehold property on The Parade last sold in July 2020 for £114,000. Based on price growth in the CT20 district since then, its estimated current value is £136,723 — placing it in the 10th percentile nationally and the 11th percentile within CT20. The property covers 35 m² (377 sq ft), giving an estimated value of £3,906 per m². The EPC rating is E, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    377 sq ft

    35 m²

    Last Sale Price

    £114,000

    Jul 2020

    Estimated Valuation

    £136,723

    Est. £/sq ft

    £363/sq ft

    £3,906/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area377 sq ft (35 m²)
    EPC dateJun 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    27 Jul 2020

    £114,000

    Key Metrics

    Estimated valuation£136,723
    Value per sq ft / m²£363/sq ft (£3,906/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT20 district percentile11th percentile
    National percentile10th 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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