Flat 5 Richmond House The Parade

    FLAT 5 RICHMOND HOUSE, THE PARADE, FOLKESTONE, CT20 1SL

    This flat/maisonette leasehold property on The Parade last sold in August 2022 for £160,000. Based on price growth in the CT20 district since then, its estimated current value is £155,601 — placing it in the 14th percentile nationally and the 16th percentile within CT20. The property covers 61 m² (657 sq ft), giving an estimated value of £2,551 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £160,000

    Aug 2022

    Estimated Valuation

    £155,601

    Est. £/sq ft

    £237/sq ft

    £2,551/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area657 sq ft (61 m²)
    EPC dateJun 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Aug 2022

    £160,000

    Key Metrics

    Estimated valuation£155,601
    Value per sq ft / m²£237/sq ft (£2,551/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT20 district percentile16th percentile
    National percentile14th 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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