2 Mercian Way

    2, MERCIAN WAY, FOLKESTONE, CT20 3WU

    This detached freehold property on Mercian Way last sold in November 2024 for £385,995. Based on price growth in the CT20 district since then, its estimated current value is £445,176 — placing it in the 73rd percentile nationally and the 82nd percentile within CT20. The property covers 114 m² (1,227 sq ft), giving an estimated value of £3,905 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,227 sq ft

    114 m²

    Last Sale Price

    £385,995

    Nov 2024

    Estimated Valuation

    £445,176

    Est. £/sq ft

    £363/sq ft

    £3,905/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2023
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,227 sq ft (114 m²)
    EPC dateSept 2024
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Nov 2024

    New build

    £385,995

    Key Metrics

    Estimated valuation£445,176
    Value per sq ft / m²£363/sq ft (£3,905/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT20 district percentile82nd percentile
    National percentile73rd 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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