Flat 1 Richmond House The Parade

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

    This flat/maisonette leasehold property on The Parade last sold in July 2024 for £128,000. Based on price growth in the CT20 district since then, its estimated current value is £128,326 — placing it in the 8th percentile nationally and the 9th percentile within CT20. The property covers 41 m² (441 sq ft), giving an estimated value of £3,130 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    441 sq ft

    41 m²

    Last Sale Price

    £128,000

    Jul 2024

    Estimated Valuation

    £128,326

    Est. £/sq ft

    £291/sq ft

    £3,130/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area441 sq ft (41 m²)
    EPC dateMar 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Jul 2024

    £128,000

    Key Metrics

    Estimated valuation£128,326
    Value per sq ft / m²£291/sq ft (£3,130/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT20 district percentile9th percentile
    National percentile8th 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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