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George Lane is a residential street with 11 addresses.
It ranks as the 93rd largest and 17th most expensive of the 324 streets in the CT20 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 11 properties: 11 flats.
George Lane is a residential street with 11 addresses.
It ranks as the 93rd largest and 17th most expensive of the 324 streets in the CT20 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 11 properties: 11 flats.
Sale prices range from £85,065 for 1 bedroom Leasehold flats (236 ft2) to £178,127 for 2 bedroom Leasehold flats (602 ft2) .
Monthly rental prices range from £556 pcm for 1 bed flats to £983 pcm for 2 bed flats.
The gross rental yield is between 6.6% and 7.8%.
The average value per square foot is £270.
The last sale on George Lane sold for £93,000 on 11th September 2015. Since then prices are up an average of 42.3%.
The current average value in the street is £144,214.
The George Lane Sales Market has increased by 36.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.9% | £144,214 |
| May 2025 | 0.5% | £150,092 |
| May 2024 | 0.6% | £149,334 |
| May 2023 | 1.7% | £148,408 |
| May 2022 | 8.2% | £145,919 |
| May 2021 | 6.9% | £134,872 |
| May 2020 | 4.6% | £126,166 |
| May 2019 | 2.3% | £120,580 |
| May 2018 | 1.9% | £117,868 |
| May 2017 | 9.7% | £115,635 |
| May 2016 | 5.7% | £105,426 |
| May 2015 | 3% | £99,757 |
| May 2014 | 7.4% | £96,860 |
| May 2013 | 2.3% | £90,180 |
| May 2012 | -2.6% | £88,184 |
| May 2011 | -6.3% | £90,564 |
| May 2010 | 1% | £96,665 |
| May 2009 | -13.2% | £95,736 |
| May 2008 | 0.2% | £110,314 |
| May 2007 | 0% | £110,115 |
The current average rental value in the street is £860.
The George Lane Rental Market has increased by 57.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.1% | £860pcm |
| May 2025 | 1.7% | £842pcm |
| May 2024 | 8.3% | £828pcm |
| May 2023 | 8.5% | £765pcm |
| May 2022 | 10.5% | £705pcm |
| May 2021 | 8.4% | £638pcm |
| May 2020 | 3.3% | £588pcm |
| May 2019 | 1.7% | £569pcm |
| May 2018 | 0.7% | £560pcm |
| May 2017 | 1.9% | £556pcm |
| May 2016 | 0.6% | £545pcm |
| May 2015 | 3.2% | £542pcm |
| May 2014 | 2.6% | £526pcm |
| May 2013 | 0.1% | £512pcm |
| May 2012 | 0.5% | £512pcm |
| May 2011 | 0% | £509pcm |
| May 2010 | 2.4% | £509pcm |
| May 2009 | -4.9% | £497pcm |
| May 2008 | 2.6% | £523pcm |
| May 2007 | 0% | £509pcm |
The last sale was on 11th September 2015 for £93,000 and since then the market in the area has increased by 42.3%. The street has had a total of 2 sales since 1995.
George Lane, Folkestone, CT20 has seen no sales in the last three years and no sales in the last twelve months.
George Lane, Folkestone, CT20 is the 93rd largest and the 17th most expensive street in the CT20 area.
There is 1 postcode on George Lane, Folkestone, CT20.
The closest station to George Lane, Folkestone, CT20 is Folkestone Central station which is 900 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around George Lane, Folkestone, CT20, 55.5% of property is privately rented and 35.3% is socially rented.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around George Lane, Folkestone, CT20, 14.8% of residents are recorded as possessing school level qualifications and 31.5% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around George Lane, Folkestone, CT20, the average age was 39.9 and the most common age was 32.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around George Lane, Folkestone, CT20, 0.5% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around George Lane, Folkestone, CT20, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.