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Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 16, Palm Tree Way, Folkestone is a mid-century freehold house with 1,065 ft2 of internal area and sits on a 583 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Palm Tree Way, Folkestone is £374,580 and the estimated rental value is £1,865 per month.
Palm Tree Way, Lyminge, Folkestone, CT18 is located in the borough of Folkestone and Hythe within the CT18 postal district.
16, Palm Tree Way, Folkestone has 2 entries in the Land Registry , most recently in October 2021 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 16, Palm Tree Way, Folkestone is in very good condition we estimate a sale value of £393,309 and a rental value of £1,959 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £348,359 and a rental value of £1,735 per month.
Over the last 12 months the sale value of 16 Palm Tree Way Folkestone has decreased by an estimated £16,248 (4.3%) and its rental value has increased by an estimated £49 per month (2.6%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 16, Palm Tree Way, Folkestone sits on a plot of 583m2.
We have plot size data on 17 out of 32 other houses in the postcode and 16, Palm Tree Way, Folkestone sits on the 2nd largest plot.
16, Palm Tree Way, Folkestone has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 16, Palm Tree Way, Folkestone was last sold on 28th October 2021 for £389,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2021, the market for similar properties has risen 8.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Palm Tree Way, Folkestone within a radius of 3.8 kilometres over the last 2 years.
The most recent example is 3, Robus Close, Folkestone, CT18 8JF, a freehold house which sold for £360,000 on the 27th February 2025.
Read more about house prices in CT18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palm Tree Way, Lyminge, Folkestone, CT18 has a total of 84 addresses. According to our analysis of all the public data, 16, Palm Tree Way, Folkestone is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in CT18.
The closest station to 16, Palm Tree Way, Folkestone is Sandling station which is 4.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Palm Tree Way, Folkestone, 43.5% of property is socially rented and 36.1% is privately owned outright.
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 16, Palm Tree Way, Folkestone, 10.8% of residents are recorded as possessing school level qualifications and 22.6% 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 16, Palm Tree Way, Folkestone, the average age was 50.4 and the most common age was 72.
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 16, Palm Tree Way, Folkestone, 1.8% 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 16, Palm Tree Way, Folkestone, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.
