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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 194, Risborough Lane, Folkestone is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,042 ft2 of internal area and sits on a 141 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 194, Risborough Lane, Folkestone is £262,696 and the estimated rental value is £1,467 per month.
Risborough Lane, Folkestone, CT20 is located in the borough of Folkestone and Hythe within the CT20 postal district.
194, Risborough Lane, Folkestone has a single entry in the Land Registry from December 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 194, Risborough Lane, Folkestone is in very good condition we estimate a sale value of £275,831 and a rental value of £1,541 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,307 and a rental value of £1,365 per month.
Over the last 12 months the sale value of 194 Risborough Lane Folkestone has decreased by an estimated £12,443 (4.7%) and its rental value has increased by an estimated £34 per month (2.3%), giving an expected gross yield of 6.7%.
According to data from HM Land Registry, 194, Risborough Lane, Folkestone sits on a plot of 141m2.
We have plot size data on 4 out of 4 other houses in the postcode and 194, Risborough Lane, Folkestone sits on the largest plot.
According to HM Land Registry, 194, Risborough Lane, Folkestone was last sold on 9th December 2010 for £145,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2010, the market for similar properties has risen 104.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 194, Risborough Lane, Folkestone within a radius of 560 metres over the last 2 years.
The most recent example is 13, St. Marks Close, Folkestone, CT20 3LY, a freehold house which sold for £223,000 on the 12th February 2024.
Read more about house prices in CT20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Risborough Lane, Folkestone, CT20 has a total of 78 addresses. According to our analysis of all the public data, 194, Risborough Lane, Folkestone is the 30th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £23k less expensive than the average property in CT20.
The closest station to 194, Risborough Lane, Folkestone is Folkestone West station which is 1.2 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 194, Risborough Lane, Folkestone, 34.9% of property is privately owned with a mortgage and 24.6% 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 194, Risborough Lane, Folkestone, 28.4% of residents are recorded as possessing school level qualifications and 24.2% 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 194, Risborough Lane, Folkestone, the average age was 39.6 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 194, Risborough Lane, Folkestone, 0.2% 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 194, Risborough Lane, Folkestone, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
