Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 2, Pay Street, Folkestone is a mid-century freehold house with 721 ft2 of internal area and sits on a 493 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 2, Pay Street, Folkestone is £286,393 and the estimated rental value is £1,505 per month.
Pay Street, Densole, Folkestone, CT18 is located in the borough of Folkestone and Hythe within the CT18 postal district.
2, Pay Street, Folkestone has 21 entries in the Land Registry , most recently in July 2014 and a single entry in the EPC database dated November 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 2, Pay Street, Folkestone is in very good condition we estimate a sale value of £300,713 and a rental value of £1,580 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,346 and a rental value of £1,400 per month.
Over the last 12 months the sale value of 2 Pay Street Folkestone has decreased by an estimated £12,691 (4.4%) and its rental value has increased by an estimated £35 per month (2.3%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 2, Pay Street, Folkestone sits on a plot of 493m2.
We have plot size data on 21 out of 21 other houses in the postcode and 2, Pay Street, Folkestone sits on the 7th largest plot.
2, Pay Street, Folkestone has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Pay Street, Folkestone was last sold on 21st July 2014 for £222,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2014, the market for similar properties has risen 56.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Pay Street, Folkestone within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 7, Coach Road, Folkestone, CT18 8LS, a freehold house which sold for £380,000 on the 24th August 2023.
Read more about house prices in CT18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pay Street, Densole, Folkestone, CT18 has a total of 45 addresses. According to our analysis of all the public data, 2, Pay Street, Folkestone is the 44th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in CT18.
The closest station to 2, Pay Street, Folkestone is Folkestone West station which is 5.0 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 2, Pay Street, Folkestone, 65.9% of property is privately owned outright and 27.8% is privately owned with a mortgage.
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 2, Pay Street, Folkestone, 6.0% of residents are recorded as possessing school level qualifications and 22.5% 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 2, Pay Street, 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 2, Pay Street, Folkestone, 0.0% 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 2, Pay Street, Folkestone, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
