39, Nearne Way
39, Nearne Way
Description & Estimates
39, Nearne Way, Folkestone is recorded publicly as a modern freehold house across 1,108 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 39, Nearne Way, Folkestone is £311,964 and its rental estimate is £1,655 per month, given the available information and assuming reasonable condition.
Nearne Way, Folkestone, CT20 falls within the CT20 postal district, in the borough of Folkestone and Hythe.
Our Data Sources
39, Nearne Way, Folkestone has a single entry in the Land Registry from February 2024 and a single entry in the EPC database dated December 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 39, Nearne Way, Folkestone, we estimate a market value of £327,562 and a rental value of £1,737 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £290,127 and £1,539 per month respectively.
Recent Market Change
Over the last year, 39, Nearne Way, Folkestone has seen its estimated sale value move down by £8,958 (2.9%) and its estimated rental value increase by £40 per month (2.4%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
39, Nearne Way, Folkestone has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Dec 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 39, Nearne Way, Folkestone completed on 9th February 2024 at £319,750 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 9.8% over the period since February 2024.
- Sold Feb 2024£319,750
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 39, Nearne Way, Folkestone have sold within a radius of 810 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st January 2024, was 41, Nearne Way, Folkestone, CT20 3XB, a freehold house which sold for £319,995.
Read more about house prices in CT20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 48 addresses on Nearne Way, Folkestone, CT20, 39, Nearne Way, Folkestone comes out as the 31st largest and the 29th most expensive in our analysis of the public data.
It is also £25k more expensive than the average property across the CT20 district.
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Schools Nearby
- 900mFolkestone, St Martin's Church of England Primary School
- 1.0kmCheriton Primary School
- 1.0kmSeabrook Church of England Primary School
- 1.4kmThe Folkestone School for Girls
- 1.8kmTurner Free School
- 2.0kmThe Harvey Grammar School
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Public Transport Nearby
From 39, Nearne Way, Folkestone, the nearest station is Folkestone West, 1.8 kilometres away.
- 1.8kmFolkestone West
- 2.7kmFolkestone Central
- 4.7kmSandling
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
