48, Nearne Way
48, Nearne Way
Description & Estimates
According to the public record, 48, Nearne Way, Folkestone is a modern freehold house with 1,108 ft2 of internal area.
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 48, Nearne Way, Folkestone is £311,964 and the estimated rental value is £1,655 per month.
Nearne Way, Folkestone, CT20 is located in the borough of Folkestone and Hythe within the CT20 postal district.
Our Data Sources
48, Nearne Way, Folkestone has a single entry in the Land Registry from March 2024 and a single entry in the EPC database dated February 2024.
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
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 48, Nearne Way, Folkestone is in very good condition we estimate a sale value of £327,562 and a rental value of £1,737 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £290,127 and a rental value of £1,539 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 48, Nearne Way, Folkestone has declined by £8,958 (2.9%), while its estimated rental value has climbed by £40 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 6.4%.
Energy Efficiency
48, Nearne Way, Folkestone has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Feb 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 48, Nearne Way, Folkestone was last sold on 22nd March 2024 for £310,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2024, the market for similar properties has dropped by 9.8%.
- Sold Mar 2024£310,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Nearne Way, Folkestone within a radius of 810 metres over the last 2 years.
The most recent example is 46, Nearne Way, Folkestone, CT20 3XB, a freehold house which sold for £310,495 on the 19th April 2024.
Read more about house prices in CT20.
- Sold Apr 2024£310,495 | 3 Bed House46, Nearne Way, Folkestone, CT20 3XB46, Nearne Way, Folkestone, CT20 3XB
- Sold Apr 2024£319,995 | 3 Bed House44, Nearne Way, Folkestone, CT20 3XB44, Nearne Way, Folkestone, CT20 3XB
- Sold Apr 2024£319,500 | 3 Bed House50, Nearne Way, Folkestone, CT20 3XB50, Nearne Way, Folkestone, CT20 3XB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Nearne Way, Folkestone, CT20 has a total of 48 addresses. According to our analysis of all the public data, 48, Nearne Way, Folkestone is the 23rd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £25k more expensive than the average property in CT20.
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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
More reading links
Public Transport Nearby
The closest station to 48, Nearne Way, Folkestone is Folkestone West station, which is 1.8 kilometres away.
- 1.8kmFolkestone West
- 2.7kmFolkestone Central
- 4.7kmSandling
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
