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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, 7, Mercian Way, Folkestone is a modern house with 850 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 7, Mercian Way, Folkestone is £298,752 and the estimated rental value is £1,538 per month.
Mercian Way, Folkestone, CT20 is located in the borough of Folkestone and Hythe within the CT20 postal district.
7, Mercian Way, Folkestone has no records in the the Land Registry and a single entry in the EPC database dated October 2024.
We combine this information with public data 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.
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 7, Mercian Way, Folkestone is in very good condition we estimate a sale value of £313,689 and a rental value of £1,615 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,839 and a rental value of £1,430 per month.
Over the last 12 months the sale value of 7 Mercian Way Folkestone has decreased by an estimated £8,579 (2.9%) and its rental value has increased by an estimated £37 per month (2.4%), giving an expected gross yield of 6.2%.
7, Mercian Way, Folkestone has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Oct 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Mercian Way, Folkestone within a radius of 610 metres over the last 2 years.
The most recent example is 9, Mercian Way, Folkestone, CT20 3WU, a freehold house which sold for £309,495 on the 13th December 2024.
Read more about house prices in CT20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mercian Way, Folkestone, CT20 has a total of 9 addresses. According to our analysis of all the public data, 7, Mercian Way, Folkestone is the 7th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in CT20.
The closest station to 7, Mercian Way, Folkestone is Folkestone West station which is 1.5 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 7, Mercian Way, Folkestone, % of property is and % is .
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 7, Mercian Way, Folkestone, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 7, Mercian Way, 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 7, Mercian Way, Folkestone, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
