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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
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According to the public record, 8, Searle Grove, Folkestone is a modern freehold house with 1,915 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Searle Grove, Folkestone is £695,142 and the estimated rental value is £2,638 per month.
Searle Grove, Folkestone, CT19 is located in the borough of Folkestone and Hythe within the CT19 postal district.
8, Searle Grove, Folkestone has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property 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 8, Searle Grove, Folkestone is in very good condition we estimate a sale value of £729,899 and a rental value of £2,770 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £646,482 and a rental value of £2,453 per month.
Over the last 12 months the sale value of 8 Searle Grove Folkestone has decreased by an estimated £45,664 (6.6%) and its rental value has increased by an estimated £6 per month (0.2%), giving an expected gross yield of 4.6%.
8, Searle Grove, Folkestone has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Sep 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Searle Grove, Folkestone was last sold on 24th October 2022 for £750,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2022, the market for similar properties has dropped 9.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Searle Grove, Folkestone within a radius of 690 metres over the last 2 years.
The most recent example is 7, Searle Grove, Folkestone, CT19 5WP, a freehold house which sold for £695,000 on the 14th June 2023.
Read more about house prices in CT19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Searle Grove, Folkestone, CT19 has a total of 12 addresses. According to our analysis of all the public data, 8, Searle Grove, Folkestone is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £410k more expensive than the average property in CT19.
The closest station to 8, Searle Grove, Folkestone is Folkestone Central station which is 700 metres away.
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 8, Searle Grove, Folkestone, 56.8% of property is privately owned outright and 34.8% 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 8, Searle Grove, Folkestone, 12.2% of residents are recorded as possessing school level qualifications and 33.9% 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 8, Searle Grove, Folkestone, the average age was 43.2 and the most common age was 57.
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 8, Searle Grove, 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 8, Searle Grove, Folkestone, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.
