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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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2A, Victoria Grove, Folkestone is recorded publicly as a period leasehold apartment across 453 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 2A, Victoria Grove, Folkestone is £131,600 and its rental estimate is £871 per month, given the available information and assuming reasonable condition.
2, Victoria Grove is a residential building on Victoria Grove, Folkestone, CT20 and falls within the CT20 postal district and the borough of Folkestone and Hythe.
2A, Victoria Grove, Folkestone has a single entry in the Land Registry from March 2010 and a single entry in the EPC database dated April 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 2A, Victoria Grove, Folkestone, we estimate a market value of £138,180 and a rental value of £914 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £122,388 and £810 per month respectively.
Over the last year, 2A, Victoria Grove, Folkestone has seen its estimated sale value decline by £5,761 (4.4%) and its estimated rental value climb by £18 per month (2.1%). This results in an estimated gross rental yield of 7.9%.
2A, Victoria Grove, Folkestone has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 07 Apr 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Portable electric heating assumed for most rooms.
The most recent sale of 2A, Victoria Grove, Folkestone completed on 9th March 2010 at £150,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 74.1% over the period since March 2010.
Over the past 2 years 3 properties similar to 2A, Victoria Grove, Folkestone have sold within a radius of 340 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th February 2024, was Flat 11, Fernley Court 47-49, Guildhall Street, Folkestone, CT20 1EF, a leasehold flat which sold for £105,000.
Read more about house prices in CT20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 81 addresses on Victoria Grove, Folkestone, CT20, 2A, Victoria Grove, Folkestone comes out as the 49th largest and the 49th most expensive in our analysis of the public data.
It is also £156k less expensive than the average property across the CT20 district.
From 2A, Victoria Grove, Folkestone, the nearest station is Folkestone Central, 600 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2A, Victoria Grove, Folkestone, 73.1% of property is privately rented and 9.2% 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 2A, Victoria Grove, Folkestone, 16.6% of residents are recorded as possessing school level qualifications and 33.2% 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 2A, Victoria Grove, Folkestone, the average age was 39.9 and the most common age was 32.
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 2A, Victoria 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 2A, Victoria Grove, Folkestone, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
