Our Data Sources
Flat 1, Merchants Place, Folkestone has 21 entries in the Land Registry , most recently in August 2017 and a single entry in the EPC database dated March 2017.
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
In very good condition, we estimate Flat 1, Merchants Place, Folkestone would be worth £225,400, with a potential rental value of £1,265 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £199,640, with a rental value of £1,120 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
Flat 1, Merchants Place, Folkestone has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Mar 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 1, Merchants Place, Folkestone last changed hands on 11th August 2017, selling for £137,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 113.4% since August 2017.
- Sold Aug 2017£137,000
- Sold May 2005£150,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 22 sales of comparable properties within 310 metres of Flat 1, Merchants Place, Folkestone across the last 2 years.
Most recently, Flat 22, Merchants Place, Rendezvous Street, Folkestone, CT20 1ET, a leasehold flat, sold at £195,000 on the 30th August 2023.
Read more about house prices in CT20.
- Sold Aug 2023£195,000 | 3 Bed FlatFlat 22, Merchants Place, Rendezvous Street, Folkestone, CT20 1ETFlat 22, Merchants Place, Rendezvous Street, Folkestone, CT20 1ET
- Sold Dec 2019£130,000 | 2 Bed FlatFlat 17, Merchants Place, Rendezvous Street, Folkestone, CT20 1ETFlat 17, Merchants Place, Rendezvous Street, Folkestone, CT20 1ET
- Sold Jan 2018£186,995 | 2 Bed FlatFlat 23, Merchants Place, Rendezvous Street, Folkestone, CT20 1ETFlat 23, Merchants Place, Rendezvous Street, Folkestone, CT20 1ET
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 1, Merchants Place, Folkestone as the 7th largest and the 10th most expensive of the 135 addresses on Rendezvous Street, Folkestone, CT20.
Against the CT20 postcode district average, it is £74k less expensive than the typical property.
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Schools Nearby
- St Eanswythe's Church of England Primary School200 m away
- Folkestone, St Peter's Church of England Primary School400 m away
- Christ Church Cep Academy, Folkestone500 m away
- Folkestone Academy1.6 km away
- The Harvey Grammar School1.8 km away
- The Folkestone School for Girls2.1 km away
More reading links
Public Transport Nearby
- Folkestone Central|800 m away
- Folkestone West|1.9 km away
- Sandling|8.1 km away
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast Broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
