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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, Flat 2, 18, Cornwallis Avenue, Folkestone is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 998 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 18, Cornwallis Avenue, Folkestone is £356,991 and the estimated rental value is £1,571 per month.
The apartment is within 18, Cornwallis Avenue, Folkestone, CT19.
Cornwallis Avenue, Folkestone, CT19 is located in the borough of Folkestone and Hythe within the CT19 postal district.
Flat 2, 18, Cornwallis Avenue, Folkestone has 31 entries in the Land Registry , most recently in September 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Flat 2, 18, Cornwallis Avenue, Folkestone is in very good condition we estimate a sale value of £374,841 and a rental value of £1,650 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £332,002 and a rental value of £1,461 per month.
Over the last 12 months the sale value of Flat 2 18 Cornwallis Avenue Folkestone has decreased by an estimated £18,857 (5.3%) and its rental value has increased by an estimated £26 per month (1.7%), giving an expected gross yield of 5.3%.
According to HM Land Registry, Flat 2, 18, Cornwallis Avenue, Folkestone was last sold on 22nd September 2017 for £275,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since September 2017, the market for similar properties has risen 19.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 18, Cornwallis Avenue, Folkestone within a radius of 660 metres over the last 2 years.
The most recent example is Flat, 4C, Julian Road, Folkestone, CT19 5HP, a leasehold flat which sold for £220,000 on the 14th June 2024.
Read more about house prices in CT19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cornwallis Avenue, Folkestone, CT19 has a total of 53 addresses. According to our analysis of all the public data, Flat 2, 18, Cornwallis Avenue, Folkestone is the 49th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £72k more expensive than the average property in CT19.
The closest station to Flat 2, 18, Cornwallis Avenue, Folkestone is Folkestone Central station which is 600 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 Flat 2, 18, Cornwallis Avenue, Folkestone, 40.6% of property is privately rented and 28.0% is privately owned outright.
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 Flat 2, 18, Cornwallis Avenue, Folkestone, 13.4% of residents are recorded as possessing school level qualifications and 40.2% 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 Flat 2, 18, Cornwallis Avenue, Folkestone, the average age was 45.6 and the most common age was 52.
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 Flat 2, 18, Cornwallis Avenue, 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 Flat 2, 18, Cornwallis Avenue, Folkestone, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
