Our Data Sources
Flat 22, Merchants Place, Folkestone has 21 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated May 2023.
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
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 Flat 22, Merchants Place, Folkestone, we estimate a market value of £229,907 and a rental value of £1,278 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £203,631 and £1,132 per month respectively.
Energy Efficiency
Flat 22, Merchants Place, Folkestone has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 22, Merchants Place, Folkestone completed on 30th August 2023 at £195,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 69.9% over the period since August 2023.
- Sold Aug 2023£195,000
- Sold Dec 2006£185,000
Similar Properties Sold Nearby
Over the past 2 years 14 properties similar to Flat 22, Merchants Place, Folkestone have sold within a radius of 310 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th December 2024, was 3, Guildhall Street, Folkestone, CT20 1EA, a leasehold flat which sold for £200,000.
Read more about house prices in CT20.
- Sold Dec 2024£200,000 | 3 Bed Flat3, Guildhall Street, Folkestone, CT20 1EA3, Guildhall Street, Folkestone, CT20 1EA
- Sold Jan 2018£186,995 | 2 Bed FlatFlat 23, Merchants Place, Rendezvous Street, Folkestone, CT20 1ETFlat 23, Merchants Place, Rendezvous Street, Folkestone, CT20 1ET
- Sold Aug 2017£137,000 | 3 Bed FlatFlat 1, Merchants Place, Rendezvous Street, Folkestone, CT20 1ETFlat 1, Merchants Place, Rendezvous Street, Folkestone, CT20 1ET
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 135 addresses on Rendezvous Street, Folkestone, CT20, Flat 22, Merchants Place, Folkestone comes out as the 5th largest and the 9th most expensive in our analysis of the public data.
It is also £70k less expensive than the average property across the CT20 district.
More reading links
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
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast Broadband is available in the area.
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
