Flat D, 3
Flat D, 3
Description & Estimates
Flat D, 3, Marine Terrace, Folkestone is recorded publicly as a period leasehold apartment across 602 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat D, 3, Marine Terrace, Folkestone is £134,256 and its rental estimate is £855 per month, given the available information and assuming reasonable condition.
3, Marine Terrace is a residential building on Marine Terrace, Folkestone, CT20 and falls within the CT20 postal district and the borough of Folkestone and Hythe.
Our Data Sources
Flat D, 3, Marine Terrace, Folkestone has a single entry in the Land Registry from October 2014 and a single entry in the EPC database dated April 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 D, 3, Marine Terrace, Folkestone, we estimate a market value of £140,969 and a rental value of £898 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £124,858 and £795 per month respectively.
Recent Market Change
Over the last year, Flat D, 3, Marine Terrace, Folkestone has seen its estimated sale value drop by £5,878 (4.4%) and its estimated rental value rise by £18 per month (2.1%). This results in an estimated gross rental yield of 7.6%.
Energy Efficiency
Flat D, 3, Marine Terrace, Folkestone has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Apr 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat D, 3, Marine Terrace, Folkestone completed on 10th October 2014 at £85,000 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 79.1% over the period since October 2014.
- Sold Oct 2014£85,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat D, 3, Marine Terrace, Folkestone have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd August 2024, was Flat 1A, Richmond House, The Parade, Folkestone, CT20 1SL, a leasehold flat which sold for £132,000.
Read more about house prices in CT20.
- Sold Aug 2024£132,000 | 2 Bed FlatRichmond House, The ParadeFlat 1A, Richmond House, The Parade, Folkestone, CT20 1SL
- Sold May 2024£150,000 | 2 Bed FlatRichmond House, The ParadeFlat 14, Richmond House, The Parade, Folkestone, CT20 1SL
- Sold Jan 2024£125,000 | 2 Bed FlatRichmond House, The ParadeFlat 8, Richmond House, The Parade, Folkestone, CT20 1SL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 146 addresses on Marine Terrace, Folkestone, CT20, Flat D, 3, Marine Terrace, Folkestone comes out as the 22nd largest and the 12th most expensive in our analysis of the public data.
It is also £153k less expensive than the average property across the CT20 district.
More reading links
Schools Nearby
- 200mSt Eanswythe's Church of England Primary School
- 400mFolkestone, St Peter's Church of England Primary School
- 800mChrist Church Cep Academy, Folkestone
- 1.9kmFolkestone Academy
- 2.1kmThe Harvey Grammar School
- 2.3kmThe Folkestone School for Girls
More reading links
Public Transport Nearby
From Flat D, 3, Marine Terrace, Folkestone, the nearest station is Folkestone Central, 1.1 kilometres away.
- 1.1kmFolkestone Central
- 2.2kmFolkestone West
- 8.3kmSandling
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.
