Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
According to the public record, The Wedge, Folkestone is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,796 ft2 of internal area and sits on a 152 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for The Wedge, Folkestone is £593,714 and the estimated rental value is £2,237 per month.
Sandgate Esplanade, Sandgate, Folkestone, CT20 is located in the borough of Folkestone and Hythe within the CT20 postal district.
The Wedge, Folkestone has a single entry in the Land Registry from August 2023 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 2 out of 5 and is considered of medium 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 The Wedge, Folkestone is in very good condition we estimate a sale value of £623,400 and a rental value of £2,349 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £552,154 and a rental value of £2,080 per month.
Over the last 12 months the sale value of The Wedge Folkestone has decreased by an estimated £28,621 (4.8%) and its rental value has increased by an estimated £14 per month (0.6%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, The Wedge, Folkestone sits on a plot of 152m2.
We have plot size data on 6 out of 7 other houses in the postcode and The Wedge, Folkestone sits on the 8th largest plot.
According to HM Land Registry, The Wedge, Folkestone was last sold on 15th August 2023 for £690,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2023, the market for similar properties has dropped 31.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Wedge, Folkestone within a radius of 1.0 kilometres over the last 2 years.
The most recent example is Coombe Cottage, Wellington Place, Folkestone, CT20 3DN, a freehold house which sold for £767,500 on the 17th December 2024.
Read more about house prices in CT20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sandgate Esplanade, Sandgate, Folkestone, CT20 has a total of 61 addresses. According to our analysis of all the public data, The Wedge, Folkestone is the 11th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £306k more expensive than the average property in CT20.
The closest station to The Wedge, Folkestone is Folkestone West station which is 1.8 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around The Wedge, Folkestone, 48.2% of property is privately owned outright and 28.2% is privately rented.
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 The Wedge, Folkestone, 9.5% of residents are recorded as possessing school level qualifications and 50.0% 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 The Wedge, Folkestone, the average age was 43.2 and the most common age was 57.
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 The Wedge, Folkestone, 0.8% 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 The Wedge, Folkestone, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
