Values have been changing and have risen £278 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £46 in last 6 months, £9,608 in last 1 year, £17,639 in last 2 years, £20,007 in last 3 years, £14,270 in last 4 years and £17,626 in last 5 years.
Currently average asking price of a property in Burrow Road, Folkestone, CT19 is around £178,288 based on approximately 5 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £674 per month.
Estimated property value in Burrow Road, Folkestone, CT19 is £146,360. Average asking price is £178,288 while average price paid is £129,690 which is up by £9,608 and Avg. asking rent £674.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Burrow Road, Folkestone, CT19 area. In last 1 year alone average price buyer paid is around £129,690 based on approximately 5 sales in Burrow Road, Folkestone, CT19 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £122,859. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £120,230 for 15 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £120,663 per sale.