Average Price for property in Folkestone is around £220,337 which varies based on type of property you are interested in and ranges from £361,042 for detached house to around £233,029 for semi-detached. Similarly terraced house is around £178,728 and a flat is worth £148,978. Values have been changing and have risen £1,630 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,672 in last 6 months, £5,877 in last 1 year, £11,229 in last 2 years, £28,654 in last 3 years, £17,753 in last 4 years and £15,735 in last 5 years.
Currently average asking price of a property in Folkestone is around £214,769 based on approximately 1,043 properties for sale. Same is the case with rental options based on 78 properties up for rent, average asking rent is around £697 per month.
Estimated property value in Folkestone is £220,337. Average asking price is £214,769 while average price paid is £194,264 which is up by £5,877 and Avg. asking rent £697.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 Folkestone area. In last 1 year alone average price buyer paid is around £194,264 based on approximately 1,043 sales in Folkestone area alone. If you compare it to last 3 years sales of 2,795 properties where buyers paid around £188,698. 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 £187,288 for 4,546 and average amount paid for purchase of approx. 6,206 properties sold in last 7 years comes to about £186,700 per sale.