Palm Tree Way, Lyminge, Folkestone, CT18

Street Guide For Palm Tree Way, Lyminge, Folkestone, CT18

 

Palm Tree Way, Lyminge, Folkestone, CT18 Map

Estimated Price: £211,613
Average Asking Price: £279,492
Price change in last one year: £15,344
Average Price Paid: £191,361
Average Rent Rates: £779

 

Property Prices Breakdown in Palm Tree Way, Lyminge, Folkestone, CT18

Average Price for property in Palm Tree Way, Lyminge, Folkestone, CT18 is around £211,613 which varies based on type of property you are interested in and ranges from £385,370 for detached house to around £204,373 for semi-detached. Values have been changing and have risen £157 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,492 in last 6 months, £15,344 in last 1 year, £27,660 in last 2 years, £30,176 in last 3 years, £23,029 in last 4 years and £29,001 in last 5 years.

Currently average asking price of a property in Palm Tree Way, Lyminge, Folkestone, CT18 is around £279,492 based on approximately 2 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £779 per month.

Estimated property value in Palm Tree Way, Lyminge, Folkestone, CT18 is £211,613. Average asking price is £279,492 while average price paid is £206,500 which is up by £15,344 and Avg. asking rent £779.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 Palm Tree Way, Lyminge, Folkestone, CT18 area. In last 1 year alone average price buyer paid is around £206,500 based on approximately 2 sales in Palm Tree Way, Lyminge, Folkestone, CT18 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £208,800. 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 £191,361 for 9 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £194,840 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £250,000, £175,966 for a 2 bedroom house, £256,074 for a 3 bedroom house, £328,746 for a 4 bedroom house and £398,750 for a 5 bedroom house. For a flat similarly the prices varies from £102,500 for a single bedroom to £145,000 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £233,500. To sum up the asking prices for properties in Palm Tree Way, Lyminge, Folkestone, CT18 it comes to around average £176,250 for 1 bedroom property, £174,031 for 2 bedroom, £254,999 for 3 bedroom, £328,746 for 4 bedroom and £398,750 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £743 for 2 bedroom to £842 for 3 bedroom. But if you are interested in renting a 3 bedroom flat then rent per month can be around £776. You should be generally be expecting around average £743 rent per month for 2 bedroom property and approximately £829 for 3 bedroom property in Palm Tree Way, Lyminge, Folkestone, CT18 area.

Popular Houses in Palm Tree Way, Lyminge, Folkestone, CT18

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Palm Tree Way, Lyminge, Folkestone, CT18