Richmond Street, Folkestone, CT19

Street Guide For Richmond Street, Folkestone, CT19

 

Richmond Street, Folkestone, CT19 Map

Estimated Price: £168,782
Average Asking Price: £178,288
Price change in last one year: £11,284
Average Price Paid: £136,900
Average Rent Rates: £674

 

Property Prices Breakdown in Richmond Street, Folkestone, CT19

Average Price for property in Richmond Street, Folkestone, CT19 is around £168,782 which varies based on type of property you are interested in and ranges from £166,263 for semi-detached to around £168,969 for terraced house. Values have been changing and have risen £328 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £55 in last 6 months, £11,284 in last 1 year, £20,716 in last 2 years, £23,496 in last 3 years, £16,756 in last 4 years and £20,697 in last 5 years.

Currently average asking price of a property in Richmond Street, Folkestone, CT19 is around £178,288 based on approximately 1 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 Richmond Street, Folkestone, CT19 is £168,782. Average asking price is £178,288 while average price paid is £143,500 which is up by £11,284 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 Richmond Street, Folkestone, CT19 area. In last 1 year alone average price buyer paid is around £143,500 based on approximately 1 sales in Richmond Street, Folkestone, CT19 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £137,833. 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 £136,900 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £136,357 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 £114,975, £167,740 for a 2 bedroom house, £186,464 for a 3 bedroom house, £210,537 for a 4 bedroom house and £268,750 for a 5 bedroom house. For a flat similarly the prices varies from £109,952 for a single bedroom to £129,071 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £195,822 and £120,000 for a 4 bedroom flat. To sum up the asking prices for properties in Richmond Street, Folkestone, CT19 it comes to around average £110,696 for 1 bedroom property, £142,881 for 2 bedroom, £187,565 for 3 bedroom, £203,573 for 4 bedroom and £268,750 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 £416 for 1 bedroom to £666 for 2 bedrooms, £706 for 3 bedrooms, £849 for 4 bedrooms and £1,395 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £475. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £624 and £576 for 3 bedroom. You should be generally be expecting around average £460 rent per month for single bedroom property, £647 for 2 bedroom, £680 for 3 bedroom, £849 for 4 bedroom and approximately £1,395 for a 5 bedroom property in Richmond Street, Folkestone, CT19 area.

Popular Houses in Richmond Street, Folkestone, CT19

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 Richmond Street, Folkestone, CT19