The Leas, Folkestone, CT20

Street Guide For The Leas, Folkestone, CT20

 

The Leas, Folkestone, CT20 Map

Estimated Price: £238,098
Average Asking Price: £220,056
Price change in last one year: £13,467
Average Price Paid: £193,272
Average Rent Rates: £690

 

Property Prices Breakdown in The Leas, Folkestone, CT20

Average Price for property in The Leas, Folkestone, CT20 is around £238,098 which varies based on type of property you are interested in and ranges from £1,215,703 for detached house to around £326,826 for semi-detached. Similarly flat is around £230,803. Values have been changing and have risen £257 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £692 in last 6 months, £13,467 in last 1 year, £26,585 in last 2 years, £32,837 in last 3 years, £23,910 in last 4 years and £25,707 in last 5 years.

Currently average asking price of a property in The Leas, Folkestone, CT20 is around £220,056 based on approximately 14 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £690 per month.

Estimated property value in The Leas, Folkestone, CT20 is £238,098. Average asking price is £220,056 while average price paid is £174,282 which is up by £13,467 and Avg. asking rent £690.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 The Leas, Folkestone, CT20 area. In last 1 year alone average price buyer paid is around £174,282 based on approximately 14 sales in The Leas, Folkestone, CT20 area alone. If you compare it to last 3 years sales of 32 properties where buyers paid around £187,779. 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 £193,272 for 46 and average amount paid for purchase of approx. 65 properties sold in last 7 years comes to about £191,304 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 £89,992, £144,400 for a 2 bedroom house, £263,466 for a 3 bedroom house, £382,040 for a 4 bedroom house and £356,106 for a 5 bedroom house. For a flat similarly the prices varies from £96,468 for a single bedroom to £188,238 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £185,598, £284,995 for a 4 bedroom flat and £220,000 for a 5 bedroom flat. To sum up the asking prices for properties in The Leas, Folkestone, CT20 it comes to around average £95,879 for 1 bedroom property, £182,653 for 2 bedroom, £221,146 for 3 bedroom, £349,692 for 4 bedroom and £342,495 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 £299 for 1 bedroom to £975 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £567. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £646, £723 for 3 bedroom and £750 for 4 bedroom. You should be generally be expecting around average £546 rent per month for single bedroom property, £646 for 2 bedroom, £759 for 3 bedroom and approximately £750 for 4 bedroom property in The Leas, Folkestone, CT20 area.

Popular Houses in The Leas, Folkestone, CT20

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 The Leas, Folkestone, CT20