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House Prices in CT18 House Prices in CT18 (Folkestone)

The average house price in CT18 (Folkestone) is £379,925 using HM Land Registry data.

The average property price increased by £58,111 (27.49%) over the last 5 years and increased by £11,644 (4.11%) over the last 12 months.

Over the last year, there were 154 residential property sales – a decrease of 40 transactions (-25.97%) relative to the previous year. The majority of house sales (41) were in the £312,000 - £374,000 range. Then came properties in the £250,000 - £312,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 106 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,841 (-2%).

In Dec 24, there were 50 new estate agency instructions, 28 agreed home sales and 10 property price reductions.

Nearby Postcodes: CT1, CT14, CT15, CT16, CT17, CT19, CT2, CT20, CT21, CT3, CT4, ME13, TN23, TN24, TN25, TN26, TN27, TN29

5-Year Average Property Prices in CT18 (Folkestone)

27.49%

Property prices in Folkestone increased by 27.49% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in CT18 (Folkestone) Over the Last Year

4.11%

Property prices in Folkestone increased by 4.11% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for CT18 (Folkestone) - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in CT18 (Folkestone)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in CT18 (Folkestone)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in CT18 (Folkestone)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the CT18 (Folkestone) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CT18 postcode area since 1995.

Recent Sales in CT18 (Folkestone)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
7 Gloster Close, Hawkinge, Folkestone, Kent, CT18 7PP£550,000£540,000-£10,00022 Apr 202414 Nov 2024206 Days
80 Capel Street, Capel Le Ferne, Folkestone, Kent, CT18 7HF£425,000£425,000£0008 Jul 202406 Nov 2024121 Days
4 Gardner Close, Hawkinge, Folkestone, Kent, CT18 7QJ£500,000£480,000-£20,00006 Apr 202430 Oct 2024207 Days
5 Atkinson Road, Hawkinge, Folkestone, Kent, CT18 7SB£335,000£333,000-£2,00015 Jan 202425 Oct 2024284 Days
12 Aerodrome Road, Hawkinge, Folkestone, Kent, CT18 7BT£250,000£245,000-£5,00010 May 202421 Oct 2024164 Days
2 Mount Pleasant Close, Lyminge, Folkestone, Kent, CT18 8HF£375,000£353,000-£22,00021 May 202418 Oct 2024150 Days
11 St Marys Drive, Etchinghill, Folkestone, Kent, CT18 8NQ£399,995£392,000-£7,99524 Jun 202418 Oct 2024116 Days
10 Elizabeth Drive, Capel Le Ferne, Folkestone, Kent, CT18 7NA£500,000£500,000£0016 Apr 202427 Sep 2024164 Days
149 Old Dover Road, Capel Le Ferne, Folkestone, Kent, CT18 7HX£375,000£370,000-£5,00005 Jun 202427 Sep 2024114 Days
18 Kirton Close, Hawkinge, Folkestone, Kent, CT18 7QW£325,000£317,500-£7,50019 May 202406 Sep 2024110 Days
3 Parker Place, Hawkinge, Folkestone, Kent, CT18 7NS£325,000£322,500-£2,50019 Jul 202406 Sep 202449 Days
10 Demozay Close, Hawkinge, Folkestone, Kent, CT18 7PL£425,000£405,000-£20,00027 Feb 202430 Aug 2024185 Days
20 Heyford Close, Hawkinge, Folkestone, Kent, CT18 7FQ£450,000£430,000-£20,00025 Mar 202412 Aug 2024140 Days
60 Webster Way, Hawkinge, Folkestone, Kent, CT18 7PZ£550,000£530,000-£20,00021 Mar 202412 Aug 2024144 Days
147 Capel Street, Capel Le Ferne, Folkestone, Kent, CT18 7HA£500,000£490,000-£10,00012 Feb 202412 Aug 2024182 Days
2 Minter Avenue, Densole, Folkestone, Kent, CT18 7DS£350,000£342,000-£8,00010 Feb 202406 Aug 2024178 Days
57 Campbell Road, Hawkinge, Folkestone, Kent, CT18 7TL£350,000£348,000-£2,00031 Jan 202418 Jul 2024169 Days
Cherry Tree Cottage, Canterbury Road, Etchinghill, Folkestone, Kent, CT18 8DE£535,000£522,500-£12,50022 Nov 202317 Jul 2024238 Days
92 The Street, Hawkinge, Folkestone, Kent, CT18 7DE£695,000£690,000-£5,00001 Feb 202416 Jul 2024166 Days
39 Stansfeld Avenue, Hawkinge, Folkestone, Kent, CT18 7SA£675,000£675,000£0019 Mar 202409 Jul 2024112 Days

Most Expensive Streets in CT18 (Folkestone)

PostcodeStreetAreaAverageNo. of Sales
CT18 8EDNash Hill, LymingeFolkestone£786,6663
CT18 7UEWindmill Close, HawkingeFolkestone£674,6669
CT18 8DHFarthing Common, LymingeFolkestone£658,0005
CT18 8DBCanterbury Road, EtchinghillFolkestone£609,0003
CT18 8DATeddars Leas Road, EtchinghillFolkestone£601,4217
CT18 8ERDog Kennel Lane, LymingeFolkestone£586,6663
CT18 8DPWoodland Road, LymingeFolkestone£577,0003
CT18 8DFCanterbury Road, EtchinghillFolkestone£564,9995
CT18 8ELHigh Street, LymingeFolkestone£543,7504
CT18 7PZWebster Way, HawkingeFolkestone£531,2504

Least Expensive Streets in CT18 (Folkestone)

PostcodeStreetAreaAverageNo. of Sales
CT18 8LZWentworth Close, LymingeFolkestone£129,7498
CT18 7RQMemorial Mews, Aerodrome RoadFolkestone£132,0836
CT18 7TRCarter Close, HawkingeFolkestone£171,3333
CT18 7SHStocker Court, Paxton AvenueFolkestone£172,3333
CT18 7RTMilliner House, Harrier CloseFolkestone£173,5003
CT18 7SUDefiant Close, HawkingeFolkestone£180,69614
CT18 7UHHawker House, Spindle CloseFolkestone£205,33312
CT18 7FHVickers Close, HawkingeFolkestone£221,9005
CT18 7EFSt Lukes Walk, HawkingeFolkestone£230,0004
CT18 7AGAerodrome Road, HawkingeFolkestone£230,8333

Explore CT18 (Folkestone) using map

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