You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in CT18

House Prices in CT18

The average house price in CT18 (Folkestone) is £474,722 using HM Land Registry data.

The average property price increased by £61,450 (27.49%) over the last 5 years and increased by £12,312 (4.11%) over the last 12 months.

Over the last year, there were 145 residential property sales – a decrease of 36 transactions (-24.83%) relative to the previous year. The majority of house sales (38) were in the £312,000 - £374,000 range. Then came properties in the £250,000 - £312,000 range, where 28 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 70 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,681 (-2%).

In Oct 24, there were 52 new estate agency instructions, 28 agreed home sales and 44 property price reductions.

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.

Property Market Heat Gauge for CT18 (Folkestone) - Oct 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
20 Heyford Close, Hawkinge, Folkestone, Kent, CT18 7FQ	£450,000	£430,000	-£20,000	25 Mar 2024	12 Aug 2024	140 Days
60 Webster Way, Hawkinge, Folkestone, Kent, CT18 7PZ	£550,000	£530,000	-£20,000	21 Mar 2024	12 Aug 2024	144 Days
147 Capel Street, Capel Le Ferne, Folkestone, Kent, CT18 7HA	£500,000	£490,000	-£10,000	12 Feb 2024	12 Aug 2024	182 Days
2 Minter Avenue, Densole, Folkestone, Kent, CT18 7DS	£350,000	£342,000	-£8,000	10 Feb 2024	06 Aug 2024	178 Days
57 Campbell Road, Hawkinge, Folkestone, Kent, CT18 7TL	£350,000	£348,000	-£2,000	31 Jan 2024	18 Jul 2024	169 Days
Cherry Tree Cottage, Canterbury Road, Etchinghill, Folkestone, Kent, CT18 8DE	£535,000	£522,500	-£12,500	22 Nov 2023	17 Jul 2024	238 Days
92 The Street, Hawkinge, Folkestone, Kent, CT18 7DE	£695,000	£690,000	-£5,000	01 Feb 2024	16 Jul 2024	166 Days
39 Stansfeld Avenue, Hawkinge, Folkestone, Kent, CT18 7SA	£675,000	£675,000	£00	19 Mar 2024	09 Jul 2024	112 Days
1 Dibgate Cottages, Newington, Folkestone, Kent, CT18 8BJ	£280,000	£280,000	£00	20 Mar 2023	30 Jun 2024	468 Days
5 Minter Avenue, Densole, Folkestone, Kent, CT18 7DS	£310,000	£305,000	-£5,000	23 Sep 2023	25 Jun 2024	276 Days
Blanchland, Barton Field, Lyminge, Folkestone, Kent, CT18 8EX	£675,000	£622,500	-£52,500	08 Feb 2024	17 Jun 2024	130 Days
66 Heron Forstal Avenue, Hawkinge, Folkestone, Kent, CT18 7PG	£375,000	£375,000	£00	21 May 2024	03 Jun 2024	13 Days
116 Canterbury Road, Hawkinge, Folkestone, Kent, CT18 7BN	£315,000	£310,000	-£5,000	08 Feb 2024	30 May 2024	112 Days
Bridge Cottage, Nash Hill, Lyminge, Folkestone, Kent, CT18 8ED	£562,500	£550,000	-£12,500	07 Nov 2023	30 May 2024	205 Days
28 Webster Way, Hawkinge, Folkestone, Kent, CT18 7QG	£350,000	£350,000	£00	01 Feb 2024	22 May 2024	111 Days
6 Albany Road, Capel Le Ferne, Folkestone, Kent, CT18 7JT	£425,000	£410,000	-£15,000	10 Sep 2023	21 May 2024	254 Days
Corton, Alkham Valley Road, Drellingore, Folkestone, Kent, CT18 7EP	£575,000	£575,000	£00	02 Oct 2023	14 May 2024	225 Days
5 Old Dover Road, Capel Le Ferne, Folkestone, Kent, CT18 7HJ	£340,000	£330,000	-£10,000	27 Dec 2023	08 May 2024	133 Days
11 Mount Pleasant Close, Lyminge, Folkestone, Kent, CT18 8HF	£487,500	£477,500	-£10,000	16 Nov 2023	03 May 2024	169 Days
22 Cricketers Close, Hawkinge, Folkestone, Kent, CT18 7NH	£325,000	£325,000	£00	02 Feb 2024	24 Apr 2024	82 Days

Most Expensive Streets in CT18 (Folkestone)

Postcode	Street	Area	Average	No. of Sales
CT18 8ED	Nash Hill, Lyminge	Folkestone	£786,666	3
CT18 7UE	Windmill Close, Hawkinge	Folkestone	£674,666	9
CT18 8DH	Farthing Common, Lyminge	Folkestone	£658,000	5
CT18 8DB	Canterbury Road, Etchinghill	Folkestone	£609,000	3
CT18 8DA	Teddars Leas Road, Etchinghill	Folkestone	£601,421	7
CT18 8ER	Dog Kennel Lane, Lyminge	Folkestone	£586,666	3
CT18 8DP	Woodland Road, Lyminge	Folkestone	£577,000	3
CT18 8DF	Canterbury Road, Etchinghill	Folkestone	£564,999	5
CT18 8EL	High Street, Lyminge	Folkestone	£543,750	4
CT18 7PZ	Webster Way, Hawkinge	Folkestone	£531,250	4

Least Expensive Streets in CT18 (Folkestone)

Postcode	Street	Area	Average	No. of Sales
CT18 8LZ	Wentworth Close, Lyminge	Folkestone	£129,749	8
CT18 7RQ	Memorial Mews, Aerodrome Road	Folkestone	£132,083	6
CT18 7TR	Carter Close, Hawkinge	Folkestone	£171,333	3
CT18 7SH	Stocker Court, Paxton Avenue	Folkestone	£172,333	3
CT18 7RT	Milliner House, Harrier Close	Folkestone	£173,500	3
CT18 7SU	Defiant Close, Hawkinge	Folkestone	£176,650	15
CT18 7UH	Hawker House, Spindle Close	Folkestone	£202,636	11
CT18 7EF	St Lukes Walk, Hawkinge	Folkestone	£213,333	3
CT18 7FH	Vickers Close, Hawkinge	Folkestone	£221,900	5
CT18 7AG	Aerodrome Road, Hawkinge	Folkestone	£230,833	3