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House Prices in CT20 House Prices in CT20 (Folkestone)

The average house price in CT20 (Folkestone) is £269,566 using HM Land Registry data.

The average property price increased by £40,018 (50.87%) over the last 5 years and increased by £8,016 (6.57%) over the last 12 months.

Over the last year, there were 298 residential property sales – a decrease of 114 transactions (-38.26%) relative to the previous year. The majority of house sales (93) were in the £202,000 - £294,000 range. Then came properties in the £294,000 - £386,000 range, where 60 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 174 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,925 (-3%).

In January 2025, there were 83 new estate agency instructions, 54 agreed home sales and 65 property price reductions.

Nearby Postcodes: CT15, CT18, CT19, CT21, CT4, TN25, TN29

5-Year Average Property Prices in CT20 (Folkestone)

50.87%

Property prices in CT20 (Folkestone) increased by 50.87% 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 CT20 (Folkestone) Over the Last Year

6.57%

Property prices in CT20 (Folkestone) increased by 6.57% 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 CT20 (Folkestone) - January 2025

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 CT20 (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 CT20 (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 CT20 (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 CT20 (Folkestone) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CT20 postcode area since 1995.

Recent Sales in CT20 (Folkestone)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
53 Chichester Road, Sandgate, Folkestone, Kent, CT20 3BW£450,000£430,000-£20,00002 Jul 202405 Dec 2024156 Days
28 St Pauls Way, Folkestone, Kent, CT20 3NT£275,000£265,000-£10,00003 Sep 202404 Dec 202492 Days
18 Meadowbrook, Sandgate, Folkestone, Kent, CT20 3NY£385,000£377,500-£7,50026 Jun 202426 Nov 2024153 Days
3 Fenner Close, Folkestone, Kent, CT20 3NH£295,000£285,000-£10,00030 May 202422 Nov 2024176 Days
47e, Augusta Gardens, Folkestone, Kent, CT20 2RS£150,000£140,000-£10,00002 Apr 202418 Nov 2024230 Days
29 Audley Road, Folkestone, Kent, CT20 3QB£775,000£770,000-£5,00012 Mar 202414 Nov 2024247 Days
70 Risborough Lane, Folkestone, Kent, CT20 3JT£285,000£272,500-£12,50005 Aug 202425 Oct 202481 Days
55 Cromwell Park Place, Folkestone, Kent, CT20 3SD£295,000£290,000-£5,00002 Aug 202423 Oct 202482 Days
Chilham Suite, The Grand, The Leas, Folkestone, Kent, CT20 2LR£399,950£395,000-£4,95016 Oct 202318 Oct 2024368 Days
32 Harbour Way, Folkestone, Kent, CT20 1NF£260,000£242,500-£17,50012 Jun 202418 Oct 2024128 Days
34 Morrison Road, Folkestone, Kent, CT20 1PQ£325,000£325,000£005 Apr 202418 Oct 2024196 Days
81 Cromwell Park Place, Folkestone, Kent, CT20 3SD£200,000£195,000-£5,00003 Jun 202418 Oct 2024137 Days
34 Turketel Road, Folkestone, Kent, CT20 2NZ£900,000£900,000£008 Apr 202427 Aug 2024141 Days
4 Hythe Close, Folkestone, Kent, CT20 3QH£285,000£274,500-£10,50025 Mar 202423 Aug 2024151 Days
55 Chalcroft Road, Folkestone, Kent, CT20 3NQ£210,000£210,000£028 Mar 202416 Aug 2024141 Days
156 Risborough Lane, Folkestone, Kent, CT20 3LL£270,000£260,000-£10,00015 Nov 202306 Aug 2024265 Days
122 Dover Road, Folkestone, Kent, CT20 1NN£400,000£400,000£023 Mar 202419 Jul 2024118 Days
20 Cromwell Park Place, Folkestone, Kent, CT20 3SD£210,000£205,000-£5,00018 Apr 202412 Jul 202485 Days
1 Copthall Gardens, Folkestone, Kent, CT20 1HF£575,000£560,000-£15,00027 Feb 202409 Jul 2024133 Days
59 Chalcroft Road, Folkestone, Kent, CT20 3NG£310,000£305,000-£5,00002 Mar 202408 Jul 2024128 Days

Most Expensive Streets in CT20 (Folkestone)

PostcodeStreetAreaAverageNo. of Sales
CT20 3TLTemeraire HeightsFolkestone£1,122,5006
CT20 3TBUpper Corniche, SandgateFolkestone£911,6663
CT20 3RACoolinge LaneFolkestone£874,2863
CT20 3TUShorncliffe House, EncombeFolkestone£862,16612
CT20 3TTMartello House, EncombeFolkestone£859,8577
CT20 3TWEnbrook House, EncombeFolkestone£840,45411
CT20 3DXSeascape, The EsplanadeFolkestone£820,0004
CT20 2LEPelham GardensFolkestone£810,6663
CT20 3TAThe Corniche, SandgateFolkestone£799,3754
CT20 2RFJointon RoadFolkestone£793,7504

Least Expensive Streets in CT20 (Folkestone)

PostcodeStreetAreaAverageNo. of Sales
CT20 1QBPavilion Court, Marine TerraceFolkestone£65,2503
CT20 2DBPleydell Court, Pleydell GardensFolkestone£84,41212
CT20 1RSEastcliffe Heights, Radnor Bridge RoadFolkestone£85,3378
CT20 1SHGlendale, The BayleFolkestone£89,28514
CT20 2QZCourt PlaceFolkestone£90,10412
CT20 1LADover RoadFolkestone£91,3883
CT20 3RSHomevale House, Sandgate High Street, SandgateFolkestone£91,4277
CT20 2XAHomepine House, Sandgate RoadFolkestone£99,30010
CT20 2XDHomepine House, Sandgate RoadFolkestone£100,65313
CT20 1EYRendezvous StreetFolkestone£102,1254

Explore CT20 (Folkestone) using map

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