SECOND FLOOR FLAT, 47, COOLINGE ROAD, FOLKESTONE, CT20 1EW - £85,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

SECOND FLOOR FLAT is a flat, which could now be worth an estimated £115,359. It was last sold for £85,500 in September 2007, which was around 33% below the average September 2007 flat price in the Folkestone and Hythe local authority area.

SECOND FLOOR FLAT Sold Prices

Land registry data shows two sales for SECOND FLOOR FLAT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Folkestone and Hythe local authority area for the corresponding sale date. Both of the two SECOND FLOOR FLAT sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 7 SEP	£85,500	£126,875	33% below HPI
2003 14 APR	£55,000	£82,141	33% below HPI

What might SECOND FLOOR FLAT be worth now?

SECOND FLOOR FLAT might now be worth an estimated £115,359.

This is based on house price inflation of 34.9%, between September 2007 and May 2026, for flats, in the Folkestone and Hythe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.9% inflationary increase is applied to the most recent sale price for SECOND FLOOR FLAT of £85,500 on 7th September 2007. For the value to have increased from £85,500 to £115,359 over the nineteen years and four months to May 2026, the following assumptions must hold true:

• The value of SECOND FLOOR FLAT has moved in line with the HPI for flats in the Folkestone and Hythe local authority area.
• The September 2007 sale price of £85,500 represented a fair market value for the property.
• The size, condition, and specification of SECOND FLOOR FLAT has not materially changed since September 2007.