FLAT 2, 5, THE CRESCENT, SANDGATE, FOLKESTONE, CT20 3EE - £122,000

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.

FLAT 2 5 THE CRESCENT is a very small flat of 43m², built sometime before 1900, which could now be worth an estimated £115,118. It was last sold for £122,000 in July 2023, which was around 31% below the average July 2023 flat price in the Folkestone and Hythe local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

FLAT 2 5 THE CRESCENT Sold Prices

Land registry data shows three sales for FLAT 2 5 THE CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the three FLAT 2 5 THE CRESCENT 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
2023 28 JUL	£122,000	£176,814	31% below HPI
2007 14 MAR	£115,000	£118,732	3% below HPI
2006 31 MAR	£99,000	£111,367	11% below HPI

What might FLAT 2 5 THE CRESCENT be worth now?

FLAT 2 5 THE CRESCENT might now be worth an estimated £115,118.

This is based on house price deflation of 5.6%, between July 2023 and April 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 5.6% deflationary decrease is applied to the most recent sale price for FLAT 2 5 THE CRESCENT of £122,000 on 28th July 2023. For the value to have decreased from £122,000 to £115,118 over the three years and three months to April 2026, the following assumptions must hold true:

• The value of FLAT 2 5 THE CRESCENT has moved in line with the HPI for flats in the Folkestone and Hythe local authority area.
• The July 2023 sale price of £122,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 2 5 THE CRESCENT has not materially changed since July 2023.

How Large is FLAT 2 5 THE CRESCENT?

FLAT 2 5 THE CRESCENT is 43m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of flats in Folkestone, based on EPC data. 13% of flats are smaller than FLAT 2 5 THE CRESCENT, and 86% of flats are larger. Note that EPC data is not available for all properties in Folkestone.

FLAT 2 5 THE CRESCENT: Plot

FLAT 2 5 THE CRESCENT sits on a plot of roughly 0.021 of an acre, or 83m².

Where is FLAT 2 5 THE CRESCENT?

FLAT 2, 5 THE CRESCENT is located in SANDGATE, in the CT20 postcode district.