Millfield, Folkestone, Kent, CT20
RE

Millfield, Folkestone, Kent, CT20

By Reeds Rains

£ 325,000

Reviews

3 out of 5 stars

Reeds Rains says ..

Reeds Rains are delighted to bring to the market this four bedroom end of terrace house which is only 5 years old. Millfield Mews is a small development of three houses located of the edge of Folkestone's vibrant town centre within walking distance of the mainline railway station. Deceptively spa...

Property Oracle says ..

The property is located on Millfield in Folkestone, Kent. It’s a four-bedroom, two-bathroom property with a total area of 1,299.20 sqft. The listing price is £325,000.

The property appears to be in good condition based on the provided photographs. The kitchen and bathrooms look recently updated and modern. There is evidence of some wear and tear in some areas, but nothing significant that would require major repairs. The property benefits from a small, manageable rear garden.

The location is good. It’s within walking distance of Folkestone Central train station (0.74km), providing convenient access to transport links. Several schools are also nearby, including Christ Church Cep Academy (0.26km) and St Eanswythe’s Church of England Primary School (0.73km), both with good Ofsted ratings.

Considering the average price of similar properties in the area (£257,796) and the average price per sqft (£293), the asking price of £325,000 seems slightly above average. However, the property’s good condition, modern updates, and convenient location justify a higher price compared to properties needing renovation or in less desirable areas. The presence of a garden, while small, also adds value. Nearby comparable properties on Millfield have sold for significantly higher prices, suggesting the list price may be reasonable within the context of the local market.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
8
Land
6
Bedrooms
4
Bathrooms
2
Sqft (est)
1,299.20

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
192,063.00 £
Decreased by 35.58 %
from 298,143.00 £
Est sale value
396,256.00 £
Increased by 6.27 %
from 372,870.40 £
Average area rental value
1,278.00 £/mo
Increased by 20.45 %
from 1,061.00 £/mo
Est letting value
2,598.40 £/mo
Increased by 100.00 %
from 1,299.20 £/mo
Est rental Yield
7.98 %
Increased by 86.89 %
from 4.27 %
Crime Rate
18.00 %
Unchanged by 0.00 %
from 18.00 %

Agent Activity

  • Reeds Rains created the listing.

Nearby Schools

NameTypeOfstedDistance
Christ Church Cep Academy, FolkestoneAcademy ConverterGood0.26 KM
St Eanswythe'S Church Of England Primary SchoolAcademy ConverterOutstanding0.73 KM
Folkestone Early Years CentreChildren's Centre0.77 KM
Stella Maris Catholic Primary SchoolAcademy ConverterGood0.89 KM
Compass Community School Coastal ParkOther Independent Special SchoolRequires improvement0.98 KM

Images

Picture No. 02 Picture No. 04 Picture No. 14 Picture No. 16 Picture No. 15 Picture No. 07 Picture No. 12 Picture No. 08 Picture No. 17 Picture No. 09 Picture No. 06 Picture No. 10 Picture No. 11 Picture No. 13 Picture No. 03 Picture No. 05 Picture No. 01

Nearby Streets

NameAverage PriceAverage SqftDistance
Albion Mews Road £ 100,00000.00 KM
Road Of Remembrance £ 000.00 KM
Palmerston Street £ 150,00000.00 KM
Market Place £ 000.00 KM
George Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Folkestone Central5035FKC0.74 KM
Folkestone West5027FKW2.45 KM

Nearby Listings

AddressPriceTypeScoreDistance
Millfield, Folkestone, Kent, CT20 £ 450,000BUY4 / 100.03 KM
18 Millfield, Folkestone, CT20 £ 160,000BUY6 / 100.08 KM
Millfield, Folkestone, Kent, CT20 £ 575,000BUYUnknown0.10 KM
Cheriton Road, Folkestone, CT20 £ 100,000BUY6 / 100.10 KM
Cheriton Road, Folkestone, CT20 £ 135,000BUY5 / 100.11 KM

Nearby Properties

AddressPriceDistance
7 Millfield £ 242,0000.01 KM
9 Millfield £ 500,0000.01 KM
12 Millfield £ 210,0000.01 KM
21 Millfield £ 435,0000.01 KM
35b Millfield £ 79,0000.02 KM