House prices in CT19 5 (Folkestone)

This article reveals price per square metre data and various charts to help you understand current housing market in Folkestone (CT19 5).


Defining 'CT19 5'

This analysis is limited to properties whose postcode starts with "CT19 5", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Folkestone.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Folkestone is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 21, Gladstone Road, Folkestone, sold for £232,500 on Apr-2024. Given the internal area of 89 square metres, the price per sqm is £2,612.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 206 sales in Folkestone (CT19 5) that took place in the last two years.

Distribution of £ per sqm for Folkestone
Distribution of £ per sqm house prices in Folkestone

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Folkestone (CT19 5). Of the 206 transactions, half were sold for between £2,740 and £3,900 per square metre. The median, or 'middle', price per square metre in 'CT19 5' is £3,230. Notably, only 25% of properties that sold recently were valued at more than £3,900 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Folkestone

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Folkestone. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Folkestone
House price heatmap for Folkestone

Comparison with neighbouring postcode sectors

The table below shows how 'CT19 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CT19 5 Folkestone £2,740 sqm £3,230 sqm £3,900 sqm
CT19 4 Folkestone £2,780 sqm £3,290 sqm £3,660 sqm
CT19 6 Folkestone £2,540 sqm £3,010 sqm £3,500 sqm

Will Folkestone house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for CT19 5 (Folkestone) compared with both the wider area CT19 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Folkestone,Folkestone
House price trends for Folkestone

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent CT19 5 sales
Recent trends for Folkestone

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Folkestone to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Folkestone and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqm Recent sales
Lynwood, Folkestone, CT19 5D 82 sqm £3,661 32
Downs Road, Folkestone, CT19 5P 103 sqm £3,614 30
Linden Crescent, Folkestone, CT19 5S 107 sqm £2,200 19
Garden Road, Folkestone, CT19 5R 81 sqm £2,354 17
Canterbury Road, Folkestone, CT19 5N 90 sqm £2,724 16
Fernbank Crescent, Folkestone, CT19 5S 90 sqm £2,306 15
Cherry Garden Avenue, Folkestone, CT19 5L 121 sqm £2,855 15
Black Bull Road, Folkestone, CT19 5Q 94 sqm £2,129 14

Search for your street here.

Raw data

Our analysis of Folkestone is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
21, Gladstone Rd, Folkestone £232,500
Apr-2024
89 2,612
37, Middlemead, Folkestone £290,000
Mar-2024
65 4,461
25, Trinity Drive, Folkestone £470,000
Mar-2024
159 2,955

See the entire list of all sales in Folkestone (CT19 5) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.