Arras Close, Folkestone, Kent, CT19
RE

Arras Close, Folkestone, Kent, CT19

By Reeds Rains

£ 245,000

Reviews

4 out of 5 stars

Reeds Rains says ..

Somme House is highly energy efficient contemporary styled modern development located close to Folkestone sea front, town centre and high speed train station. The apartment has an abundance of light from the multiple full height windows, offering a stylish open plan kitchen/living spac...

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom apartment located in Arras Close, East Folkestone, Kent. It is a new build apartment with 695 sqft of living space and benefits from a communal garden. The nearest train station, Folkestone Central, is 1.17km away. Several primary schools are within a 1km radius, including Christ Church Cep Academy, which has a good Ofsted rating.

Based on the provided images, the property appears to be in excellent condition, with a modern, well-maintained interior and exterior. The kitchen and bathrooms are contemporary and well-equipped. There is no evidence of wear and tear or the need for renovation.

The list price is £245,000. The average price for properties in the area is £267,119, and the average price per sqft is £301. While the property is smaller than the average (695 sqft vs 886 sqft), its modern condition and proximity to amenities suggest the price is reasonable. Nearby comparable apartments have sold for £175,000 and £235,000. Considering the apparent high quality of this new build compared to those, the price seems justified. The lack of a private garden is offset by the communal green space.

The location scores well due to its proximity to transport links and schools. However, the lack of specific details on local shops and other amenities prevents a more definitive assessment.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
10
Location
8
Land
7
Bedrooms
2
Bathrooms
2
Sqft (est)
695.00

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
232,813.00 £
Decreased by 16.54 %
from 278,947.00 £
Est sale value
196,685.00 £
Decreased by 20.95 %
from 248,810.00 £
Average area rental value
1,254.00 £/mo
Increased by 17.86 %
from 1,064.00 £/mo
Est letting value
695.00 £/mo
Unchanged by 0.00 %
from 695.00 £/mo
Est rental Yield
6.46 %
Increased by 41.05 %
from 4.58 %
Crime Rate
18.00 %
Unchanged by 0.00 %
from 18.00 %

Agent Activity

  • Reeds Rains created the listing.

Nearby Schools

NameTypeOfstedDistance
Mundella Primary SchoolAcademy Converter0.23 KM
Folkestone Early Years CentreChildren's Centre0.43 KM
Christ Church Cep Academy, FolkestoneAcademy ConverterGood0.61 KM
Castle Hill Community Primary SchoolCommunity SchoolGood0.79 KM
The Village Children'S CentreChildren's Centre0.79 KM

Images

Somme House Open Plan Living Open Plan Living Open Plan Living Somme House En-Suite Entrance Hallway Bathroom Kitchen Open Plan Living Bedroom 1 Bedroom 1 Entrance Hallway Bedroom 2 Somme House Somme House Somme House Somme House Somme House Somme House Somme House

Nearby Streets

NameAverage PriceAverage SqftDistance
Arras Close £ 000.00 KM
Arras Close £ 000.00 KM
Palmerston Street £ 150,00000.00 KM
St John's Street £ 000.00 KM
Saint Michael's Street £ 100,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Folkestone Central5035FKC1.17 KM
Folkestone West5027FKW2.84 KM

Nearby Listings

AddressPriceTypeScoreDistance
Arras Close, Folkestone, Kent, CT19 £ 220,000BUY7 / 100.00 KM
Arras Close, Folkestone, Kent, CT19 £ 227,500BUY7 / 100.00 KM
Arras Close, Folkestone, Kent, CT19 £ 245,000BUY8 / 100.00 KM
Arras Close, Folkestone, Kent, CT19 £ 232,500BUYUnknown0.00 KM
Arras Close, Folkestone, Kent, CT19 £ 225,000BUYUnknown0.00 KM

Nearby Properties

AddressPriceDistance
17 Shepway Close £ 135,0000.07 KM
9 Shepway Close £ 52,9500.07 KM
15 Shepway Close £ 125,0000.07 KM
8 Linden Crescent £ 210,0000.09 KM
22 Linden Crescent £ 132,0000.09 KM