Reeds Rains Folkestone Local Area Guide

How is the Folkestone property market performing?

Reeds Rains for sale

Average property price in Folkestone

£332,056
+24.0%
Last 5 years
Based on the Land Registry data for properties sold within the postcodes that Reeds Rains Folkestone covers.
Reeds Rains to let

Average rental price in Folkestone

£952
pcm
+23.1%
Last 12 months
+15.1%
Last 5 years
Based on the advertised rental prices for properties to rent by Reeds Rains Folkestone in the last 12 months from today's date.

Our seaside town has been ranked among some of the most upcoming areas in the country to buy a house by a number of property magazines and television programmes. With the commuter distance on a par with the more fashionable Brighton, but with prices in the Sussex city almost the same as in the capital, Folkestone has gained "waterfront affections" and is fast  becoming the place to buy.

We are also the home of ‘The Creative Quarter’. The Creative Foundation, oversaw the purchase, refurbishment and management of properties in the Creative Quarter. When the foundation began its work, many of the buildings in the area were in a very poor state, having been unused and left in disrepair for years. The Creative Foundation has breathed new life into these often previously uninhabitable buildings by undertaking intensive work to renovate or reconstruct them, so that they can be occupied by the creative businesses, artists and residents that have become part of the Creative Quarter.