Housing Market Analysis for PETREL WAY, CT18 7GZ

Are you looking to understand CT18 7GZ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Folkestone and Hythe postcode.

For the location information and nearby amenities in the CT18 7GZ area, explore the CT18 7GZ Area information page.
For comprehensive crime statistics in the CT18 7GZ area, explore the CT18 7GZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CT18 7GZ postcode area, The average prices are as follows,

Detached
- The average price is around £387,954 median price is £369,000 Standard Deviation is £82,839 with Total Sold: 43
- The Last 5 Year average price is £514,583 with Total Sold: 6
- The most recent sale happened at this postcode is 32 PETREL WAY: £580,000 (Sold on 29 Jun 2021)
- The first recorded sale happened at this postcode is 14 PETREL WAY: £219,000 (Sold on 31 Oct 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average CT18 7GZ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£506,667	£3,328	3
2020	£480,000	£2,981	1
2019	£543,750	£3,003	2
2017	£507,498	£2,934	2
2016	£465,817	£2,447	3
2015	£400,000	£2,454	1
2014	£420,000	£2,386	1
2013	£359,250	£2,566	4
2012	£340,000	£2,319	2
2011	£397,500	£2,228	2
2010	£320,000	£1,963	1
2008	£387,500		1
2006	£344,465	£2,795	4
2005	£356,845	£2,220	4
2004	£368,476	£2,140	7
2003	£350,500	£1,782	2
2002	£219,000	£1,713	3

All the Sales in the PETREL WAY, CT18 7GZ

See the table below for more details on the sold house prices in the CT18 7GZ, Folkestone and Hythe postcode.

Address	Sold Date	Price	% Change
32 PETREL WAYDetached, FreeholdArea: 176 Sq.mtrAge: 2003-2006	29 Jun 2021	£580,000	12.62%
	31 Oct 2017	£515,000	43.45%
	31 Mar 2004	£359,000	First Sale
6 PETREL WAYDetached, FreeholdArea: 163 Sq.mtrAge: 2003-2006	21 Apr 2021	£490,000	22.50%
	17 Nov 2015	£400,000	25.00%
	06 Dec 2010	£320,000	-5.60%
	30 Nov 2004	£339,000	First Sale
14 PETREL WAYDetached, FreeholdArea: 122.21 Sq.mtrAge: 1996-2002	22 Feb 2021	£450,000	45.16%
	23 May 2012	£310,000	41.55%
	31 Oct 2002	£219,000	First Sale
4 PETREL WAYDetached, FreeholdArea: 161 Sq.mtrAge: 2003-2006	29 May 2020	£480,000	33.33%
	28 Sep 2005	£360,000	First Sale
36 PETREL WAYDetached, FreeholdArea: 193 Sq.mtrAge: 2003-2006	17 Jul 2019	£557,500	4.21%
	19 Aug 2016	£535,000	21.45%
	04 Jun 2004	£440,500	First Sale
18 PETREL WAYDetached, FreeholdArea: 170 Sq.mtrAge: 2003-2006	21 Mar 2019	£530,000	6.00%
	09 Nov 2017	£499,995	28.20%
	20 Dec 2013	£390,000	4.28%
	02 Apr 2004	£374,000	First Sale
8 PETREL WAYDetached, FreeholdArea: 176 Sq.mtrAge: 2003-2006	23 May 2016	£439,950	19.88%
	23 Jul 2013	£367,000	1.38%
	17 Feb 2006	£362,000	First Sale
26 PETREL WAYDetached, FreeholdArea: 204.17 Sq.mtrAge: 2003-2006	03 Mar 2016	£422,500	20.03%
	04 Dec 2003	£352,000	First Sale
28 PETREL WAYDetached, FreeholdArea: 176 Sq.mtrAge: 2003-2006	29 Aug 2014	£420,000	13.51%
	14 Dec 2012	£370,000	0.27%
	13 Jul 2004	£369,000	First Sale
12 PETREL WAYDetached, FreeholdArea: 111.54 Sq.mtrAge: 2003-2006	11 Jul 2013	£370,000	4.84%
	24 Jan 2006	£352,930	0.0
	24 Jan 2006	£352,930	First Sale
22 PETREL WAYDetached, Freehold	27 Mar 2013	£310,000	0.0
	25 Apr 2006	£310,000	41.55%
	19 Dec 2002	£219,000	First Sale
20 PETREL WAYDetached, FreeholdArea: 167.43 Sq.mtrAge: 2003-2006	17 Jun 2011	£377,000	2.17%
	29 Jul 2005	£369,000	First Sale
24 PETREL WAYDetached, FreeholdArea: 189.61 Sq.mtrAge: 2003-2006	28 Feb 2011	£418,000	19.77%
	21 Mar 2003	£349,000	First Sale
30 PETREL WAYDetached, Freehold	15 Jan 2008	£387,500	17.84%
30 PETREL WAYDetached, Freehold	11 Feb 2004	£328,830	First Sale
10 PETREL WAYDetached, Freehold	15 Sep 2005	£343,380	First Sale
2 PETREL WAYDetached, Freehold	16 Feb 2005	£355,000	First Sale
34 PETREL WAYDetached, Freehold	28 May 2004	£369,000	First Sale
16 PETREL WAYDetached, FreeholdArea: 134 Sq.mtrAge: 1996-2002	01 Nov 2002	£219,000	First Sale

Check out the sold house prices near the CT18 7GZ postcode. Properties currently for saleProperties currently for rent

PETREL WAY, CT18 7GZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CT18 7GZ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the CT18 7GZ postcode.

Semi-Detached
- The average price is around £242,154 median price is £235,000 Standard Deviation is £105,214 with Total Sold: 451
- The Last 5 Year average price is £362,509 with Total Sold: 109
- The most recent sale happened at this postcode is , 8 HURRICANE WAY: £485,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 139 HERON FORSTAL AVENUE: £61,500 (Sold on 08 Aug 1996)
Detached
- The average price is around £270,640 median price is £250,000 Standard Deviation is £121,191 with Total Sold: 1,071
- The Last 5 Year average price is £440,656 with Total Sold: 129
- The most recent sale happened at this postcode is , 10 DEMOZAY CLOSE: £405,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 104 HERON FORSTAL AVENUE: £68,650 (Sold on 20 Sep 1996)
Terraced
- The average price is around £184,168 median price is £185,000 Standard Deviation is £78,771 with Total Sold: 608
- The Last 5 Year average price is £277,685 with Total Sold: 108
- The most recent sale happened at this postcode is , 56 LEWIS ROAD: £255,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 115 HERON FORSTAL AVENUE: £62,500 (Sold on 14 Jun 1996)
Flat
- The average price is around £154,396 median price is £147,500 Standard Deviation is £75,012 with Total Sold: 157
- The Last 5 Year average price is £221,473 with Total Sold: 46
- The most recent sale happened at this postcode is , 3 ASPEN WAY: £480,000 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 18 PAXTON AVENUE: £159,000 (Sold on 19 Jan 2007)
Other
- The average price is around £1,395,670 median price is £335,050 Standard Deviation is £2,600,549 with Total Sold: 14
- The Last 5 Year average price is £1,074,998 with Total Sold: 8
- The most recent sale happened at this postcode is , TERLINGHAM MANOR BARN GIBRALTAR LANE: £1,200,000 (Sold on 03 May 2024)
- The first recorded sale happened at this postcode is , 3A DEFIANT CLOSE: £310,000 (Sold on 25 Apr 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£406,250	£3,467	6
2023	£359,775	£3,348	20
2022	£350,647	£3,917	17
2021	£349,048	£3,186	22
2020	£384,774	£3,076	20
2019	£356,037	£2,837	24
2018	£352,636	£2,999	22
2017	£314,154	£2,883	35
2016	£252,314	£2,638	11
2015	£244,889	£2,509	18
2014	£208,916	£2,240	12
2013	£213,488	£2,167	4
2012	£233,217	£1,774	23
2011	£195,471	£2,016	19
2010	£212,881	£1,964	26
2009	£228,874	£1,997	19
2008	£228,722	£2,408	9
2007	£197,908	£2,308	12
2006	£206,694	£2,028	10
2005	£178,062	£2,287	8
2004	£168,266	£2,115	15
2003	£148,736	£1,926	18
2002	£153,824	£1,566	27
2001	£87,727	£1,305	11
2000	£86,750	£1,154	4
1999	£74,636	£1,080	21
1998	£78,625	£1,026	8
1997	£68,523	£1,032	7
1996	£57,165	£941	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£537,500	£3,770	8
2023	£465,500	£3,994	16
2022	£455,375	£3,894	20
2021	£453,989	£3,305	37
2020	£406,580	£3,381	25
2019	£392,478	£2,949	23
2018	£438,999	£2,881	23
2017	£405,070	£2,923	49
2016	£346,082	£2,700	30
2015	£320,143	£2,531	35
2014	£297,755	£2,299	37
2013	£279,780	£2,169	23
2012	£261,414	£2,018	38
2011	£289,338	£2,023	37
2010	£271,155	£2,044	40
2009	£263,583	£1,885	36
2008	£304,242	£2,095	27
2007	£292,381	£2,208	44
2006	£281,603	£2,241	50
2005	£298,598	£1,997	37
2004	£250,496	£1,974	66
2003	£228,119	£1,753	93
2002	£184,779	£1,544	92
2001	£147,735	£1,238	52
2000	£135,183	£1,285	23
1999	£104,073	£1,003	47
1998	£107,433	£936	15
1997	£103,441	£922	35
1996	£90,895	£828	13

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£283,000	£3,368	4
2023	£299,167	£3,379	12
2022	£296,205	£3,869	29
2021	£273,433	£3,555	30
2020	£257,749	£3,325	20
2019	£255,385	£3,077	13
2018	£282,565	£2,913	15
2017	£244,293	£2,999	27
2016	£241,236	£2,728	21
2015	£197,000	£2,696	14
2014	£193,499	£2,546	14
2013	£171,493	£2,395	15
2012	£184,237	£2,082	16
2011	£174,764	£2,037	30
2010	£156,964	£2,050	23
2009	£174,038	£2,031	13
2008	£203,584	£2,754	42
2007	£228,132	£2,365	47
2006	£192,545	£2,354	22
2005	£157,917	£2,299	6
2004	£145,194	£2,309	18
2003	£140,717	£2,005	49
2002	£128,805	£1,553	27
2001	£82,366	£1,369	18
2000	£70,988	£1,086	4
1999	£66,661	£1,102	23
1998	£65,130	£1,083	14
1997	£61,744	£957	12
1996	£52,867	£911	30

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£480,000		1
2023	£216,325	£3,542	10
2022	£219,071	£2,853	7
2021	£218,962	£2,796	13
2020	£223,285	£2,712	7
2019	£200,188	£2,420	8
2018	£155,200	£2,885	10
2017	£157,000	£2,999	6
2016	£135,667	£2,367	9
2015	£111,150	£2,037	43
2014	£138,375	£2,000	10
2013	£128,328	£1,876	16
2010	£90,000	£720	1
2008	£146,875	£2,129	4
2007	£120,288	£2,235	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,200,000		1
2023	£1,948,995	£24,799	3
2022	£260,000		1
2021	£528,000		2
2019	£237,000		1
2018	£130,000		1
2017	£312,550		2
2016	£3,394,767		3

House Type in CT18 7GZ area

The most common house types in the CT18 7GZ postcode area are Detached (105), Semi-detached (73), and Terraced (1).

Total	180
Detached	105
Semi-detached	73
Terraced	1
Shared house	1
Flat	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (106), and Owned: Owns with a mortgage or loan (66).

Owned: Owns outright	106
Owned: Owns with a mortgage or loan	66
Private rented: Private landlord or letting agency	8
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the CT18 7GZ have 2 people in household (89), and 1 person in household (36).

2 people in household	89
1 person in household	36
4 people in household	25
3 people in household	19
5 people in household	6
6 people in household	5
0 people in household	0
7 people in household	0
8 or more people in household	0