Housing Market Analysis for DRAKES LEE, TN28 8RW

Are you looking to understand TN28 8RW 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 TN28 8RW area, explore the TN28 8RW Area information page.
For comprehensive crime statistics in the TN28 8RW area, explore the TN28 8RW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the TN28 8RW postcode area, The average prices are as follows,

  • Detached
    • The average price is around £155,200 median price is £141,250 Standard Deviation is £52,700 with Total Sold: 6
    • The most recent sale happened at this postcode is 3 DRAKES LEE: £225,000 (Sold on 30 Sep 2003)
    • The first recorded sale happened at this postcode is 1 DRAKES LEE: £93,700 (Sold on 07 Aug 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average TN28 8RW 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£222,500 £2,588 2
2001£167,5001
1999£115,000 £927 1
1998£101,8502

All the Sales in the DRAKES LEE, TN28 8RW

See the table below for more details on the sold house prices in the TN28 8RW, Folkestone and Hythe postcode.

AddressSold DatePrice% Change
3 DRAKES LEEDetached, Freehold30 Sep 2003£225,00034.33%
05 Oct 2001£167,50052.27%
20 Nov 1998£110,000First Sale
2 DRAKES LEEDetached, FreeholdArea: 85 Sq.mtrAge: 1996-200229 Sep 2003£220,000First Sale
5 DRAKES LEEDetached, FreeholdArea: 124 Sq.mtrAge: 1996-200217 May 1999£115,000First Sale
1 DRAKES LEEDetached, Freehold07 Aug 1998£93,700First Sale

Check out the sold house prices near the TN28 8RW postcode. Properties currently for saleProperties currently for rent

DRAKES LEE, TN28 8RW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the TN28 8RW 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 TN28 8RW postcode.

  • Flat
    • The average price is around £122,397 median price is £110,000 Standard Deviation is £78,982 with Total Sold: 402
    • The Last 5 Year average price is £215,618 with Total Sold: 72
    • The most recent sale happened at this postcode is FLAT 4A, LITTLESTONE HOUSE MARINE PARADE: £150,000 (Sold on 11 Sep 2024)
    • The first recorded sale happened at this postcode is 16, MULBERRY COURT GRAND PARADE: £30,000 (Sold on 24 Feb 1995)
  • Detached
    • The average price is around £250,601 median price is £235,000 Standard Deviation is £131,298 with Total Sold: 431
    • The Last 5 Year average price is £451,181 with Total Sold: 58
    • The most recent sale happened at this postcode is , 24 PRIME VIEW: £375,000 (Sold on 27 Jun 2024)
    • The first recorded sale happened at this postcode is , 64 MEEHAN ROAD: £58,000 (Sold on 17 Feb 1995)
  • Semi-Detached
    • The average price is around £172,231 median price is £172,000 Standard Deviation is £94,885 with Total Sold: 119
    • The Last 5 Year average price is £295,727 with Total Sold: 22
    • The most recent sale happened at this postcode is , 172 QUEENS ROAD: £330,000 (Sold on 24 Nov 2023)
    • The first recorded sale happened at this postcode is , 22 VICTORIA ROAD WEST: £52,000 (Sold on 29 Sep 1995)
  • Terraced
    • The average price is around £211,032 median price is £205,000 Standard Deviation is £124,878 with Total Sold: 95
    • The Last 5 Year average price is £366,792 with Total Sold: 12
    • The most recent sale happened at this postcode is , 19 VICTORIA ROAD WEST: £342,000 (Sold on 03 Feb 2023)
    • The first recorded sale happened at this postcode is , 134A COAST DRIVE: £42,000 (Sold on 30 Aug 1996)
  • Other
    • The average price is around £241,333 median price is £210,250 Standard Deviation is £166,336 with Total Sold: 6
    • The Last 5 Year average price is £208,750 with Total Sold: 4
    • The most recent sale happened at this postcode is , 79 COAST DRIVE: £525,000 (Sold on 27 Sep 2021)
    • The first recorded sale happened at this postcode is , 135 QUEENS ROAD: £375,000 (Sold on 12 Jun 2018)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£274,772 £4,396 6
2023£158,125 £2,959 8
2022£232,928 £3,403 14
2021£182,538 £2,770 13
2020£198,375 £3,011 12
2019£241,916 £3,275 19
2018£238,750 £3,207 17
2017£182,333 £2,182 9
2016£137,804 £2,045 23
2015£124,792 £2,141 12
2014£117,321 £1,927 14
2013£136,461 £2,004 13
2012£114,071 £1,972 7
2011£114,944 £2,014 9
2010£110,606 £2,041 9
2009£117,071 £1,939 14
2008£116,444 £2,075 9
2007£142,324 £1,961 17
2006£123,435 £1,849 17
2005£101,308 £1,805 12
2004£114,268 £1,631 11
2003£100,184 £1,472 16
2002£66,281 £993 16
2001£61,031 £977 16
2000£52,140 £899 20
1999£44,950 £718 20
1998£41,346 £684 13
1997£40,607 £660 14
1996£32,531 £556 8
1995£31,550 £572 14
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£371,6673
2023£442,444 £4,720 9
2022£471,143 £4,039 14
2021£482,500 £3,482 20
2020£430,000 £3,233 6
2019£374,250 £3,403 6
2018£369,950 £3,002 10
2017£417,531 £2,840 16
2016£348,156 £2,771 16
2015£291,000 £2,378 16
2014£261,079 £2,368 19
2013£272,345 £2,186 10
2012£225,602 £2,493 12
2011£253,429 £2,462 14
2010£264,643 £2,456 14
2009£217,329 £1,906 12
2008£268,250 £2,752 10
2007£257,250 £2,208 20
2006£261,206 £2,163 24
2005£243,625 £2,229 16
2004£241,333 £1,621 9
2003£199,691 £1,848 22
2002£165,292 £1,560 18
2001£151,585 £1,252 23
2000£134,163 £1,187 15
1999£141,291 £966 22
1998£99,586 £736 14
1997£90,306 £770 18
1996£81,603 £643 13
1995£75,900 £775 10
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£307,667 £3,554 3
2022£285,000 £3,264 9
2021£290,000 £3,673 3
2020£314,600 £2,865 5
2019£287,500 £3,868 2
2018£283,000 £3,175 4
2017£338,333 £3,907 3
2016£243,500 £3,654 3
2015£222,333 £2,589 3
2014£193,167 £2,345 3
2013£219,500 £2,756 2
2012£193,000 £2,417 2
2011£213,500 £1,952 3
2010£226,750 £2,220 4
2009£134,785 £1,826 7
2008£125,0001
2007£202,750 £2,267 2
2006£178,100 £1,793 5
2005£191,750 £2,396 2
2004£157,332 £1,896 3
2003£133,732 £1,427 6
2002£108,188 £1,385 4
2001£99,500 £1,672 5
2000£96,694 £907 9
1999£78,650 £735 5
1998£65,921 £694 7
1997£62,181 £625 8
1996£49,000 £639 3
1995£57,000 £502 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£342,000 £3,420 1
2022£335,667 £3,373 3
2021£374,500 £3,086 5
2020£625,0001
2019£277,500 £2,435 2
2018£650,0001
2017£235,000 £2,314 2
2016£255,188 £2,256 8
2015£332,500 £2,132 8
2014£245,712 £2,200 3
2013£181,500 £1,741 3
2011£250,0001
2010£215,000 £1,853 1
2009£208,333 £1,923 3
2008£241,650 £2,150 3
2007£230,665 £1,919 6
2006£148,500 £1,913 3
2005£214,750 £1,889 4
2004£194,000 £1,752 5
2003£170,996 £1,525 5
2002£142,475 £1,364 2
2001£113,250 £1,033 4
2000£83,700 £827 6
1999£68,836 £690 7
1998£82,750 £665 2
1997£52,000 £487 4
1996£59,7502
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£525,000 £3,947 1
2020£182,500 £951 1
2019£63,7502
2018£306,500 £1,087 2

House Type in TN28 8RW area

The most common house types in the TN28 8RW postcode area are Detached (73), Semi-detached (30), and Flat (11).

Total119
Detached73
Semi-detached30
Flat11
Terraced5
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (77), and Owned: Owns with a mortgage or loan (26).

Owned: Owns outright77
Owned: Owns with a mortgage or loan26
Private rented: Private landlord or letting agency11
Shared ownership: Shared ownership5
Private rented: Other private rented2
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the TN28 8RW have 2 people in household (52), and 1 person in household (39).

2 people in household52
1 person in household39
4 people in household11
3 people in household10
5 people in household4
6 people in household3
7 people in household1
0 people in household0
8 or more people in household0