Why I Love Folkestone’s Terraced Houses
Posted: 12/01/17 11:46 AM
Call me old fashioned, but I do love the terraced house. My first investment property was an end of terraced house on London Road in Deal and it’s always going to be my favourite!
In architectural terms, a terraced or townhouse is a style of housing in use since the late 1600’s in the UK, where a row of symmetrical / identical houses share their side walls. The first terraced houses were actually built by a French man, Monsieur Barbon around St. Paul’s Cathedral within the rebuilding process after the Great Fire of London in 1666. Interestingly, it was the French that invented the terraced house around 1610-15 in the Le Marais district of Paris with its planned squares and properties with identical facades. However, it was the 1730’s in the UK, that the terraced/townhouse came into its own in London and of course in Bath with the impressive Royal Crescent which is echoed in Folkestone in the apartments at Marine Crescent, Augusta Gardens & Clifton Crescent…ok, so they’re not strictly terraced houses, but these terraces are, in my opinion, one of the most beautiful pieces of residential architecture that Folkestone has to offer.
The majority of our Folkestone terraced houses were built in the Victorian era. Built on the back of the Industrial Revolution, with people flooding into the towns and cities for work in Victorian times, the terraced house offered decent livable accommodation away from the slums. An interesting fact is that the majority of Victorian Folkestone terraced houses are based on standard design of a ‘posh’ front room, a back room (where the family lived day to day) and scullery off that. Off the scullery, a door to a rear yard, whilst upstairs, three bedrooms (the third straight off the second). Interestingly, the law was changed in 1875 with the Public Health Act and each house had to have 108ft of livable space per main room, running water, it’s own outside toilet and rear access to allow the toilet waste to be collected (they didn’t have public sewers in those days in Folkestone – well not at least where these ‘workers’ terraced houses were built).
It was the 1960’s and 70’s where inside toilets and bathrooms were installed (often in that third bedroom or an extension off the scullery) and gas central heating in the 1980’s and replacement UPVC double glazing ever since.
Looking at the make up of all the properties in Folkestone, some very interesting numbers appear. Of the 24,248 properties in Folkestone…
When it comes to values, the average price paid for a Folkestone terraced house in 1995 was £38,690 and the latest set of figures released by the land Registry states that today that figure stands at £188,070, a rise of 386% – that’s not bad at all, is it?
But then many of the buy to let landlords and first time buyers, who I speak to, believe the Victorian terraced house is expensive to maintain. I recently read a report from English Heritage that stated maintaining a typical Victorian terraced house over thirty years is around sixty percent cheaper than building and maintaining a modern house- which is quite fascinating don’t you think?
And that’s why I love the humble terraced house – especially in Folkestone! For more thoughts on the Folkestone Property Market click on the big orange subscribe button and receive an email each time a new article or Featured Buy To Let Property is posted. If you’re thinking of selling, click here: valuation.folkestone-estateagent.co.uk