1 Craven Close, Margate, CT9 5NW is a freehold terraced property built between 1967-1975. The property offers approximately 377 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £234,285 , which equates to approximately £622 per square foot. It was last sold on 19 May 2017 for £172,000. Since then, the value has increased by £62,285, representing a 36.2% increase, or approximately 4.2% per year.

The current estimated value of £234,285 is:

  • 2.8% lower than the average property price on Craven Close
  • 2.5% lower than the average in the CT9 5NW postcode area
  • and 14.1% lower than the average price for Margate as a whole

At the most recent EPC inspection on 14 February 2014, the property was recorded as owner-occupied.

View sold house prices in CT9 5NW

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
377 sq ft
Tenure
Freehold
Price (estimate)
£234,285
Price Per sq ft (estimate)
£622
Bedroom Count (estimate)
1 bedroom

EPC Summary

1 Craven Close, Margate, Thanet, Kent, CT9 5NW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 Mar 2017.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 14 Feb 2014, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 25.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to community scheme, improving energy efficiency from good to very good.
  • The hot water system was changed from from main system to community scheme, with its energy efficiency improving from good to very good.
  • The roof construction or insulation changed from pitched, 150 mm loft insulation to (another dwelling above), changing energy efficiency from good to n/a.
  • The wall construction or insulation changed from timber frame, as built, partial insulation (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from average to poor.
  • The lighting was updated from low energy lighting in 78% of fixed outlets to low energy lighting in 33% of fixed outlets, with efficiency changing from very good to average.
Heating Type
Community scheme
Very Good
Hot Water
Community scheme
Very Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to CT9 5NW

7 th / 11
Price Rank
2% lower than average
7 th / 8
Size Rank
45% smaller than average
1 st / 8
Price Per Sq FT Rank
79% higher than average

Compared to other properties in CT9 5NW , this flat's estimated value ranks 7th out of 11. Based on price per square foot, it ranks 1st out of 8 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 7th out of 8 properties in its postcode area.

Sale History

Today
£234,285
streetscan.co.uk estimate
+36 %
19 May 2017
£172,000
Leasehold

Area Insights

Similar Properties Sold Nearby

3 Craven Close, Margate, CT9 5NW
rooms: 2
size: 377 sq ft
sale price: £140,000
sale date: 4 Jan 2017

Data Sources

The property at 1 Craven Close, Margate, Thanet, Kent, CT9 5NW appears once in the Land Registry records, with the transaction recorded on 19 May 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Mar 2017. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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