23A Palm Bay Avenue, Margate, CT9 3DQ is a leasehold flat built between 1930-1949. The property offers approximately 861 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £351,196 , which equates to approximately £408 per square foot. It was last sold on 6 Jun 2017 for £290,000. Since then, the value has increased by £61,196, representing a 21.1% increase, or approximately 2.5% per year.

The current estimated value of £351,196 is:

  • 8.7% lower than the average property price on Palm Bay Avenue
  • 23.2% lower than the average in the CT9 3DQ postcode area
  • and 24.5% higher than the average price for Margate as a whole

View sold house prices in CT9 3DQ

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
861 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£351,196
Price Per sq ft (estimate)
£408
Bedroom Count (estimate)
3 bedrooms

EPC Summary

23A Palm Bay Avenue, Margate, Thanet, Kent, CT9 3DQ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 6 Nov 2015.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 3 Dec 2010, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 16.5%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 200 mm loft insulation, changing energy efficiency from very good to good.
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 38% of fixed outlets, with efficiency changing from good to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 38% of fixed outlets
Average

Compared to CT9 3DQ

14 th / 17
Price Rank
23% lower than average
11 th / 15
Size Rank
32% smaller than average
8 th / 15
Price Per Sq FT Rank
13% higher than average

Compared to other properties in CT9 3DQ , this flat's estimated value ranks 14th out of 17. Based on price per square foot, it ranks 8th out of 15 properties. In terms of size, this home ranks 11th out of 15 properties in its postcode area.

Sale History

Today
£351,196
streetscan.co.uk estimate
+21 %
6 Jun 2017
£290,000
Leasehold
+70.6 %
15 Feb 2016
£170,000
Leasehold
+114.6 %
5 Aug 2005
£79,228
Leasehold
+66.8 %
28 Nov 1995
£47,500
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 7, Robina Court Palm Bay Avenue, Margate, CT9 3DG
rooms: 3
size: 947 sq ft
sale price: £228,000
sale date: 28 Jul 2020
Flat R, Goodwin Court Palm Bay Avenue, Margate, CT9 3DN
rooms: 3
size: 807 sq ft
sale price: £125,000
sale date: 8 Jan 2019
Flat S, Goodwin Court Palm Bay Avenue, Margate, CT9 3DN
rooms: 3
size: 740 sq ft
sale price: £95,000
sale date: 15 Oct 2015
Flat 6, Palm Bay Court, 11 Palm Bay Avenue, Margate, CT9 3DH
rooms: 4
size: 797 sq ft
sale price: £135,000
sale date: 24 Sep 2015
Flat 5, Palm Bay Court, 11 Palm Bay Avenue, Margate, CT9 3DH
rooms: 3
size: 732 sq ft
sale price: £115,500
sale date: 24 Apr 2015

Data Sources

The property at 23A Palm Bay Avenue, Margate, CT9 3DQ appears four times in the Land Registry records, with the latest transaction recorded on 6 Jun 2017. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Nov 2015. 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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