245A Margate Road, Ramsgate, CT12 6TA is a freehold flat built between 1976-1982. The property offers approximately 721 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £187,000 , which equates to approximately £259 per square foot. It was last sold on 30 Oct 2009 for £110,000. Since then, the value has increased by £77,000, representing a 70.0% increase, or approximately 4.3% per year.

The current estimated value of £187,000 is:

  • 34.6% lower than the average property price on Margate Road
  • 44.4% lower than the average in the CT12 6TA postcode area
  • and 38.3% lower than the average price for Ramsgate as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 2 June 2017, the property was recorded as owner-occupied.

View sold house prices in CT12 6TA

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
721 sq ft
Tenure
Freehold
Price (estimate)
£187,000
Price Per sq ft (estimate)
£259
Bedroom Count (estimate)
2 bedrooms

EPC Summary

245A Margate Road, Ramsgate, Thanet, Kent, CT12 6TA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 2 Jun 2017.

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 16 Jan 2009, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 34.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to boiler and radiators, mains gas, improving energy efficiency from poor to good.
  • The hot water system was changed from electric immersion, off-peak to from main system, with its energy efficiency improving from poor to good.
  • The roof construction or insulation changed from (another dwelling above) to flat, insulated, improving energy efficiency from n/a to good.
  • The lighting was updated from low energy lighting in 27% of fixed outlets to low energy lighting in 80% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Flat, insulated
Good
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to CT12 6TA

10 th / 10
Price Rank
44% lower than average
5 th / 5
Size Rank
38% smaller than average
4 th / 5
Price Per Sq FT Rank
10% lower than average

Compared to other properties in CT12 6TA , this flat's estimated value ranks 10th out of 10. Based on price per square foot, it ranks 4th out of 5 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 5th out of 5 properties in its postcode area.

Sale History

Today
£187,000
streetscan.co.uk estimate
+70 %
30 Oct 2009
£110,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 678 sq ft
sale price: £100,000
sale date: 21 Dec 2020
rooms: 3
size: 710 sq ft
sale price: £110,000
sale date: 25 Mar 2020
rooms: 3
size: 640 sq ft
sale price: £117,500
sale date: 21 Feb 2020
rooms: 2
size: 732 sq ft
sale price: £107,500
sale date: 28 Jul 2017
rooms: 3
size: 636 sq ft
sale price: £104,000
sale date: 21 Nov 2014

Data Sources

The property at 245A Margate Road, Ramsgate, Thanet, Kent, CT12 6TA appears once in the Land Registry records, with the transaction recorded on 30 Oct 2009. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Jun 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.


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