29B Ramsgate Road, Margate, CT9 5RT is a leasehold flat built before 1900. The property offers approximately 463 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £77,672 , which equates to approximately £168 per square foot. It was last sold on 7 Sep 2016 for £60,000. Since then, the value has increased by £17,672, representing a 29.5% increase, or approximately 3.2% per year.

The current estimated value of £77,672 is:

  • 72.0% lower than the average property price on Ramsgate Road
  • 63.4% lower than the average in the CT9 5RT postcode area
  • and 72.5% lower than the average price for Margate as a whole

At the most recent EPC inspection on 12 May 2016, the property was recorded as owner-occupied.

View sold house prices in CT9 5RT

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
463 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£77,672
Price Per sq ft (estimate)
£168
Bedroom Count (estimate)
1 bedroom

EPC Summary

29B Ramsgate Road, Margate, Thanet, Kent, CT9 5RT has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 12 May 2016.

This property uses electric storage heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows have some double glazing.

Heating Type
Electric storage heaters
Average
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Some double glazing
Poor
Lighting
No low energy lighting
Very Poor

Compared to CT9 5RT

50 th / 50
Price Rank
63% lower than average
28 th / 33
Size Rank
46% smaller than average
27 th / 33
Price Per Sq FT Rank
33% lower than average

Compared to other properties in CT9 5RT , this flat's estimated value ranks 50th out of 50. Based on price per square foot, it ranks 27th out of 33 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 28th out of 33 properties in its postcode area.

Sale History

Today
£77,672
streetscan.co.uk estimate
+29 %
7 Sep 2016
£60,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 517 sq ft
sale price: £85,000
sale date: 31 Mar 2022
rooms: 2
size: 409 sq ft
sale price: £99,000
sale date: 24 Sep 2021
rooms: 3
size: 527 sq ft
sale price: £90,000
sale date: 23 Mar 2018
rooms: 3
size: 441 sq ft
sale price: £125,000
sale date: 8 Aug 2006
rooms: 2
size: 495 sq ft
sale price: £46,500
sale date: 9 Apr 2003

Data Sources

The property at 29B Ramsgate Road, Margate, Thanet, Kent, CT9 5RT appears once in the Land Registry records, with the transaction recorded on 7 Sep 2016. It also has a single Energy Performance Certificate (EPC) from 12 May 2016. 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.