3 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 £185,891 , which equates to approximately £493 per square foot. It was last sold on 4 Jan 2017 for £140,000. Since then, the value has increased by £45,891, representing a 32.8% increase, or approximately 3.5% per year.

The current estimated value of £185,891 is:

  • 21.1% lower than the average property price on Craven Close
  • 22.6% lower than the average in the CT9 5NW postcode area
  • and 30.1% lower than the average price for Margate 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 15 June 2016, 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)
£185,891
Price Per sq ft (estimate)
£493
Bedroom Count (estimate)
1 bedroom

EPC Summary

3 Craven Close, Margate, Thanet, Kent, CT9 5NW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 23 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 15 Jun 2016. The rating of C remains the same, but the energy efficiency score improved by 11.3%.

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 changed from low energy lighting in 44% of fixed outlets to low energy lighting in 33% of fixed outlets, with no change in efficiency (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

11 th / 11
Price Rank
23% lower than average
8 th / 8
Size Rank
45% smaller than average
2 nd / 8
Price Per Sq FT Rank
42% higher than average

Sale History

Today
£185,891
streetscan.co.uk estimate
+33 %
4 Jan 2017
£140,000
Freehold

Flood Risk for this Property

Flood risk from rivers and the sea
Very low flood risk
Flood risk from surface water
Very low flood risk
Surface water flood hazard
No mapped risk

* Results are based on Environment Agency flood risk mapping for the property UPRN where available. They are indicative and should not be treated as a site-specific flood survey.

Flood risk from rivers and the sea

This property has very low flood risk from rivers and the sea.

River and sea flooding includes flooding caused by overflowing rivers, estuaries, tidal waters and coastal surges.

Flood risk from surface water

This property has very low surface water flood risk.

Surface water flooding can happen when heavy rainfall overwhelms drains, roads, gardens or other hard surfaces.

Flood depth indicators

Rivers and Sea
  • 0.2m depth No mapped risk
  • 0.3m depth No mapped risk
  • 0.6m depth No mapped risk
  • 0.9m depth No mapped risk
  • 1.2m depth No mapped risk
Surface Water
  • 0.2m depth No mapped risk
  • 0.3m depth No mapped risk
  • 0.6m depth No mapped risk
  • 0.9m depth No mapped risk
  • 1.2m depth No mapped risk

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 377 sq ft
sale price: £172,000
sale date: 19 May 2017

Data Sources

The property at 3 Craven Close, Margate, CT9 5NW appears once in HM Land Registry records, with the transaction recorded on 4 Jan 2017. It also has three Energy Performance Certificate (EPC) records, the earliest dating back to 23 Mar 2017. We use this information to estimate the property's characteristics, flood risk profile and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0 .

StreetScan.co.uk is not affiliated with, endorsed by, or associated with HM Land Registry, DESNZ, MHCLG, Defra or the Environment Agency.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure that the information provided on this website is current and accurate. However, no warranties or representations are made regarding its completeness, accuracy, suitability or reliability. Property values, flood risk assessments and other derived information are estimates based on publicly available datasets and should not be relied upon as professional, legal, surveying, environmental, financial or insurance advice. StreetScan.co.uk expressly disclaims all liability for any loss, damage, cost or expense arising directly or indirectly from the use of, or reliance upon, information provided on this website.