7 Richmond Avenue, Margate, CT9 2NG is a freehold terraced property built before 1900. The property offers approximately 1,184 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £316,858 , which equates to approximately £268 per square foot. It was last sold on 11 Jan 2017 for £230,000. Since then, the value has increased by £86,858, representing a 37.8% increase, or approximately 4.2% per year.

The current estimated value of £316,858 is:

  • 6.2% higher than the average property price on Richmond Avenue
  • 1.7% higher than the average in the CT9 2NG postcode area
  • and 12.3% higher 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 2 March 2017, the property was recorded as owner-occupied.

View sold house prices in CT9 2NG

Building approximate location

About Property

Type
Terraced House
Built
before 1900
Interior Size
1184 sq ft
Tenure
Freehold
Price (estimate)
£316,858
Price Per sq ft (estimate)
£268
Bedroom Count (estimate)
4 bedrooms

EPC Summary

7 Richmond Avenue, Margate, Thanet, Kent, CT9 2NG has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 2 Mar 2017.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 17 Oct 2016, and the property received the same rating of F with an unchanged energy efficiency score of 32.

Since the previous assessment, several changes were observed:

  • The wall energy efficiency changing from poor to very poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was changed from low energy lighting in 40% of fixed outlets to low energy lighting in 44% of fixed outlets, with no change in efficiency (average).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, no insulation
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 44% of fixed outlets
Average

Compared to CT9 2NG

15 th / 25
Price Rank
2% higher than average
12 th / 17
Size Rank
3% bigger than average
10 th / 17
Price Per Sq FT Rank
1% lower than average

Compared to other properties in CT9 2NG , this house's estimated value ranks 15th out of 25. Based on price per square foot, it ranks 10th out of 17 properties. In terms of size, this home ranks 12th out of 17 properties in its postcode area.

Sale History

Today
£316,858
streetscan.co.uk estimate
+38 %
11 Jan 2017
£230,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 6
size: 1302 sq ft
sale price: £402,500
sale date: 8 Jul 2024
rooms: 5
size: 1249 sq ft
sale price: £465,000
sale date: 9 Dec 2022
rooms: 5
size: 1324 sq ft
sale price: £235,000
sale date: 20 Dec 2017
rooms: 6
size: 1216 sq ft
sale price: £270,000
sale date: 9 Oct 2017

Data Sources

The property at 7 Richmond Avenue, Margate, Thanet, Kent, CT9 2NG appears once in the Land Registry records, with the transaction recorded on 11 Jan 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 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.