Basement Flat, 23 Belgrave Road, Margate, CT9 1XG is a leasehold flat built before 1900. The property offers approximately 517 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £104,217 , which equates to approximately £202 per square foot. It was last sold on 17 May 2022 for £110,000. Since then, the value has decreased by £5,783, representing a 5.3% decrease, or approximately 1.5% per year.

The current estimated value of £104,217 is:

  • 46.7% lower than the average property price on Belgrave Road
  • 51.4% lower than the average in the CT9 1XG postcode area
  • and 63.1% lower than the average price for Margate as a whole

At the most recent EPC inspection on 15 November 2019, the property was recorded as owner-occupied.

View sold house prices in CT9 1XG

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
517 sq ft
Tenure
Leasehold
Price (estimate)
£104,217
Price Per sq ft (estimate)
£202
Bedroom Count (estimate)
1 bedroom

EPC Summary

Basement Flat, 23 Belgrave Road, Margate, Thanet, Kent, CT9 1XG has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 15 Nov 2019.

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 10 Jul 2014, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 124.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to solid brick, with internal insulation, improving energy efficiency from poor to good.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Solid brick, with internal insulation
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CT9 1XG

14 th / 19
Price Rank
51% lower than average
9 th / 11
Size Rank
40% smaller than average
10 th / 11
Price Per Sq FT Rank
19% lower than average

Compared to other properties in CT9 1XG , this flat's estimated value ranks 14th out of 19. Based on price per square foot, it ranks 10th out of 11 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 9th out of 11 properties in its postcode area.

Sale History

Today
£104,217
streetscan.co.uk estimate
-5 %
17 May 2022
£110,000
Leasehold
+71.9 %
22 Nov 2006
£64,000
Leasehold

Area Insights

Similar Properties Sold Nearby

46A Belgrave Road, Margate, CT9 1XG
rooms: 2
size: 549 sq ft
sale price: £140,000
sale date: 5 Apr 2019
Flat 3, 3 Belgrave Road, Margate, CT9 1XG
rooms: 2
size: 517 sq ft
sale price: £41,000
sale date: 13 Sep 2013

Data Sources

The property at Basement Flat, 23 Belgrave Road, Margate, CT9 1XG appears two times in the Land Registry records, with the latest transaction recorded on 17 May 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Nov 2019. 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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