Basement Flat, 40 Northdown Road, Margate, CT9 2RW is a freehold flat built before 1900. The property offers approximately 409 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 £54,509 , which equates to approximately £133 per square foot. It was last sold on 1 Nov 2001 for £17,000. Since then, the value has increased by £37,509, representing a 220.6% increase, or approximately 9.1% per year.

The current estimated value of £54,509 is:

  • 79.6% lower than the average property price on Northdown Road
  • 68.1% lower than the average in the CT9 2RW postcode area
  • and 80.7% lower than the average price for Margate as a whole

View sold house prices in CT9 2RW

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
409 sq ft
Tenure
Freehold
Price (estimate)
£54,509
Price Per sq ft (estimate)
£133
Bedroom Count (estimate)
1 bedroom

EPC Summary

Basement Flat, 40 Northdown Road, Margate, Thanet, Kent, CT9 2RW has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 10 May 2018.

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

Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 88% of fixed outlets
Very Good

Compared to CT9 2RW

26 th / 26
Price Rank
68% lower than average
13 th / 14
Size Rank
52% smaller than average
14 th / 14
Price Per Sq FT Rank
34% lower than average

Compared to other properties in CT9 2RW , this flat's estimated value ranks 26th out of 26. Based on price per square foot, it ranks 14th out of 14 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 13th out of 14 properties in its postcode area.

Sale History

Today
£54,509
streetscan.co.uk estimate
+221 %
1 Nov 2001
£17,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 452 sq ft
sale price: £75,000
sale date: 12 May 2017
rooms: 2
size: 431 sq ft
sale price: £34,000
sale date: 11 Apr 2003
rooms: 2
size: 388 sq ft
sale price: £120,000
sale date: 6 Sep 2022
rooms: 2
size: 377 sq ft
sale price: £120,000
sale date: 6 Sep 2022
rooms: 2
size: 377 sq ft
sale price: £120,000
sale date: 6 Sep 2022

Data Sources

The property at Basement Flat, 40 Northdown Road, Margate, Thanet, Kent, CT9 2RW appears once in the Land Registry records, with the transaction recorded on 1 Nov 2001. It also has a single Energy Performance Certificate (EPC) from 10 May 2018. 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.