Flat 1, 78 Northdown Road, Margate, CT9 2RE is a leasehold flat built between 1900-1929. The property offers approximately 570 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 £95,851 , which equates to approximately £168 per square foot. It was last sold on 7 Oct 2016 for £75,000. Since then, the value has increased by £20,851, representing a 27.8% increase, or approximately 3.0% per year.

The current estimated value of £95,851 is:

  • 64.1% lower than the average property price on Northdown Road
  • 38.7% lower than the average in the CT9 2RE postcode area
  • and 66.0% lower than the average price for Margate as a whole

Based on EPC inspection history, this property has been mostly rented (2 out of 3 inspections). This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 13 July 2021, the property was recorded as rented.

View sold house prices in CT9 2RE

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
570 sq ft
Tenure
Leasehold
Price (estimate)
£95,851
Price Per sq ft (estimate)
£168
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, 78 Northdown Road, Margate, Thanet, Kent, CT9 2RE has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 13 Jul 2021.

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 are fully double glazed.

The previous EPC assessment was conducted on 13 Jul 2021, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 73.1%.

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.
Heating Type
Electric storage heaters
Average
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Flat, no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CT9 2RE

1 st / 32
Price Rank
39% lower than average
8 th / 24
Size Rank
22% smaller than average
1 st / 24
Price Per Sq FT Rank
21% lower than average

Compared to other properties in CT9 2RE , this flat's estimated value ranks 1st out of 32. Based on price per square foot, it ranks 1st out of 24 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 8th out of 24 properties in its postcode area.

Sale History

Today
£95,851
streetscan.co.uk estimate
+28 %
7 Oct 2016
£75,000
Leasehold
+53.1 %
16 Jan 2004
£48,995
Leasehold
-34.7 %
1 May 2001
£75,000
Leasehold
-11.8 %
9 Apr 1999
£85,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 515 sq ft
sale price: £145,000
sale date: 11 Aug 2021
rooms: 2
size: 495 sq ft
sale price: £92,500
sale date: 10 May 2021
rooms: 3
size: 517 sq ft
sale price: £47,500
sale date: 18 Jun 2001
rooms: 2
size: 603 sq ft
sale price: £17,000
sale date: 30 Mar 2001
rooms: 2
size: 560 sq ft
sale price: £229,997
sale date: 3 Apr 2023

Data Sources

The property at Flat 1, 78 Northdown Road, Margate, CT9 2RE appears four times in the Land Registry records, with the latest transaction recorded on 7 Oct 2016. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Jul 2021. 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.