Flat 2, 118 Northdown Road, Margate, CT9 2RE is a leasehold flat built before 1900. The property offers approximately 388 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 £109,102 , which equates to approximately £282 per square foot. It was last sold on 6 Sep 2022 for £120,000. Since then, the value has decreased by £10,898, representing a 9.1% decrease, or approximately 2.8% per year.

The current estimated value of £109,102 is:

  • 59.1% lower than the average property price on Northdown Road
  • 30.3% lower than the average in the CT9 2RE postcode area
  • and 61.3% 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 8 February 2023, the property was recorded as owner-occupied.

View sold house prices in CT9 2RE

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
388 sq ft
Tenure
Leasehold
Price (estimate)
£109,102
Price Per sq ft (estimate)
£282
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 118 Northdown Road, Margate, Thanet, Kent, CT9 2RE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 8 Feb 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 4 Mar 2013. The rating of C remains the same, but the energy efficiency score improved by 2.9%.

Since the previous assessment, several changes were observed:

  • 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
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
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

22 nd / 32
Price Rank
30% lower than average
22 nd / 24
Size Rank
47% smaller than average
8 th / 24
Price Per Sq FT Rank
32% higher than average

Compared to other properties in CT9 2RE , this flat's estimated value ranks 22th out of 32. Based on price per square foot, it ranks 8th 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 22th out of 24 properties in its postcode area.

Sale History

Today
£109,102
streetscan.co.uk estimate
-9 %
6 Sep 2022
£120,000
Leasehold

Area Insights

Similar Properties Sold Nearby

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
rooms: 2
size: 388 sq ft
sale price: £88,749
sale date: 24 Jul 2020
rooms: 2
size: 398 sq ft
sale price: £72,000
sale date: 18 May 2018
rooms: 2
size: 431 sq ft
sale price: £70,331
sale date: 13 Apr 2018

Data Sources

The property at Flat 2, 118 Northdown Road, Margate, Thanet, Kent, CT9 2RE appears once in the Land Registry records, with the transaction recorded on 6 Sep 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Feb 2023. 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.