Flat 2, 12 Ethelbert Road, Margate, CT9 1RY 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 £68,722 , which equates to approximately £177 per square foot. It was last sold on 19 Jul 2002 for £26,995. Since then, the value has increased by £41,727, representing a 154.6% increase, or approximately 6.6% per year.

The current estimated value of £68,722 is:

  • 64.1% lower than the average property price on Ethelbert Road
  • 75.5% lower than the average in the CT9 1RY postcode area
  • and 74.8% lower than the average price for Margate as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 7 December 2021, the property was recorded as rented.

View sold house prices in CT9 1RY

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
388 sq ft
Tenure
Leasehold
Price (estimate)
£68,722
Price Per sq ft (estimate)
£177
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 12 Ethelbert Road, Margate, Thanet, Kent, CT9 1RY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 7 Dec 2021.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows have partial double glazing.

The previous EPC assessment was conducted on 31 Jan 2020. The rating of D remains the same, but the energy efficiency score improved by 7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The windows were upgraded from fully double glazed to partial double glazing.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 67% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Partial double glazing
Poor
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to CT9 1RY

18 th / 18
Price Rank
76% lower than average
15 th / 15
Size Rank
65% smaller than average
10 th / 15
Price Per Sq FT Rank
31% lower than average

Compared to other properties in CT9 1RY , this flat's estimated value ranks 18th out of 18. Based on price per square foot, it ranks 10th out of 15 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 15th out of 15 properties in its postcode area.

Sale History

Today
£68,722
streetscan.co.uk estimate
+155 %
19 Jul 2002
£26,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 431 sq ft
sale price: £40,000
sale date: 26 Jun 2003
rooms: 2
size: 420 sq ft
sale price: £193,000
sale date: 8 Mar 2022
rooms: 3
size: 431 sq ft
sale price: £99,500
sale date: 19 Jul 2006
rooms: 2
size: 420 sq ft
sale price: £20,000
sale date: 30 Aug 1996

Data Sources

The property at Flat 2, 12 Ethelbert Road, Margate, Thanet, Kent, CT9 1RY appears once in the Land Registry records, with the transaction recorded on 19 Jul 2002. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Dec 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.