Flat 2, 2 Fort Paragon, Margate, CT9 1JA is a leasehold flat built between 1900-1929. The property offers approximately 549 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £123,353 , which equates to approximately £225 per square foot. It was last sold on 22 Sep 2017 for £115,000. Since then, the value has increased by £8,353, representing a 7.3% increase, or approximately 0.8% per year.

The current estimated value of £123,353 is:

  • 23.9% lower than the average property price on Fort Paragon
  • 22.2% lower than the average in the CT9 1JA postcode area
  • and 53.6% 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 1 December 2022, the property was recorded as rented.

View sold house prices in CT9 1JA

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
549 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£123,353
Price Per sq ft (estimate)
£225
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 2 Fort Paragon, Margate, Thanet, Kent, CT9 1JA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 1 Dec 2022.

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 have partial secondary glazing.

The previous EPC assessment was conducted on 26 Mar 2013, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 17%.

Since the previous assessment, several changes were observed:

  • The lighting was changed from low energy lighting in 83% of fixed outlets to low energy lighting in 71% of fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Partial secondary glazing
Poor
Lighting
Low energy lighting in 71% of fixed outlets
Very Good

Sale History

Today
£123,353
streetscan.co.uk estimate
+7 %
22 Sep 2017
£115,000
Leasehold

Flood Risk for this Property

Flood risk from rivers and the sea
Very low flood risk
Flood risk from surface water
Very low flood risk
Surface water flood hazard
No mapped risk

* Results are based on Environment Agency flood risk mapping for the property UPRN where available. They are indicative and should not be treated as a site-specific flood survey.

Flood risk from rivers and the sea

This property has very low flood risk from rivers and the sea.

River and sea flooding includes flooding caused by overflowing rivers, estuaries, tidal waters and coastal surges.

Flood risk from surface water

This property has very low surface water flood risk.

Surface water flooding can happen when heavy rainfall overwhelms drains, roads, gardens or other hard surfaces.

Flood depth indicators

Rivers and Sea
  • 0.2m depth No mapped risk
  • 0.3m depth No mapped risk
  • 0.6m depth No mapped risk
  • 0.9m depth No mapped risk
  • 1.2m depth No mapped risk
Surface Water
  • 0.2m depth No mapped risk
  • 0.3m depth No mapped risk
  • 0.6m depth No mapped risk
  • 0.9m depth No mapped risk
  • 1.2m depth No mapped risk

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 549 sq ft
sale price: £100,000
sale date: 22 Sep 2017
rooms: 2
size: 527 sq ft
sale price: £235,000
sale date: 1 Jul 2008

Data Sources

The property at Flat 2, 2 Fort Paragon, Margate, CT9 1JA appears once in HM Land Registry records, with the transaction recorded on 22 Sep 2017. It also has two Energy Performance Certificate (EPC) records, the earliest dating back to 1 Dec 2022. We use this information to estimate the property's characteristics, flood risk profile and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0 .

StreetScan.co.uk is not affiliated with, endorsed by, or associated with HM Land Registry, DESNZ, MHCLG, Defra or the Environment Agency.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure that the information provided on this website is current and accurate. However, no warranties or representations are made regarding its completeness, accuracy, suitability or reliability. Property values, flood risk assessments and other derived information are estimates based on publicly available datasets and should not be relied upon as professional, legal, surveying, environmental, financial or insurance advice. StreetScan.co.uk expressly disclaims all liability for any loss, damage, cost or expense arising directly or indirectly from the use of, or reliance upon, information provided on this website.