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 £128,722 , which equates to approximately £234 per square foot. It was last sold on 22 Sep 2017 for £115,000. Since then, the value has increased by £13,722, representing a 11.9% increase, or approximately 1.4% per year.

The current estimated value of £128,722 is:

  • 23.6% lower than the average property price on Fort Paragon
  • 18.8% lower than the average in the CT9 1JA postcode area
  • and 52.8% 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 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)
£128,722
Price Per sq ft (estimate)
£234
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
£128,722
streetscan.co.uk estimate
+12 %
22 Sep 2017
£115,000
Leasehold

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, Thanet, Kent, CT9 1JA appears once in the Land Registry records, with the transaction recorded on 22 Sep 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Dec 2022. 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.