Flat 2, 2 Royal Esplanade, Margate, CT9 5DL is a leasehold flat built between 1900-1929. The property offers approximately 420 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 £100,918 , which equates to approximately £240 per square foot. It was last sold on 11 Jul 2014 for £62,500. Since then, the value has increased by £38,418, representing a 61.5% increase, or approximately 5.4% per year.

The current estimated value of £100,918 is:

  • 80.8% lower than the average property price on Royal Esplanade
  • 67.9% lower than the average in the CT9 5DL postcode area
  • and 64.2% lower than the average price for Margate as a whole

At the most recent EPC inspection on 22 February 2014, the property was recorded as owner-occupied.

View sold house prices in CT9 5DL

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
420 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£100,918
Price Per sq ft (estimate)
£240
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 2 Royal Esplanade, Margate, Thanet, Kent, CT9 5DL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 22 Feb 2014.

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.

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 5DL

14 th / 16
Price Rank
68% lower than average
6 th / 6
Size Rank
59% smaller than average
5 th / 6
Price Per Sq FT Rank
21% lower than average

Compared to other properties in CT9 5DL , this flat's estimated value ranks 14th out of 16. Based on price per square foot, it ranks 5th out of 6 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 6th out of 6 properties in its postcode area.

Sale History

Today
£100,918
streetscan.co.uk estimate
+61 %
11 Jul 2014
£62,500
Leasehold

Area Insights

Nearby Properties

rooms: 4
size: 1378 sq ft
sale price: £150,000
sale date: 15 Feb 2016
rooms: 3
size: 850 sq ft
sale price: £154,000
sale date: 16 Mar 2016
rooms: 3
size: 764 sq ft
sale price: £75,000
sale date: 8 Mar 2000
rooms: 3
size: 657 sq ft
sale price: £300,000
sale date: 17 May 2024
rooms: 6
size: 1744 sq ft
sale price: £195,000
sale date: 30 Jan 2004

Data Sources

The property at Flat 2, 2 Royal Esplanade, Margate, Thanet, Kent, CT9 5DL appears once in the Land Registry records, with the transaction recorded on 11 Jul 2014. It also has a single Energy Performance Certificate (EPC) from 22 Feb 2014. 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.