Flat 2, 41 Ramsgate Road, Margate, CT9 5RT is a leasehold flat built before 1900. The property offers approximately 409 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 £98,345 , which equates to approximately £240 per square foot. It was last sold on 24 Sep 2021 for £99,000. Since then, the value has decreased by £655, representing a 0.7% decrease, or approximately 0.2% per year.

The current estimated value of £98,345 is:

  • 64.6% lower than the average property price on Ramsgate Road
  • 53.7% lower than the average in the CT9 5RT postcode area
  • and 65.2% lower than the average price for Margate as a whole

At the most recent EPC inspection on 12 June 2018, the property was recorded as owner-occupied.

View sold house prices in CT9 5RT

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
409 sq ft
Tenure
Leasehold
Price (estimate)
£98,345
Price Per sq ft (estimate)
£240
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 41 Ramsgate Road, Margate, Thanet, Kent, CT9 5RT has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 12 Jun 2018.

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 8 Apr 2011, when the property was rated G. Since then, the rating has improved to C, with the energy efficiency score increasing by 7300%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to boiler and radiators, mains gas, improving energy efficiency from very poor to good.
  • The hot water system was changed from electric immersion, standard tariff to from main system, with its energy efficiency improving from very poor to good.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to (another dwelling above), changing energy efficiency from very poor to n/a.
  • 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 partial double glazing to fully double glazed.
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 88% 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)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 88% of fixed outlets
Very Good

Compared to CT9 5RT

43 rd / 50
Price Rank
54% lower than average
30 th / 33
Size Rank
52% smaller than average
12 th / 33
Price Per Sq FT Rank
4% lower than average

Compared to other properties in CT9 5RT , this flat's estimated value ranks 43th out of 50. Based on price per square foot, it ranks 12th out of 33 properties. In terms of size, this home ranks 30th out of 33 properties in its postcode area.

Sale History

Today
£98,345
streetscan.co.uk estimate
-1 %
24 Sep 2021
£99,000
Leasehold
+4.2 %
1 Aug 2017
£95,000
Leasehold
+66.7 %
15 Mar 2016
£57,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 4, 15 Ramsgate Road, Margate, CT9 5RT
rooms: 2
size: 377 sq ft
sale price: £91,000
sale date: 26 Mar 2020
29B Ramsgate Road, Margate, CT9 5RT
rooms: 2
size: 463 sq ft
sale price: £60,000
sale date: 7 Sep 2016
Flat 6, 49 Ramsgate Road, Margate, CT9 5RT
rooms: 3
size: 441 sq ft
sale price: £125,000
sale date: 8 Aug 2006
Flat 2, 49 Ramsgate Road, Margate, CT9 5RT
rooms: 2
size: 355 sq ft
sale price: £125,000
sale date: 8 Aug 2006

Data Sources

The property at Flat 2, 41 Ramsgate Road, Margate, CT9 5RT appears three times in the Land Registry records, with the latest transaction recorded on 24 Sep 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Jun 2018. 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.
↑