Flat 2, 51 Ramsgate Road, Margate, CT9 5RT is a leasehold flat built between 1900-1929. The property offers approximately 517 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 £82,261 , which equates to approximately £159 per square foot. It was last sold on 31 Mar 2022 for £85,000. Since then, the value has decreased by £2,739, representing a 3.2% decrease, or approximately 0.9% per year.

The current estimated value of £82,261 is:

  • 70.4% lower than the average property price on Ramsgate Road
  • 61.3% lower than the average in the CT9 5RT postcode area
  • and 70.8% lower than the average price for Margate as a whole

View sold house prices in CT9 5RT

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
517 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£82,261
Price Per sq ft (estimate)
£159
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 51 Ramsgate Road, Margate, Thanet, Kent, CT9 5RT has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 Nov 2019.

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 4 Mar 2010, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 14.8%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from solid brick, with internal insulation to solid brick, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 13% of fixed outlets to low energy lighting in 71% of fixed outlets, with efficiency improving from poor to 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
Average
Lighting
Low energy lighting in 71% of fixed outlets
Very Good

Compared to CT9 5RT

47 th / 50
Price Rank
61% lower than average
26 th / 33
Size Rank
39% smaller than average
30 th / 33
Price Per Sq FT Rank
36% lower than average

Compared to other properties in CT9 5RT , this flat's estimated value ranks 47th out of 50. Based on price per square foot, it ranks 30th out of 33 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 26th out of 33 properties in its postcode area.

Sale History

Today
£82,261
streetscan.co.uk estimate
-3 %
31 Mar 2022
£85,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 2, 15 Ramsgate Road, Margate, CT9 5RT
rooms: 3
size: 592 sq ft
sale price: £120,000
sale date: 26 Apr 2019
Flat 1, 15 Ramsgate Road, Margate, CT9 5RT
rooms: 3
size: 527 sq ft
sale price: £90,000
sale date: 23 Mar 2018
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 4, 49 Ramsgate Road, Margate, CT9 5RT
rooms: 2
size: 549 sq ft
sale price: £140,000
sale date: 8 Aug 2006

Data Sources

The property at Flat 2, 51 Ramsgate Road, Margate, Thanet, Kent, CT9 5RT appears once in the Land Registry records, with the transaction recorded on 31 Mar 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Nov 2019. 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.
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