Flat 2, 7 Ethelbert Terrace, Margate, CT9 1RX is a leasehold flat built before 1900. The property offers approximately 538 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 £52,384 , which equates to approximately £97 per square foot. It was last sold on 9 Sep 1998 for £10,000. Since then, the value has increased by £42,384, representing a 423.8% increase, or approximately 15.5% per year.

The current estimated value of £52,384 is:

  • 67.2% lower than the average property price on Ethelbert Terrace
  • 71.8% lower than the average in the CT9 1RX postcode area
  • and 81.4% lower than the average price for Margate as a whole

At the most recent EPC inspection on 9 September 2022, the property was recorded as rented.

View sold house prices in CT9 1RX

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
538 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£52,384
Price Per sq ft (estimate)
£97
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 7 Ethelbert Terrace, Margate, Thanet, Kent, CT9 1RX has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 9 Sep 2022.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 25 May 2016, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 35.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water energy efficiency improving from very poor to poor, while the system remained as electric immersion, off-peak.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was updated from low energy lighting in 17% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
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 1RX

37 th / 37
Price Rank
72% lower than average
5 th / 16
Size Rank
3% smaller than average
16 th / 16
Price Per Sq FT Rank
71% lower than average

Compared to other properties in CT9 1RX , this flat's estimated value ranks 37th out of 37. Based on price per square foot, it ranks 16th out of 16 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 5th out of 16 properties in its postcode area.

Sale History

Today
£52,384
streetscan.co.uk estimate
+424 %
9 Sep 1998
£10,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 517 sq ft
sale price: £67,000
sale date: 11 Oct 2013
rooms: 2
size: 500 sq ft
sale price: £90,000
sale date: 3 Aug 2007
rooms: 3
size: 614 sq ft
sale price: £90,000
sale date: 9 Jun 2006
rooms: 2
size: 463 sq ft
sale price: £72,500
sale date: 25 Oct 2005

Data Sources

The property at Flat 2, 7 Ethelbert Terrace, Margate, Thanet, Kent, CT9 1RX appears once in the Land Registry records, with the transaction recorded on 9 Sep 1998. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Sep 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.


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