Flat 2, 8 Fort Crescent, Margate, CT9 1HN is a leasehold flat built before 1900. 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 £212,620 , which equates to approximately £412 per square foot. It was last sold on 29 Nov 2021 for £220,750. Since then, the value has decreased by £8,130, representing a 3.7% decrease, or approximately 0.9% per year.

The current estimated value of £212,620 is:

  • 4.6% lower than the average property price on Fort Crescent
  • 14.4% higher than the average in the CT9 1HN postcode area
  • and 22.0% lower than the average price for Margate as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 26 November 2020, the property was recorded as owner-occupied.

View sold house prices in CT9 1HN

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
517 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£212,620
Price Per sq ft (estimate)
£412
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 8 Fort Crescent, Margate, Thanet, Kent, CT9 1HN has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 26 Nov 2020.

This property uses electric storage heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows have some double glazing.

The previous EPC assessment was conducted on 15 Oct 2020, when the property was rated G. Since then, the rating has improved to D, with the energy efficiency score increasing by 215%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The roof construction or insulation changed from (another dwelling above) to flat, insulated, improving energy efficiency from n/a to average.
Heating Type
Electric storage heaters
Average
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Flat, insulated
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Some double glazing
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CT9 1HN

8 th / 35
Price Rank
14% higher than average
3 rd / 13
Size Rank
38% bigger than average
5 th / 13
Price Per Sq FT Rank
17% lower than average

Compared to other properties in CT9 1HN , this flat's estimated value ranks 8th out of 35. Based on price per square foot, it ranks 5th out of 13 properties. In terms of size, this home ranks 3rd out of 13 properties in its postcode area.

Sale History

Today
£212,620
streetscan.co.uk estimate
-4 %
29 Nov 2021
£220,750
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 506 sq ft
sale price: £112,000
sale date: 24 Jul 2017
rooms: 3
size: 517 sq ft
sale price: £224,600
sale date: 16 Mar 2023
rooms: 3
size: 581 sq ft
sale price: £236,000
sale date: 19 Mar 2021
rooms: 2
size: 551 sq ft
sale price: £240,000
sale date: 29 May 2019
rooms: 3
size: 474 sq ft
sale price: £175,000
sale date: 3 Nov 2017

Data Sources

The property at Flat 2, 8 Fort Crescent, Margate, Thanet, Kent, CT9 1HN appears once in the Land Registry records, with the transaction recorded on 29 Nov 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Nov 2020. 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.