Flat 21, Read Court The Grove, Westgate-On-Sea, CT8 8BE is a leasehold flat built between 2003-2006. The property offers approximately 560 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £72,044 , which equates to approximately £129 per square foot. It was last sold on 16 Dec 2022 for £79,000. Since then, the value has decreased by £6,956, representing a 8.8% decrease, or approximately 2.9% per year.

The current estimated value of £72,044 is:

  • 66.6% lower than the average property price on The Grove
  • 47.6% lower than the average in the CT8 8BE postcode area
  • and 77.4% lower than the average price for Westgate-On-Sea 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 21 November 2022, the property was recorded as owner-occupied.

View sold house prices in CT8 8BE

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
560 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£72,044
Price Per sq ft (estimate)
£129
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 21, Read Court The Grove, Westgate-On-Sea, Thanet, Kent, CT8 8BE has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 21 Nov 2022.

This property uses electric storage 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 21 Aug 2012. The rating of B remains the same, but the energy efficiency score improved by 2.4%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 62% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CT8 8BE

37 th / 37
Price Rank
48% lower than average
8 th / 30
Size Rank
10% smaller than average
30 th / 30
Price Per Sq FT Rank
42% lower than average

Compared to other properties in CT8 8BE , this flat's estimated value ranks 37th out of 37. Based on price per square foot, it ranks 30th out of 30 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 8th out of 30 properties in its postcode area.

Sale History

Today
£72,044
streetscan.co.uk estimate
-9 %
16 Dec 2022
£79,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 495 sq ft
sale price: £55,000
sale date: 12 Jul 2024
rooms: 2
size: 506 sq ft
sale price: £90,000
sale date: 10 Nov 2023
rooms: 2
size: 484 sq ft
sale price: £85,000
sale date: 17 Oct 2023
rooms: 2
size: 484 sq ft
sale price: £105,000
sale date: 3 Aug 2023
rooms: 2
size: 495 sq ft
sale price: £75,000
sale date: 30 Jun 2023

Data Sources

The property at Flat 21, Read Court The Grove, Westgate-On-Sea, Thanet, Kent, CT8 8BE appears once in the Land Registry records, with the transaction recorded on 16 Dec 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Nov 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.


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.