Flat 3, 11 Rancorn Road, Margate, CT9 5DG is a leasehold other property built before 1900. The property offers approximately 689 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £85,517 , which equates to approximately £124 per square foot. It was last sold on 29 May 2020 for £76,500. Since then, the value has increased by £9,017, representing a 11.8% increase, or approximately 2.1% per year.

The current estimated value of £85,517 is:

  • 74.1% lower than the average property price on Rancorn Road
  • 71.7% lower than the average in the CT9 5DG postcode area
  • and 68.6% 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 24 July 2019, the property was recorded as owner-occupied.

View sold house prices in CT9 5DG

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
689 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£85,517
Price Per sq ft (estimate)
£124
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 3, 11 Rancorn Road, Margate, Thanet, Kent, CT9 5DG has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 24 Jul 2019.

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

The previous EPC assessment was conducted on 6 Oct 2008, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 5.3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from poor to very poor.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CT9 5DG

17 th / 19
Price Rank
72% lower than average
12 th / 16
Size Rank
37% smaller than average
15 th / 16
Price Per Sq FT Rank
55% lower than average

Compared to other properties in CT9 5DG , this flat's estimated value ranks 17th out of 19. Based on price per square foot, it ranks 15th 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 12th out of 16 properties in its postcode area.

Sale History

Today
£85,517
streetscan.co.uk estimate
+12 %
29 May 2020
£76,500
Leasehold
+7.7 %
22 Jun 2007
£71,000
Leasehold

Area Insights

Nearby Properties

rooms: 5
size: 1591 sq ft
sale price: £143,000
sale date: 14 Jun 2011
rooms: 6
size: 1572 sq ft
sale price: £550,000
sale date: 22 Mar 2024
rooms: 8
size: 1938 sq ft
sale price: £168,000
sale date: 10 Apr 2015
rooms: 7
size: 1884 sq ft
sale price: £59,995
sale date: 15 Sep 1997
rooms: 6
size: 1528 sq ft
sale price: £525,000
sale date: 16 Nov 2022

Data Sources

The property at Flat 3, 11 Rancorn Road, Margate, CT9 5DG appears two times in the Land Registry records, with the latest transaction recorded on 29 May 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Jul 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.