Flat 3, 8 Marine Gardens, Margate, CT9 1UN is a leasehold flat built between 1930-1949. The property offers approximately 581 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £160,046 , which equates to approximately £275 per square foot. It was last sold on 6 Mar 2020 for £135,000. Since then, the value has increased by £25,046, representing a 18.6% increase, or approximately 3.2% per year.

The current estimated value of £160,046 is:

  • 36.4% lower than the average property price on Marine Gardens
  • 53.6% lower than the average in the CT9 1UN postcode area
  • and 43.3% lower than the average price for Margate as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 17 September 2024, the property was recorded as rented.

View sold house prices in CT9 1UN

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
581 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£160,046
Price Per sq ft (estimate)
£275
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 3, 8 Marine Gardens, Margate, Thanet, Kent, CT9 1UN has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 17 Sep 2024.

This property uses electric underfloor heating as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 27 Nov 2018, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 21.2%.

Since the previous assessment, several changes were observed:

  • The heating system changed from room heaters, electric to electric underfloor heating, with no change in energy efficiency (very poor).
  • The roof construction or insulation changed from flat, limited insulation (assumed) to flat, insulated, improving energy efficiency from very poor to average.
  • The lighting was updated from low energy lighting in 57% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric underfloor heating
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Flat, insulated
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CT9 1UN

8 th / 11
Price Rank
54% lower than average
3 rd / 3
Size Rank
39% smaller than average
2 nd / 3
Price Per Sq FT Rank
24% lower than average

Compared to other properties in CT9 1UN , this flat's estimated value ranks 8th out of 11.

Sale History

Today
£160,046
streetscan.co.uk estimate
+19 %
6 Mar 2020
£135,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 581 sq ft
sale price: £130,000
sale date: 6 May 2022
rooms: 3
size: 657 sq ft
sale price: £115,000
sale date: 31 Mar 2021
rooms: 3
size: 635 sq ft
sale price: £123,000
sale date: 10 May 2019
rooms: 3
size: 603 sq ft
sale price: £135,000
sale date: 25 Aug 2017
rooms: 3
size: 624 sq ft
sale price: £77,000
sale date: 1 Oct 2015

Data Sources

The property at Flat 3, 8 Marine Gardens, Margate, Thanet, Kent, CT9 1UN appears once in the Land Registry records, with the transaction recorded on 6 Mar 2020. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Sep 2024. 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.