Flat 4, 26 Madeira Road, Margate, CT9 2QQ is a leasehold flat built before 1900. The property offers approximately 506 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 £98,621 , which equates to approximately £195 per square foot. It was last sold on 8 Jul 2005 for £62,500. Since then, the value has increased by £36,121, representing a 57.8% increase, or approximately 2.8% per year.

The current estimated value of £98,621 is:

  • 70.5% lower than the average property price on Madeira Road
  • 70.1% lower than the average in the CT9 2QQ postcode area
  • and 65.1% lower than the average price for Margate as a whole

View sold house prices in CT9 2QQ

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
506 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£98,621
Price Per sq ft (estimate)
£195
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 4, 26 Madeira Road, Margate, Thanet, Kent, CT9 2QQ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 23 Oct 2018.

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 12 Sep 2018, when the property was rated G. Since then, the rating has improved to E, with the energy efficiency score increasing by 3800%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from no system present: electric heaters assumed to electric storage heaters, improving energy efficiency from very poor to average.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 300 mm loft insulation, improving energy efficiency from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Timber frame, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CT9 2QQ

32 nd / 34
Price Rank
70% lower than average
27 th / 27
Size Rank
57% smaller than average
23 rd / 27
Price Per Sq FT Rank
31% lower than average

Compared to other properties in CT9 2QQ , this flat's estimated value ranks 32th out of 34. Based on price per square foot, it ranks 23th out of 27 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 27th out of 27 properties in its postcode area.

Sale History

Today
£98,621
streetscan.co.uk estimate
+58 %
8 Jul 2005
£62,500
Leasehold
+5 %
7 May 2004
£59,500
Leasehold
+48.8 %
3 Dec 2003
£40,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 3, 26 Madeira Road, Margate, CT9 2QQ
rooms: 2
size: 570 sq ft
sale price: £165,000
sale date: 24 Aug 2022
Flat 2, 26 Madeira Road, Margate, CT9 2QQ
rooms: 2
size: 564 sq ft
sale price: £52,500
sale date: 16 Dec 2011

Data Sources

The property at Flat 4, 26 Madeira Road, Margate, CT9 2QQ appears three times in the Land Registry records, with the latest transaction recorded on 8 Jul 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Oct 2018. 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.
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