Flat 5, 1 Wye Gardens, Cliftonville, Margate, CT9 3JL is a leasehold flat built between 1976-1982. The property offers approximately 700 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £176,578 , which equates to approximately £252 per square foot. It was last sold on 4 Jul 2022 for £195,000. Since then, the value has decreased by £18,422, representing a 9.4% decrease, or approximately 2.7% per year.

The current estimated value of £176,578 is:

  • 11.7% lower than the average property price on Wye Gardens
  • 12.6% lower than the average in the CT9 3JL postcode area
  • and 37.4% 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 22 February 2022, the property was recorded as owner-occupied.

View sold house prices in CT9 3JL

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
700 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£176,578
Price Per sq ft (estimate)
£252
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 5, 1 Wye Gardens, Cliftonville, Margate, Thanet, Kent, CT9 3JL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 22 Feb 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 25 May 2010. The rating of C remains the same, but the energy efficiency score improved by 7.2%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency improving from average to good, while the system remained as from main system.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, as built, partial insulation (assumed), improving energy efficiency from poor to average.
  • The lighting was updated from low energy lighting in 16% of fixed outlets to low energy lighting in 93% of fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 93% of fixed outlets
Very Good

Compared to CT9 3JL

20 th / 25
Price Rank
13% lower than average
7 th / 16
Size Rank
2% smaller than average
16 th / 16
Price Per Sq FT Rank
11% lower than average

Compared to other properties in CT9 3JL , this flat's estimated value ranks 20th out of 25. Based on price per square foot, it ranks 16th 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 7th out of 16 properties in its postcode area.

Sale History

Today
£176,578
streetscan.co.uk estimate
-9 %
4 Jul 2022
£195,000
Leasehold
+41.3 %
6 Nov 2019
£138,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 700 sq ft
sale price: £195,000
sale date: 24 Apr 2024
rooms: 4
size: 614 sq ft
sale price: £142,000
sale date: 20 Sep 2019
rooms: 3
size: 667 sq ft
sale price: £172,500
sale date: 16 Aug 2017
rooms: 4
size: 624 sq ft
sale price: £150,000
sale date: 12 Apr 2017
rooms: 3
size: 710 sq ft
sale price: £114,000
sale date: 29 Oct 2014

Data Sources

The property at Flat 5, 1 Wye Gardens, Cliftonville, Margate, CT9 3JL appears two times in the Land Registry records, with the latest transaction recorded on 4 Jul 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Feb 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.