Flat 5, 2 Ethelbert Crescent, Margate, CT9 2AY is a leasehold flat built before 1900. The property offers approximately 517 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 £94,627 , which equates to approximately £183 per square foot. It was last sold on 22 Aug 2018 for £87,500. Since then, the value has increased by £7,127, representing a 8.1% increase, or approximately 1.1% per year.

The current estimated value of £94,627 is:

  • 51.3% lower than the average property price on Ethelbert Crescent
  • 36.2% lower than the average in the CT9 2AY postcode area
  • and 65.3% lower than the average price for Margate as a whole

At the most recent EPC inspection on 3 November 2018, the property was recorded as owner-occupied.

View sold house prices in CT9 2AY

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
517 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£94,627
Price Per sq ft (estimate)
£183
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, 2 Ethelbert Crescent, Margate, Thanet, Kent, CT9 2AY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 3 Nov 2018.

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 5 Nov 2008, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 6.1%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The wall construction or insulation changed from solid brick, with internal insulation to solid brick, as built, no insulation (assumed), changing energy efficiency from good to 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
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CT9 2AY

22 nd / 44
Price Rank
36% lower than average
30 th / 36
Size Rank
14% smaller than average
8 th / 36
Price Per Sq FT Rank
26% lower than average

Compared to other properties in CT9 2AY , this flat's estimated value ranks 22th out of 44. Based on price per square foot, it ranks 8th out of 36 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 30th out of 36 properties in its postcode area.

Sale History

Today
£94,627
streetscan.co.uk estimate
+8 %
22 Aug 2018
£87,500
Leasehold
-20.1 %
4 Sep 2006
£109,500
Leasehold
+10.6 %
30 Mar 2006
£99,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 3, 9 Ethelbert Crescent, Margate, CT9 2AY
rooms: 3
size: 570 sq ft
sale price: £140,000
sale date: 1 May 2024
Flat 4, 3 Ethelbert Crescent, Margate, CT9 2AY
rooms: 2
size: 495 sq ft
sale price: £157,500
sale date: 24 Jun 2022
Flat 2, 9 Ethelbert Crescent, Margate, CT9 2AY
rooms: 3
size: 560 sq ft
sale price: £176,000
sale date: 31 May 2022
Flat 3, 3 Ethelbert Crescent, Margate, CT9 2AY
rooms: 3
size: 506 sq ft
sale price: £130,000
sale date: 30 Nov 2021
Flat 5, 3 Ethelbert Crescent, Margate, CT9 2AY
rooms: 3
size: 527 sq ft
sale price: £115,000
sale date: 26 Feb 2021

Data Sources

The property at Flat 5, 2 Ethelbert Crescent, Margate, CT9 2AY appears three times in the Land Registry records, with the latest transaction recorded on 22 Aug 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Nov 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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