Flat 5, 43 Canterbury Road, Margate, CT9 5AW is a leasehold flat built before 1900. The property offers approximately 560 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £94,504 , which equates to approximately £169 per square foot. It was last sold on 20 Oct 2022 for £103,000. Since then, the value has decreased by £8,496, representing a 8.2% decrease, or approximately 2.6% per year.

The current estimated value of £94,504 is:

  • 67.7% lower than the average property price on Canterbury Road
  • 56.8% lower than the average in the CT9 5AW postcode area
  • and 66.5% 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 rented both times. This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 28 April 2023, the property was recorded as rented.

View sold house prices in CT9 5AW

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
560 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£94,504
Price Per sq ft (estimate)
£169
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, 43 Canterbury Road, Margate, Thanet, Kent, CT9 5AW has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 28 Apr 2023.

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 26 Nov 2021, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 104.5%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from very poor to average, while the system remained as electric immersion, off-peak.
  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Flat, no insulation (assumed)
Very Poor
Walls
Solid brick, 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 5AW

18 th / 24
Price Rank
57% lower than average
7 th / 18
Size Rank
43% smaller than average
13 th / 18
Price Per Sq FT Rank
24% lower than average

Compared to other properties in CT9 5AW , this flat's estimated value ranks 18th out of 24. Based on price per square foot, it ranks 13th out of 18 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 18 properties in its postcode area.

Sale History

Today
£94,504
streetscan.co.uk estimate
-8 %
20 Oct 2022
£103,000
Leasehold
+32.1 %
10 Dec 2015
£78,000
Leasehold
+23.8 %
15 Oct 2004
£63,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 484 sq ft
sale price: £75,000
sale date: 2 Dec 2016
rooms: 2
size: 506 sq ft
sale price: £53,500
sale date: 27 Apr 2011
rooms: 3
size: 538 sq ft
sale price: £75,000
sale date: 7 Apr 2006
rooms: 2
size: 495 sq ft
sale price: £60,000
sale date: 12 Dec 2003
rooms: 2
size: 527 sq ft
sale price: £28,950
sale date: 30 Nov 2000

Data Sources

The property at Flat 5, 43 Canterbury Road, Margate, CT9 5AW appears three times in the Land Registry records, with the latest transaction recorded on 20 Oct 2022. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Apr 2023. 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.