Flat 5, Marlborough House, 8 Royal Crescent, Margate, CT9 5AJ is a leasehold flat built between 1950-1966. The property offers approximately 388 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 £95,003 , which equates to approximately £245 per square foot. It was last sold on 10 Mar 2017 for £77,500. Since then, the value has increased by £17,503, representing a 22.6% increase, or approximately 2.6% per year.

The current estimated value of £95,003 is:

  • 40.5% lower than the average property price on Royal Crescent
  • 45.9% lower than the average in the CT9 5AJ postcode area
  • and 66.3% lower than the average price for Margate as a whole

At the most recent EPC inspection on 9 February 2021, the property was recorded as rented.

View sold house prices in CT9 5AJ

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
388 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£95,003
Price Per sq ft (estimate)
£245
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, Marlborough House, 8 Royal Crescent, Margate, Thanet, Kent, CT9 5AJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 9 Feb 2021.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 25 Aug 2020, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 12.3%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from electric instantaneous at point of use to electric immersion, standard tariff, with no change in energy efficiency (very poor).
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
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 5AJ

35 th / 38
Price Rank
46% lower than average
10 th / 12
Size Rank
35% smaller than average
8 th / 12
Price Per Sq FT Rank
17% lower than average

Compared to other properties in CT9 5AJ , this flat's estimated value ranks 35th out of 38. Based on price per square foot, it ranks 8th out of 12 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 10th out of 12 properties in its postcode area.

Sale History

Today
£95,003
streetscan.co.uk estimate
+23 %
10 Mar 2017
£77,500
Leasehold
+98.7 %
2 Aug 2002
£39,000
Leasehold
+30 %
18 Jan 2002
£30,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 355 sq ft
sale price: £200,000
sale date: 25 Apr 2022
rooms: 2
size: 441 sq ft
sale price: £95,000
sale date: 31 May 2007
rooms: 2
size: 388 sq ft
sale price: £30,000
sale date: 11 Oct 2000

Data Sources

The property at Flat 5, Marlborough House, 8 Royal Crescent, Margate, CT9 5AJ appears three times in the Land Registry records, with the latest transaction recorded on 10 Mar 2017. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Feb 2021. 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.