Flat 5, Palm Bay Court, 11 Palm Bay Avenue, Margate, CT9 3DH is a leasehold flat built between 1930-1949. The property offers approximately 732 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 £179,423 , which equates to approximately £245 per square foot. It was last sold on 24 Apr 2015 for £115,500. Since then, the value has increased by £63,923, representing a 55.3% increase, or approximately 5.2% per year.

The current estimated value of £179,423 is:

  • 53.4% lower than the average property price on Palm Bay Avenue
  • 39.6% lower than the average in the CT9 3DH postcode area
  • and 36.4% lower than the average price for Margate as a whole

At the most recent EPC inspection on 11 December 2014, the property was recorded as owner-occupied.

View sold house prices in CT9 3DH

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
732 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£179,423
Price Per sq ft (estimate)
£245
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 5, Palm Bay Court, 11 Palm Bay Avenue, Margate, Thanet, Kent, CT9 3DH has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 11 Dec 2014.

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 single glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Single glazed
Very Poor
Lighting
No low energy lighting
Very Poor

Compared to CT9 3DH

14 th / 15
Price Rank
40% lower than average
7 th / 11
Size Rank
26% smaller than average
11 th / 11
Price Per Sq FT Rank
18% lower than average

Compared to other properties in CT9 3DH , this flat's estimated value ranks 14th out of 15. Based on price per square foot, it ranks 11th out of 11 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 11 properties in its postcode area.

Sale History

Today
£179,423
streetscan.co.uk estimate
+55 %
24 Apr 2015
£115,500
Leasehold
+54 %
6 Dec 2002
£75,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 678 sq ft
sale price: £325,000
sale date: 29 Mar 2023
rooms: 3
size: 629 sq ft
sale price: £205,000
sale date: 7 Sep 2018
rooms: 4
size: 797 sq ft
sale price: £135,000
sale date: 24 Sep 2015
rooms: 3
size: 700 sq ft
sale price: £132,000
sale date: 11 Jul 2014
rooms: 3
size: 775 sq ft
sale price: £87,500
sale date: 22 Aug 2003

Data Sources

The property at Flat 5, Palm Bay Court, 11 Palm Bay Avenue, Margate, CT9 3DH appears two times in the Land Registry records, with the latest transaction recorded on 24 Apr 2015. It also has a single Energy Performance Certificate (EPC) from 11 Dec 2014. 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.