Flat 6, Palm Bay Court, 11 Palm Bay Avenue, Margate, CT9 3DH is a leasehold flat built between 1900-1929. The property offers approximately 797 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 £196,820 , which equates to approximately £247 per square foot. It was last sold on 24 Sep 2015 for £135,000. Since then, the value has increased by £61,820, representing a 45.8% increase, or approximately 4.5% per year.

The current estimated value of £196,820 is:

  • 48.8% lower than the average property price on Palm Bay Avenue
  • 33.7% lower than the average in the CT9 3DH postcode area
  • and 30.3% lower than the average price for Margate as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 27 February 2021, the property was recorded as rented.

View sold house prices in CT9 3DH

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
797 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£196,820
Price Per sq ft (estimate)
£247
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 6, Palm Bay Court, 11 Palm Bay Avenue, Margate, Thanet, Kent, CT9 3DH has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 27 Feb 2021.

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 15 Jun 2011, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 29.6%.

Since the previous assessment, several changes were observed:

  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was updated from low energy lighting in 50% of fixed outlets to no low energy lighting, with efficiency changing from good to very poor.
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
No low energy lighting
Very Poor

Compared to CT9 3DH

12 th / 15
Price Rank
34% lower than average
5 th / 11
Size Rank
20% smaller than average
9 th / 11
Price Per Sq FT Rank
18% lower than average

Compared to other properties in CT9 3DH , this flat's estimated value ranks 12th out of 15. Based on price per square foot, it ranks 9th 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 5th out of 11 properties in its postcode area.

Sale History

Today
£196,820
streetscan.co.uk estimate
+46 %
24 Sep 2015
£135,000
Leasehold
+35 %
5 Apr 2007
£100,000
Leasehold
+132.6 %
5 Mar 1999
£43,000
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: 732 sq ft
sale price: £115,500
sale date: 24 Apr 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
rooms: 3
size: 710 sq ft
sale price: £175,000
sale date: 4 Jun 2021

Data Sources

The property at Flat 6, Palm Bay Court, 11 Palm Bay Avenue, Margate, CT9 3DH appears three times in the Land Registry records, with the latest transaction recorded on 24 Sep 2015. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 27 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.