Flat 7, 56A Canterbury Road, Margate, CT9 5BG is a leasehold flat built between 2007-2011. The property offers approximately 560 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 £141,730 , which equates to approximately £253 per square foot. It was last sold on 20 Feb 2014 for £84,000. Since then, the value has increased by £57,730, representing a 68.7% increase, or approximately 5.8% per year.

The current estimated value of £141,730 is:

  • 51.5% lower than the average property price on Canterbury Road
  • 28.5% lower than the average in the CT9 5BG postcode area
  • and 49.8% lower than the average price for Margate as a whole

At the most recent EPC inspection on 7 June 2022, the property was recorded as rented.

View sold house prices in CT9 5BG

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
560 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£141,730
Price Per sq ft (estimate)
£253
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 7, 56A Canterbury Road, Margate, Thanet, Kent, CT9 5BG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 7 Jun 2022.

This property uses electric room heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 18 Jun 2012, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 13.4%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from average thermal transmittance 0.12 w/m?k to flat, insulated (assumed), changing energy efficiency from very good to good.
  • The wall construction or insulation changed from average thermal transmittance 0.17 w/m?k to cavity wall, as built, insulated (assumed), changing energy efficiency from very good to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Flat, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CT9 5BG

23 rd / 24
Price Rank
29% lower than average
13 th / 18
Size Rank
8% smaller than average
15 th / 18
Price Per Sq FT Rank
22% lower than average

Compared to other properties in CT9 5BG , this flat's estimated value ranks 23th out of 24. Based on price per square foot, it ranks 15th 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 13th out of 18 properties in its postcode area.

Sale History

Today
£141,730
streetscan.co.uk estimate
+69 %
20 Feb 2014
£84,000
Leasehold
+13.5 %
16 Nov 2012
£74,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 603 sq ft
sale price: £220,000
sale date: 3 Jul 2024
rooms: 2
size: 603 sq ft
sale price: £210,000
sale date: 15 Feb 2024
rooms: 2
size: 560 sq ft
sale price: £190,000
sale date: 10 Nov 2023
rooms: 2
size: 560 sq ft
sale price: £103,000
sale date: 20 Oct 2022
rooms: 2
size: 624 sq ft
sale price: £70,000
sale date: 14 Jun 2021

Data Sources

The property at Flat 7, 56A Canterbury Road, Margate, CT9 5BG appears two times in the Land Registry records, with the latest transaction recorded on 20 Feb 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Jun 2022. 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.