Flat 7, Marlborough House, 8 Royal Crescent, Margate, CT9 5AJ is a leasehold flat built before 1900. The property offers approximately 495 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 £93,431 , which equates to approximately £189 per square foot. It was last sold on 3 Oct 2017 for £79,950. Since then, the value has increased by £13,481, representing a 16.9% increase, or approximately 2.1% per year.

The current estimated value of £93,431 is:

  • 41.5% lower than the average property price on Royal Crescent
  • 46.8% lower than the average in the CT9 5AJ postcode area
  • and 66.9% lower than the average price for Margate as a whole

Based on EPC inspection history, this property has been mostly rented (2 out of 3 inspections). 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 3 December 2021, the property was recorded as rented.

View sold house prices in CT9 5AJ

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£93,431
Price Per sq ft (estimate)
£189
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 7, 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 3 Dec 2021.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are single glazed.

The previous EPC assessment was conducted on 11 May 2021, when the property was rated G. Since then, the rating has improved to C, with the energy efficiency score increasing by 278.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from no system present: electric heaters assumed to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system changed from electric immersion, standard tariff to electric immersion, off-peak, with no change in energy efficiency (very poor).
  • The roof construction or insulation changed from pitched, no insulation (assumed) to (another dwelling above), changing energy efficiency from very poor to n/a.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CT9 5AJ

31 st / 38
Price Rank
47% lower than average
5 th / 12
Size Rank
17% smaller than average
10 th / 12
Price Per Sq FT Rank
36% lower than average

Compared to other properties in CT9 5AJ , this flat's estimated value ranks 31th out of 38. Based on price per square foot, it ranks 10th 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 5th out of 12 properties in its postcode area.

Sale History

Today
£93,431
streetscan.co.uk estimate
+17 %
3 Oct 2017
£79,950
Leasehold
+16.7 %
25 Jun 2004
£68,500
Leasehold
+117.5 %
27 Jul 2001
£31,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 538 sq ft
sale price: £115,000
sale date: 26 Apr 2017
rooms: 2
size: 495 sq ft
sale price: £127,200
sale date: 21 Jul 2016
rooms: 2
size: 441 sq ft
sale price: £95,000
sale date: 31 May 2007
rooms: 2
size: 463 sq ft
sale price: £48,000
sale date: 18 Feb 2004
rooms: 2
size: 495 sq ft
sale price: £14,000
sale date: 28 Feb 1997

Data Sources

The property at Flat 7, Marlborough House, 8 Royal Crescent, Margate, CT9 5AJ appears three times in the Land Registry records, with the latest transaction recorded on 3 Oct 2017. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Dec 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.


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