Flat 8, Marlborough House, 8 Royal Crescent, Margate, CT9 5AJ is a leasehold flat built between 1900-1929. The property offers approximately 538 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £141,357 , which equates to approximately £263 per square foot. It was last sold on 26 Apr 2017 for £115,000. Since then, the value has increased by £26,357, representing a 22.9% increase, or approximately 2.7% per year.

The current estimated value of £141,357 is:

  • 11.5% lower than the average property price on Royal Crescent
  • 19.5% lower than the average in the CT9 5AJ postcode area
  • and 49.9% lower than the average price for Margate as a whole

At the most recent EPC inspection on 28 November 2020, the property was recorded as rented.

View sold house prices in CT9 5AJ

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
538 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£141,357
Price Per sq ft (estimate)
£263
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 8, Marlborough House, 8 Royal Crescent, Margate, Thanet, Kent, CT9 5AJ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 28 Nov 2020.

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

The previous EPC assessment was conducted on 25 Aug 2020. The rating of E remains the same, but the energy efficiency score improved by 14%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system changed from electric instantaneous at point of use to electric immersion, off-peak, with no change in energy efficiency (very poor).
  • The roof construction or insulation changed from pitched, no insulation to flat, no insulation (assumed), with no change in energy efficiency (very poor).
  • The wall construction or insulation changed from timber frame, as built, partial insulation (assumed) to timber frame, with additional insulation, improving energy efficiency from average to good.
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 80% of fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Flat, no insulation (assumed)
Very Poor
Walls
Timber frame, with additional insulation
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to CT9 5AJ

26 th / 38
Price Rank
20% lower than average
4 th / 12
Size Rank
10% smaller than average
9 th / 12
Price Per Sq FT Rank
11% lower than average

Compared to other properties in CT9 5AJ , this flat's estimated value ranks 26th out of 38. Based on price per square foot, it ranks 9th 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 4th out of 12 properties in its postcode area.

Sale History

Today
£141,357
streetscan.co.uk estimate
+23 %
26 Apr 2017
£115,000
Leasehold
+243.3 %
29 Jan 2002
£33,500
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 7, Marlborough House, 8 Royal Crescent, Margate, CT9 5AJ
rooms: 2
size: 495 sq ft
sale price: £79,950
sale date: 3 Oct 2017
Flat 9, Marcella Court, 12 Royal Crescent, Margate, CT9 5AJ
rooms: 2
size: 495 sq ft
sale price: £127,200
sale date: 21 Jul 2016
Flat 3, Marlborough House, 8 Royal Crescent, Margate, CT9 5AJ
rooms: 2
size: 463 sq ft
sale price: £48,000
sale date: 18 Feb 2004
Flat 9, Marlborough House, 8 Royal Crescent, Margate, CT9 5AJ
rooms: 2
size: 495 sq ft
sale price: £14,000
sale date: 28 Feb 1997

Data Sources

The property at Flat 8, Marlborough House, 8 Royal Crescent, Margate, CT9 5AJ appears two times in the Land Registry records, with the latest transaction recorded on 26 Apr 2017. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Nov 2020. 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.
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