2 Park Place

    2, PARK PLACE, MARGATE, CT9 1LE

    This terraced freehold property on Park Place last sold in May 2016 for £105,000. Based on price growth in the CT9 district since then, its estimated current value is £159,859 — placing it in the 15th percentile nationally and the 15th percentile within CT9. The property covers 52 m² (560 sq ft), giving an estimated value of £3,074 per m². The EPC rating is F, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £105,000

    May 2016

    Estimated Valuation

    £159,859

    Est. £/sq ft

    £286/sq ft

    £3,074/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialB
    Floor area560 sq ft (52 m²)
    EPC dateDec 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, mains gas

    Transaction History

    11 May 2016

    £105,000

    Key Metrics

    Estimated valuation£159,859
    Value per sq ft / m²£286/sq ft (£3,074/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT9 district percentile15th percentile
    National percentile15th percentile

    District Context — CT9

    CT9 covers the Isle of Sheppey, including the towns of Sittingbourne, Faversham and the surrounding areas in north Kent. It is a mixed residential area with a blend of coastal and rural character, offering more affordable housing than many parts of the south-east.

    Average Property Price - CT9

    £298,363

    41

    National percentile

    Average Net Household Income - CT9

    £35,935

    37

    National percentile

    10-Year Annualised Price Growth - CT9

    5.7%

    95

    National percentile

    10-Year Annualised Rent Growth - CT

    4.5%

    83

    National percentile

    View full analysis for CT9

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