5 Homestead Close

    5, HOMESTEAD CLOSE, MARGATE, CT9 1TW

    This flat/maisonette leasehold property on Homestead Close last sold in October 2020 for £92,250. Based on price growth in the CT9 district since then, its estimated current value is £113,872 — placing it in the 6th percentile nationally and the 6th percentile within CT9. The property covers 49 m² (527 sq ft), giving an estimated value of £2,324 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    527 sq ft

    49 m²

    Last Sale Price

    £92,250

    Oct 2020

    Estimated Valuation

    £113,872

    Est. £/sq ft

    £216/sq ft

    £2,324/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area527 sq ft (49 m²)
    EPC dateFeb 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Oct 2020

    £92,250

    Key Metrics

    Estimated valuation£113,872
    Value per sq ft / m²£216/sq ft (£2,324/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT9 district percentile6th percentile
    National percentile6th 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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