Flat 2 8 Marine Gardens

    FLAT 2 8, MARINE GARDENS, MARGATE, CT9 1UN

    This flat/maisonette leasehold property on Marine Gardens last sold in May 2022 for £130,000. Based on price growth in the CT9 district since then, its estimated current value is £122,906 — placing it in the 7th percentile nationally and the 8th percentile within CT9. The property covers 54 m² (581 sq ft), giving an estimated value of £2,276 per m². The EPC rating is E, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £130,000

    May 2022

    Estimated Valuation

    £122,906

    Est. £/sq ft

    £211/sq ft

    £2,276/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelTo be used only when there is no heating/hot-water system or data is from a community network
    EPC currentE
    EPC potentialB
    Floor area581 sq ft (54 m²)
    EPC dateSept 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingNo system present: electric heaters assumed

    Transaction History

    6 May 2022

    £130,000

    Key Metrics

    Estimated valuation£122,906
    Value per sq ft / m²£211/sq ft (£2,276/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT9 district percentile8th percentile
    National percentile7th 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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