56 Approach Road

    56, APPROACH ROAD, MARGATE, CT9 2AS

    This terraced freehold property on Approach Road last sold in March 2023 for £415,000. Based on price growth in the CT9 district since then, its estimated current value is £406,929 — placing it in the 68th percentile nationally and the 82nd percentile within CT9. The property covers 132 m² (1,421 sq ft), giving an estimated value of £3,083 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,421 sq ft

    132 m²

    Last Sale Price

    £415,000

    Mar 2023

    Estimated Valuation

    £406,929

    Est. £/sq ft

    £286/sq ft

    £3,083/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,421 sq ft (132 m²)
    EPC dateJan 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2023

    £415,000

    7 Nov 2003

    £166,000

    21 Mar 2002

    £123,000

    Key Metrics

    Estimated valuation£406,929
    Value per sq ft / m²£286/sq ft (£3,083/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT9 district percentile82nd percentile
    National percentile68th 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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