7 Richmond Avenue

    7, RICHMOND AVENUE, MARGATE, CT9 2NG

    This terraced freehold property on Richmond Avenue last sold in January 2017 for £230,000. Based on price growth in the CT9 district since then, its estimated current value is £322,624 — placing it in the 54th percentile nationally and the 62nd percentile within CT9. The property covers 110 m² (1,184 sq ft), giving an estimated value of £2,933 per m². The EPC rating is F, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,184 sq ft

    110 m²

    Last Sale Price

    £230,000

    Jan 2017

    Estimated Valuation

    £322,624

    Est. £/sq ft

    £272/sq ft

    £2,933/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialB
    Floor area1,184 sq ft (110 m²)
    EPC dateMar 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    11 Jan 2017

    £230,000

    Key Metrics

    Estimated valuation£322,624
    Value per sq ft / m²£272/sq ft (£2,933/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT9 district percentile62nd percentile
    National percentile54th 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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