Flat 2 12 Richmond Avenue

    FLAT 2 12, RICHMOND AVENUE, MARGATE, CT9 2NG

    This flat/maisonette leasehold property on Richmond Avenue last sold in March 2024 for £163,000. Based on price growth in the CT9 district since then, its estimated current value is £151,742 — placing it in the 13th percentile nationally and the 13th percentile within CT9. The property covers 73 m² (786 sq ft), giving an estimated value of £2,079 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £163,000

    Mar 2024

    Estimated Valuation

    £151,742

    Est. £/sq ft

    £193/sq ft

    £2,079/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area786 sq ft (73 m²)
    EPC dateJul 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    28 Mar 2024

    £163,000

    1 Nov 2016

    £80,000

    27 Mar 2000

    £30,500

    Key Metrics

    Estimated valuation£151,742
    Value per sq ft / m²£193/sq ft (£2,079/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT9 district percentile13th percentile
    National percentile13th 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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