Ground Floor Flat 25 Richmond Avenue

    GROUND FLOOR FLAT 25, RICHMOND AVENUE, MARGATE, MARGATE, CT9 2NG

    This flat/maisonette leasehold property on Richmond Avenue last sold in September 2007 for £112,000. Based on price growth in the CT9 district since then, its estimated current value is £158,480 — placing it in the 14th percentile nationally and the 15th percentile within CT9. The property covers 75 m² (807 sq ft), giving an estimated value of £2,113 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £112,000

    Sept 2007

    Estimated Valuation

    £158,480

    Est. £/sq ft

    £196/sq ft

    £2,113/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area807 sq ft (75 m²)
    EPC dateJan 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Sept 2007

    £112,000

    16 Mar 2007

    New build

    £89,995

    Key Metrics

    Estimated valuation£158,480
    Value per sq ft / m²£196/sq ft (£2,113/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT9 district percentile15th percentile
    National percentile14th 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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