Flat 4 26 Madeira Road

    FLAT 4 26, MADEIRA ROAD, MARGATE, MARGATE, CT9 2QQ

    This flat/maisonette leasehold property on Madeira Road last sold in July 2005 for £62,500. Based on price growth in the CT9 district since then, its estimated current value is £122,116 — placing it in the 7th percentile nationally and the 8th percentile within CT9. The property covers 47 m² (506 sq ft), giving an estimated value of £2,598 per m². The EPC rating is E, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £62,500

    Jul 2005

    Estimated Valuation

    £122,116

    Est. £/sq ft

    £241/sq ft

    £2,598/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialD
    Floor area506 sq ft (47 m²)
    EPC dateOct 2018
    WallsTimber frame, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    8 Jul 2005

    £62,500

    7 May 2004

    £59,500

    3 Dec 2003

    £40,000

    Key Metrics

    Estimated valuation£122,116
    Value per sq ft / m²£241/sq ft (£2,598/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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