2 Palm Bay Avenue

    2, PALM BAY AVENUE, MARGATE, CT9 3DH

    This detached freehold property on Palm Bay Avenue last sold in April 2021 for £390,000. Based on price growth in the CT9 district since then, its estimated current value is £397,303 — placing it in the 67th percentile nationally and the 80th percentile within CT9. The property covers 106 m² (1,141 sq ft), giving an estimated value of £3,748 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,141 sq ft

    106 m²

    Last Sale Price

    £390,000

    Apr 2021

    Estimated Valuation

    £397,303

    Est. £/sq ft

    £348/sq ft

    £3,748/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area1,141 sq ft (106 m²)
    EPC dateFeb 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Apr 2021

    £390,000

    Key Metrics

    Estimated valuation£397,303
    Value per sq ft / m²£348/sq ft (£3,748/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT9 district percentile80th percentile
    National percentile67th 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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