8 Palm Bay Avenue

    8, PALM BAY AVENUE, MARGATE, CT9 3DH

    This detached freehold property on Palm Bay Avenue last sold in May 2009 for £155,000. Based on price growth in the CT9 district since then, its estimated current value is £307,371 — placing it in the 51st percentile nationally and the 58th percentile within CT9. The property covers 116 m² (1,249 sq ft), giving an estimated value of £2,650 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,249 sq ft

    116 m²

    Last Sale Price

    £155,000

    May 2009

    Estimated Valuation

    £307,371

    Est. £/sq ft

    £246/sq ft

    £2,650/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,249 sq ft (116 m²)
    EPC dateOct 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 May 2009

    £155,000

    Key Metrics

    Estimated valuation£307,371
    Value per sq ft / m²£246/sq ft (£2,650/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT9 district percentile58th percentile
    National percentile51st 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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