3 Ocean View, 20 Palm Bay Avenue

    3 OCEAN VIEW, 20, PALM BAY AVENUE, MARGATE, CT9 3DQ

    This flat/maisonette leasehold property on Palm Bay Avenue last sold in January 2022 for £253,000. Based on price growth in the CT9 district since then, its estimated current value is £239,193 — placing it in the 35th percentile nationally and the 35th percentile within CT9. The property covers 56 m² (603 sq ft), giving an estimated value of £4,271 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £253,000

    Jan 2022

    Estimated Valuation

    £239,193

    Est. £/sq ft

    £397/sq ft

    £4,271/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2020
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateMay 2021
    WallsAverage thermal transmittance 0.19 W/m²K
    HeatingBoiler and underfloor heating, mains gas

    Transaction History

    17 Jan 2022

    £253,000

    Key Metrics

    Estimated valuation£239,193
    Value per sq ft / m²£397/sq ft (£4,271/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT9 district percentile35th percentile
    National percentile35th 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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