2 Magnolia Avenue

    2, MAGNOLIA AVENUE, MARGATE, CT9 3DS

    This detached freehold property on Magnolia Avenue last sold in July 2022 for £450,000. Based on price growth in the CT9 district since then, its estimated current value is £412,535 — placing it in the 69th percentile nationally and the 83rd percentile within CT9. The property covers 97 m² (1,044 sq ft), giving an estimated value of £4,253 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £450,000

    Jul 2022

    Estimated Valuation

    £412,535

    Est. £/sq ft

    £395/sq ft

    £4,253/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,044 sq ft (97 m²)
    EPC dateJun 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Jul 2022

    £450,000

    28 Feb 2019

    £330,000

    28 Nov 2008

    £225,000

    24 Oct 2001

    £147,500

    Key Metrics

    Estimated valuation£412,535
    Value per sq ft / m²£395/sq ft (£4,253/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT9 district percentile83rd percentile
    National percentile69th 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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