Flat 3 14 Palm Bay Avenue

    FLAT 3 14, PALM BAY AVENUE, MARGATE, CT9 3GH

    This flat/maisonette leasehold property on Palm Bay Avenue last sold in March 2019 for £325,000. Based on price growth in the CT9 district since then, its estimated current value is £400,300 — placing it in the 67th percentile nationally and the 81st percentile within CT9. The property covers 135 m² (1,453 sq ft), giving an estimated value of £2,965 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,453 sq ft

    135 m²

    Last Sale Price

    £325,000

    Mar 2019

    Estimated Valuation

    £400,300

    Est. £/sq ft

    £275/sq ft

    £2,965/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area1,453 sq ft (135 m²)
    EPC dateAug 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Mar 2019

    £325,000

    4 Jul 2006

    New build

    £305,000

    Key Metrics

    Estimated valuation£400,300
    Value per sq ft / m²£275/sq ft (£2,965/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT9 district percentile81st 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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