Flat 8 14 Palm Bay Avenue

    FLAT 8 14, PALM BAY AVENUE, MARGATE, CT9 3GH

    This flat/maisonette leasehold property on Palm Bay Avenue last sold in December 2021 for £425,000. Based on price growth in the CT9 district since then, its estimated current value is £442,043 — placing it in the 73rd percentile nationally and the 87th percentile within CT9. The property covers 130 m² (1,399 sq ft), giving an estimated value of £3,400 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,399 sq ft

    130 m²

    Last Sale Price

    £425,000

    Dec 2021

    Estimated Valuation

    £442,043

    Est. £/sq ft

    £316/sq ft

    £3,400/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area1,399 sq ft (130 m²)
    EPC dateMay 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Dec 2021

    £425,000

    17 Aug 2017

    £372,500

    2 Dec 2005

    New build

    £370,000

    Key Metrics

    Estimated valuation£442,043
    Value per sq ft / m²£316/sq ft (£3,400/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT9 district percentile87th percentile
    National percentile73rd 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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