Flat 1 12 Royal Esplanade

    FLAT 1 12, ROYAL ESPLANADE, MARGATE, CT9 5DW

    This flat/maisonette leasehold property on Royal Esplanade last sold in April 2022 for £240,000. Based on price growth in the CT9 district since then, its estimated current value is £226,903 — placing it in the 31st percentile nationally and the 31st percentile within CT9. The property covers 98 m² (1,055 sq ft), giving an estimated value of £2,315 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,055 sq ft

    98 m²

    Last Sale Price

    £240,000

    Apr 2022

    Estimated Valuation

    £226,903

    Est. £/sq ft

    £215/sq ft

    £2,315/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,055 sq ft (98 m²)
    EPC dateNov 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Apr 2022

    £240,000

    1 Feb 2018

    £200,000

    3 Nov 2015

    £140,000

    2 Jul 2008

    £140,000

    Key Metrics

    Estimated valuation£226,903
    Value per sq ft / m²£215/sq ft (£2,315/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT9 district percentile31st percentile
    National percentile31st 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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