7 Balmoral Road

    7, BALMORAL ROAD, MARGATE, CT9 5PG

    This flat/maisonette leasehold property on Balmoral Road last sold in March 2022 for £128,000. Based on price growth in the CT9 district since then, its estimated current value is £121,015 — placing it in the 7th percentile nationally and the 7th percentile within CT9. The property covers 56 m² (603 sq ft), giving an estimated value of £2,161 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £128,000

    Mar 2022

    Estimated Valuation

    £121,015

    Est. £/sq ft

    £201/sq ft

    £2,161/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialD
    Floor area603 sq ft (56 m²)
    EPC dateMar 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Mar 2022

    £128,000

    Key Metrics

    Estimated valuation£121,015
    Value per sq ft / m²£201/sq ft (£2,161/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT9 district percentile7th percentile
    National percentile7th 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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