Basement Flat 57 Ramsgate Road

    BASEMENT FLAT 57, RAMSGATE ROAD, MARGATE, MARGATE, CT9 5RT

    This flat/maisonette leasehold property on Ramsgate Road last sold in May 2002 for £46,000. Based on price growth in the CT9 district since then, its estimated current value is £170,627 — placing it in the 17th percentile nationally and the 17th percentile within CT9. The property covers 80 m² (861 sq ft), giving an estimated value of £2,133 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £46,000

    May 2002

    Estimated Valuation

    £170,627

    Est. £/sq ft

    £198/sq ft

    £2,133/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageA
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area861 sq ft (80 m²)
    EPC dateSept 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 May 2002

    £46,000

    8 Nov 1999

    £31,000

    Key Metrics

    Estimated valuation£170,627
    Value per sq ft / m²£198/sq ft (£2,133/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT9 district percentile17th percentile
    National percentile17th 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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