Flat 1 Marwell House Marine Drive

    FLAT 1 MARWELL HOUSE, MARINE DRIVE, MARGATE, CT9 1DJ

    This flat/maisonette leasehold property on Marine Drive last sold in October 2011 for £95,000. Based on price growth in the CT9 district since then, its estimated current value is £197,640 — placing it in the 24th percentile nationally and the 23rd percentile within CT9. The property covers 58 m² (624 sq ft), giving an estimated value of £3,408 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £95,000

    Oct 2011

    Estimated Valuation

    £197,640

    Est. £/sq ft

    £317/sq ft

    £3,408/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateFeb 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Oct 2011

    £95,000

    24 Feb 1997

    £17,500

    Key Metrics

    Estimated valuation£197,640
    Value per sq ft / m²£317/sq ft (£3,408/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT9 district percentile23rd percentile
    National percentile24th 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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