Property data
Sale history
Date Paid price Annual growth After inflation
Sep 2019 £102,000 * -1.2% -3.1%
Sep 2008 £116,312 na na

*This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.

Internal area
55 square metres (592 square feet) according to latest EPC inspection
Price per internal area

This property sold for £1,854 per square metre (£172 per square foot) in Sep 2019. Indexed forward to today's value, this is roughly £2,197 per square metre (£204 per square foot) .

Date Paid price Paid £/sqm Today's value Today's value £/sqm
Sep 2019 £102,000 £1,855 £120,860 £2,197
Sep 2008 £116,312 £2,115 £143,221 £2,604

Calculated using the latest EPC internal area of 55 m². Earlier sale dates may not have had the same measured area available.

Valuation
The most recent sale price indexed forward to today's value is £120,860. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Margate are now selling for between £2,150 and £3,460 per square metre (£199 and £321 per square foot). Based on an internal area of 55 m², this implies a valuation between £118,000 and £190,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
Bedrooms
3
Type
Flat
Council tax band
B
EPC Inspections
Summary:
21 November 2022 - energy performance certificate grade B
Reason for EPC:
Marketed sale
Tenure:
Owner-occupied
Property type:
2nd floor flat in an apartment block with 1 storeys , has 3 habitable rooms. Estimated year built 2003 to 2006
Area:
56 sqm (603 square foot) total internal area
Comments:
Walls: Cavity wall, as built, insulated (assumed). Roof: (another dwelling above). Heating: Room heaters, electric.

Summary:
19 October 2012 - energy performance certificate grade B
Reason for EPC:
Rental
Tenure:
Social rental
Property type:
2nd floor flat in an apartment block with 1 storeys , has 3 habitable rooms. Estimated year built 2007 to onwards
Area:
55 sqm (592 square foot) total internal area
Comments:
Walls: Cavity wall, as built, insulated (assumed). Roof: (another dwelling above). Heating: Room heaters, electric.