FLAT 1, 14, DANE ROAD, MARGATE, CT9 2AA - £110,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FLAT 1 14 DANE ROAD is a very small extended flat of 44m², built sometime before 1900, which could now be worth an estimated £120,599. It was last sold for £110,000 in January 2020, which was around 24% below the average January 2020 flat price in the Thanet local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was C.

FLAT 1 14 DANE ROAD Sold Prices

Land registry data shows two sales for FLAT 1 14 DANE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Thanet local authority area for the corresponding sale date. Both of the two FLAT 1 14 DANE ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 17 JAN	£110,000	£143,999	24% below HPI
2016 9 FEB	£78,000	£119,083	34% below HPI

What might FLAT 1 14 DANE ROAD be worth now?

FLAT 1 14 DANE ROAD might now be worth an estimated £120,599.

This is based on house price inflation of 9.6%, between January 2020 and May 2026, for flats, in the Thanet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.6% inflationary increase is applied to the most recent sale price for FLAT 1 14 DANE ROAD of £110,000 on 17th January 2020. For the value to have increased from £110,000 to £120,599 over the five years and eight months to May 2026, the following assumptions must hold true:

• The value of FLAT 1 14 DANE ROAD has moved in line with the HPI for flats in the Thanet local authority area.
• The January 2020 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 1 14 DANE ROAD has not materially changed since January 2020.

How Large is FLAT 1 14 DANE ROAD?

FLAT 1 14 DANE ROAD is 44m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of flats in Margate, based on EPC data. 14% of flats are smaller than FLAT 1 14 DANE ROAD, and 84% of flats are larger. Note that EPC data is not available for all properties in Margate.

FLAT 1 14 DANE ROAD: Plot

FLAT 1 14 DANE ROAD sits on a plot of roughly 0.024 of an acre, or 97m².

Where is FLAT 1 14 DANE ROAD?

FLAT 1, 14 DANE ROAD is located in MARGATE, in the CT9 postcode district.