FLAT 2, 18, NORTHDOWN ROAD, MARGATE, CT9 2RW - £118,500

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 2 18 NORTHDOWN ROAD is a large flat of 72m², built sometime between 1900 and 1929, which could now be worth an estimated £129,139. It was last sold for £118,500 in November 2017, which was around 18% below the average November 2017 flat price in the Thanet local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

FLAT 2 18 NORTHDOWN ROAD Sold Prices

Land registry data shows one sale for FLAT 2 18 NORTHDOWN ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Thanet local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 10 NOV	£118,500	£144,868	18% below HPI

What might FLAT 2 18 NORTHDOWN ROAD be worth now?

FLAT 2 18 NORTHDOWN ROAD might now be worth an estimated £129,139.

This is based on house price inflation of 9%, between November 2017 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% inflationary increase is applied to the most recent sale price for FLAT 2 18 NORTHDOWN ROAD of £118,500 on 10th November 2017. For the value to have increased from £118,500 to £129,139 over the nine years and six months to May 2026, the following assumptions must hold true:

• The value of FLAT 2 18 NORTHDOWN ROAD has moved in line with the HPI for flats in the Thanet local authority area.
• The November 2017 sale price of £118,500 represented a fair market value for the property.
• The size, condition, and specification of FLAT 2 18 NORTHDOWN ROAD has not materially changed since November 2017.

How Large is FLAT 2 18 NORTHDOWN ROAD?

FLAT 2 18 NORTHDOWN ROAD is 72m² according to the EPC inspection conducted in April 2017. This puts it in the largest 30% of flats in Margate, based on EPC data. 77% of flats are smaller than FLAT 2 18 NORTHDOWN ROAD, and 21% of flats are larger. Note that EPC data is not available for all properties in Margate.

FLAT 2 18 NORTHDOWN ROAD: Plot

FLAT 2 18 NORTHDOWN ROAD sits on a plot of roughly 0.024 of an acre, or 97m².

Where is FLAT 2 18 NORTHDOWN ROAD?

FLAT 2, 18 NORTHDOWN ROAD is located in MARGATE, in the CT9 postcode district.