FLAT 2, 45, TRINITY SQUARE, MARGATE, CT9 1HT - £297,500

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 45 TRINITY SQUARE is a large flat of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £258,344. It was last sold for £297,500 in March 2023, which was around 67% above the average March 2023 flat price in the Thanet local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.

FLAT 2 45 TRINITY SQUARE Sold Prices

Land registry data shows four sales for FLAT 2 45 TRINITY SQUARE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Thanet local authority area for the corresponding sale date. Most of the four FLAT 2 45 TRINITY SQUARE sales were for above 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
2023 24 MAR	£297,500	£178,336	67% above HPI
2018 18 JAN	£160,000	£147,163	9% above HPI
2016 9 DEC	£115,000	£133,309	14% below HPI
2007 22 MAR	£139,000	£115,869	20% above HPI

What might FLAT 2 45 TRINITY SQUARE be worth now?

FLAT 2 45 TRINITY SQUARE might now be worth an estimated £258,344.

This is based on house price deflation of 13.2%, between March 2023 and April 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 13.2% deflationary decrease is applied to the most recent sale price for FLAT 2 45 TRINITY SQUARE of £297,500 on 24th March 2023. For the value to have decreased from £297,500 to £258,344 over the two years and eleven months to April 2026, the following assumptions must hold true:

• The value of FLAT 2 45 TRINITY SQUARE has moved in line with the HPI for flats in the Thanet local authority area.
• The March 2023 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of FLAT 2 45 TRINITY SQUARE has not materially changed since March 2023.

How Large is FLAT 2 45 TRINITY SQUARE?

FLAT 2 45 TRINITY SQUARE is 72m² according to the EPC inspection conducted in September 2022. This puts it in the largest 30% of flats in Margate, based on EPC data. 78% of flats are smaller than FLAT 2 45 TRINITY SQUARE, and 21% of flats are larger. Note that EPC data is not available for all properties in Margate.

FLAT 2 45 TRINITY SQUARE: Plot

FLAT 2 45 TRINITY SQUARE sits on a plot of roughly 0.212 of an acre, or 856m².

Where is FLAT 2 45 TRINITY SQUARE?

FLAT 2, 45 TRINITY SQUARE is located in MARGATE, in the CT9 postcode district.