FLAT 3, 18, TRINITY SQUARE, MARGATE, CT9 1HR - £137,000

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 3 18 TRINITY SQUARE is a very small flat of 41m², built sometime before 1900, which could now be worth an estimated £116,283. It was last sold for £137,000 in June 2022, which was around 25% below the average June 2022 flat price in the Thanet local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

FLAT 3 18 TRINITY SQUARE Sold Prices

Land registry data shows two sales for FLAT 3 18 TRINITY SQUARE 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 3 18 TRINITY SQUARE 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
2022 17 JUN	£137,000	£182,454	25% below HPI
2006 27 JUN	£57,500	£109,748	48% below HPI

What might FLAT 3 18 TRINITY SQUARE be worth now?

FLAT 3 18 TRINITY SQUARE might now be worth an estimated £116,283.

This is based on house price deflation of 15.1%, between June 2022 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 15.1% deflationary decrease is applied to the most recent sale price for FLAT 3 18 TRINITY SQUARE of £137,000 on 17th June 2022. For the value to have decreased from £137,000 to £116,283 over the four years and two months to April 2026, the following assumptions must hold true:

• The value of FLAT 3 18 TRINITY SQUARE has moved in line with the HPI for flats in the Thanet local authority area.
• The June 2022 sale price of £137,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 3 18 TRINITY SQUARE has not materially changed since June 2022.

How Large is FLAT 3 18 TRINITY SQUARE?

FLAT 3 18 TRINITY SQUARE is 41m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% of flats in Margate, based on EPC data. 9% of flats are smaller than FLAT 3 18 TRINITY SQUARE, and 90% of flats are larger. Note that EPC data is not available for all properties in Margate.

FLAT 3 18 TRINITY SQUARE: Plot

FLAT 3 18 TRINITY SQUARE sits on a plot of roughly 0.024 of an acre, or 99m².

Where is FLAT 3 18 TRINITY SQUARE?

FLAT 3, 18 TRINITY SQUARE is located in MARGATE, in the CT9 postcode district.