16, Royal Esplanade - CT9 5DX
Key Building Insights
16, Royal Esplanade is a residential building situated on Royal Esplanade, Margate, CT9 with 3 addresses.
It ranks as the 667th largest and 1637th most expensive of the 1,868 buildings in the CT9 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 3 properties: 2 flats and 1 other property.
- Ave. Sale Price
- £248,741
- 10 Year change
- up 23.3%
- Ave. Rental Price
- £980pcm
- 10 Year change
- up 48.4%
- Ave. £ per ft²
- £290/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Building Insights
16, Royal Esplanade is a residential building situated on Royal Esplanade, Margate, CT9 with 3 addresses.
It ranks as the 667th largest and 1637th most expensive of the 1,868 buildings in the CT9 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 3 properties: 2 flats and 1 other property.
- Ave. Sale Price
- £248,741
- 10 Year change
- up 23.3%
- Ave. Rental Price
- £980pcm
- 10 Year change
- up 48.4%
- Ave. £ per ft²
- £290/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Properties on Royal Esplanade, Margate, CT9
- Flat 1, 16 Royal Esplanade
Period Flat
- Flat 2, 16 Royal Esplanade
3 Bed Period Flat
- Flat 3, 16 Royal Esplanade
3 Bed Period Flat
Sales Market Trends
The last sale in 16, Royal Esplanade sold for £270,000 on 10th September 2024. Since then prices are down an average of 5.1%.
The current average value in the building is £248,741.
The 16, Royal Esplanade Sales Market has increased by 23.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -6.1% | £248,741 |
| June 2025 | -2.2% | £264,994 |
| June 2024 | -3.2% | £271,071 |
| June 2023 | -2% | £280,068 |
| June 2022 | 13.4% | £285,846 |
| June 2021 | 8.9% | £252,084 |
| June 2020 | 2.4% | £231,560 |
| June 2019 | -0.3% | £226,188 |
| June 2018 | 6.2% | £226,847 |
| June 2017 | 5.9% | £213,635 |
| June 2016 | 11.2% | £201,739 |
| June 2015 | 8.5% | £181,432 |
| June 2014 | 7.7% | £167,163 |
| June 2013 | 2.3% | £155,253 |
| June 2012 | -0.9% | £151,822 |
| June 2011 | -3.9% | £153,179 |
| June 2010 | 2.2% | £159,323 |
| June 2009 | -13.2% | £155,834 |
| June 2008 | -2.1% | £179,502 |
| June 2007 | 0% | £183,368 |
Rental Market Trends
The current average rental value in the building is £980.
The 16, Royal Esplanade Rental Market has increased by 48.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £980pcm |
| June 2025 | 0% | £988pcm |
| June 2024 | 5.8% | £988pcm |
| June 2023 | 7.1% | £934pcm |
| June 2022 | 11.4% | £872pcm |
| June 2021 | 5.4% | £783pcm |
| June 2020 | 2.4% | £743pcm |
| June 2019 | 4.8% | £725pcm |
| June 2018 | 2.8% | £692pcm |
| June 2017 | 2% | £674pcm |
| June 2016 | 4.5% | £660pcm |
| June 2015 | 5.2% | £632pcm |
| June 2014 | 3.4% | £601pcm |
| June 2013 | -0.5% | £581pcm |
| June 2012 | 1.6% | £584pcm |
| June 2011 | 2.2% | £575pcm |
| June 2010 | 2.9% | £563pcm |
| June 2009 | -7.8% | £547pcm |
| June 2008 | 4.1% | £593pcm |
| June 2007 | 0% | £569pcm |
Sales History
The last recorded sale was on 10th September 2024 for £270,000 and since then the market in the area has decreased by 5.1%.
16, Royal Esplanade, Margate, CT9 5DX has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Sep 2024£270,000 | 3 Bed FlatFlat 2, 16, Royal Esplanade, Margate, CT9 5DXFlat 2, 16, Royal Esplanade, Margate, CT9 5DX
- Sold Oct 2021£270,000 | 3 Bed FlatFlat 3, 16, Royal Esplanade, Margate, CT9 5DXFlat 3, 16, Royal Esplanade, Margate, CT9 5DX
- Sold Dec 2015£160,000 | 3 Bed FlatFlat 3, 16, Royal Esplanade, Margate, CT9 5DXFlat 3, 16, Royal Esplanade, Margate, CT9 5DX
Property Types
- 2 period flats built between 1800 and 1911
- 1 other address of unknown type
- period flat (2)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Sep 2021£1,275,000 | 6 Bed House44, Royal Esplanade, Margate, CT9 5EN44, Royal Esplanade, Margate, CT9 5EN
- Sold Jun 2023£1,045,000 | 5 Bed House66, Royal Esplanade, Margate, CT9 5ET66, Royal Esplanade, Margate, CT9 5ET
- Sold Dec 2024£980,000 | 5 Bed House61, Royal Esplanade, Margate, CT9 5ET61, Royal Esplanade, Margate, CT9 5ET
Schools Nearby
- Garlinge Primary School and Nursery800 m away
- Salmestone Primary School1.7 km away
- St Gregory's Catholic Primary School, Margate1.7 km away
- Hartsdown Academy900 m away
- Ursuline College2.3 km away
- King Ethelbert School2.7 km away
More reading links
Public Transport Nearby
The closest station to 16, Royal Esplanade, Margate, CT9 5DX is Margate station, which is 900 metres away.
- Margate|900 m away
- Westgate-on-Sea|1.5 km away
- Birchington-on-Sea|4.1 km away
- Thanet Parkway|5.9 km away
