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23 King Street is a residential building situated on King Street, Margate, CT9 with 8 addresses.
It ranks as the 1611th largest and 981st most expensive of the 1,868 buildings in the CT9 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 8 properties: 8 flats.
23 King Street is a residential building situated on King Street, Margate, CT9 with 8 addresses.
It ranks as the 1611th largest and 981st most expensive of the 1,868 buildings in the CT9 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 8 properties: 8 flats.
Sale prices range from £136,839 for 1 bedroom leasehold flats with a garden (441 ft2) to £179,483 for 2 bedroom leasehold flats (753 ft2) .
Monthly rental prices range from £797 pcm for 1 bed flats to £941 pcm for 2 bed flats.
The gross rental yield is between 6.3% and 7.0%.
The average value per square foot is £271.
The last sale in 23 King Street sold for £190,000 on 4th November 2025. Since then prices are down an average of 0.8%.
The current average value in the building is £159,800.
The 23 King Street Sales Market has increased by 30.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -4% | £159,800 |
| May 2025 | -0.9% | £166,386 |
| May 2024 | -3.9% | £167,877 |
| May 2023 | -0.9% | £174,682 |
| May 2022 | 13.7% | £176,303 |
| May 2021 | 9.4% | £155,062 |
| May 2020 | 1.7% | £141,771 |
| May 2019 | 0.1% | £139,434 |
| May 2018 | 6.7% | £139,345 |
| May 2017 | 6.8% | £130,591 |
| May 2016 | 11.5% | £122,231 |
| May 2015 | 8.3% | £109,611 |
| May 2014 | 7.2% | £101,240 |
| May 2013 | 0.1% | £94,483 |
| May 2012 | -1.1% | £94,403 |
| May 2011 | -4% | £95,471 |
| May 2010 | 1.4% | £99,404 |
| May 2009 | -15.1% | £98,053 |
| May 2008 | -1.7% | £115,480 |
| May 2007 | 0% | £117,474 |
The current average rental value in the building is £886.
The 23 King Street Rental Market has increased by 55.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.6% | £886pcm |
| May 2025 | 0.8% | £873pcm |
| May 2024 | 5.7% | £866pcm |
| May 2023 | 7.6% | £820pcm |
| May 2022 | 13% | £762pcm |
| May 2021 | 4.1% | £674pcm |
| May 2020 | 3.3% | £648pcm |
| May 2019 | 4.2% | £627pcm |
| May 2018 | 3% | £602pcm |
| May 2017 | 2.6% | £584pcm |
| May 2016 | 4.8% | £569pcm |
| May 2015 | 4.8% | £543pcm |
| May 2014 | 3% | £519pcm |
| May 2013 | -1.7% | £503pcm |
| May 2012 | 1.3% | £512pcm |
| May 2011 | 1.8% | £506pcm |
| May 2010 | 1.7% | £496pcm |
| May 2009 | -8.8% | £488pcm |
| May 2008 | 3.7% | £535pcm |
| May 2007 | 0% | £516pcm |
The last sale was on 4th November 2025 for £190,000 and since then the market in the area has decreased by 0.8%. The building has had a total of 26 sales since 1995.
23, King Street, Margate, CT9 1DD has seen 1 sale in the last three years and 1 sale in the last twelve months.
The closest station to 23, King Street, Margate, CT9 1DD is Margate station which is 900 metres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, King Street, Margate, CT9 1DD, 64.2% of property is privately rented and 21.2% is socially rented.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 23, King Street, Margate, CT9 1DD, 12.9% of residents are recorded as possessing school level qualifications and 33.3% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 23, King Street, Margate, CT9 1DD, the average age was 37.6 and the most common age was 2.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 23, King Street, Margate, CT9 1DD, 0.4% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 23, King Street, Margate, CT9 1DD, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.