Marwell House, Marine Drive - CT9 1DJ
Key Building Insights
Marwell House, Marine Drive is a residential building situated on Marine Drive, Margate, CT9 with 8 addresses.
It ranks as the 1644th largest and 1160th 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 8 properties: 8 flats.
- Ave. Sale Price
- £172,397
- 10 Year change
- up 26.5%
- Ave. Rental Price
- £866pcm
- 10 Year change
- up 51.7%
- Ave. £ per ft²
- £248/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Building Insights
Marwell House, Marine Drive is a residential building situated on Marine Drive, Margate, CT9 with 8 addresses.
It ranks as the 1644th largest and 1160th 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 8 properties: 8 flats.
- Ave. Sale Price
- £172,397
- 10 Year change
- up 26.5%
- Ave. Rental Price
- £866pcm
- 10 Year change
- up 51.7%
- Ave. £ per ft²
- £248/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertieson Marine Drive, Margate, CT9
- Flat 1 Marwell House
2 Bed Period Flat
- Flat 2 Marwell House
2 Bed Period Flat
- Flat 3 Marwell House
2 Bed Period Flat
- Flat 4 Marwell House
2 Bed Period Flat
- Flat 5 Marwell House
2 Bed Period Flat
Sales Market Trends
The last sale in Marwell House, Marine Drive sold for £325,000 on 25th November 2022. Since then prices are up an average of 56.9%.
The current average value in the building is £172,397.
The Marwell House, Marine Drive Sales Market has increased by 26.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.5% | £172,397 |
| June 2025 | -1.8% | £180,566 |
| June 2024 | -3.7% | £183,898 |
| June 2023 | -1.9% | £190,886 |
| June 2022 | 14% | £194,595 |
| June 2021 | 9% | £170,700 |
| June 2020 | 2.1% | £156,627 |
| June 2019 | -0.3% | £153,479 |
| June 2018 | 6.4% | £153,911 |
| June 2017 | 6.1% | £144,645 |
| June 2016 | 11.3% | £136,282 |
| June 2015 | 8.9% | £122,407 |
| June 2014 | 7.2% | £112,430 |
| June 2013 | 1.4% | £104,835 |
| June 2012 | -1.1% | £103,410 |
| June 2011 | -4.4% | £104,530 |
| June 2010 | 1.6% | £109,300 |
| June 2009 | -14.4% | £107,606 |
| June 2008 | -3.1% | £125,642 |
| June 2007 | 0% | £129,644 |
Rental Market Trends
The current average rental value in the building is £866.
The Marwell House, Marine Drive Rental Market has increased by 51.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £866pcm |
| June 2025 | 0.3% | £859pcm |
| June 2024 | 5.2% | £856pcm |
| June 2023 | 7.5% | £813pcm |
| June 2022 | 12.1% | £757pcm |
| June 2021 | 5.1% | £675pcm |
| June 2020 | 2.3% | £642pcm |
| June 2019 | 4.7% | £628pcm |
| June 2018 | 2.9% | £600pcm |
| June 2017 | 2.1% | £583pcm |
| June 2016 | 4.8% | £571pcm |
| June 2015 | 5.3% | £545pcm |
| June 2014 | 3.2% | £517pcm |
| June 2013 | -1.4% | £501pcm |
| June 2012 | 1.3% | £508pcm |
| June 2011 | 1.8% | £502pcm |
| June 2010 | 2.3% | £493pcm |
| June 2009 | -9% | £482pcm |
| June 2008 | 3.1% | £530pcm |
| June 2007 | 0% | £514pcm |
Sales History
The last sale was on 25th November 2022 for £325,000 and since then the market in the area has increased by 56.9%. The building has had a total of 11 sales since 1995.
Marwell House, Marine Drive, Margate, CT9 1DJ has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2022£325,000 | 2 Bed FlatFlat 6, Marwell House, Marine Drive, Margate, CT9 1DJFlat 6, Marwell House, Marine Drive, Margate, CT9 1DJ
- Sold Dec 2021£287,500 | 2 Bed FlatFlat 2, Marwell House, Marine Drive, Margate, CT9 1DJFlat 2, Marwell House, Marine Drive, Margate, CT9 1DJ
- Sold May 2020£175,000 | 2 Bed FlatFlat 5, Marwell House, Marine Drive, Margate, CT9 1DJFlat 5, Marwell House, Marine Drive, Margate, CT9 1DJ
- Sold Feb 2018£225,000 | 2 Bed FlatFlat 1, Marwell House, Marine Drive, Margate, CT9 1DJFlat 1, Marwell House, Marine Drive, Margate, CT9 1DJ
- Sold Mar 2014£118,000 | 2 Bed FlatFlat 2, Marwell House, Marine Drive, Margate, CT9 1DJFlat 2, Marwell House, Marine Drive, Margate, CT9 1DJ
Property Types
- 7 period flats built between 1800 and 1911
- 1 other address of unknown type
- period flat (7)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (2)
- C (1)
- G (0)
- D (2)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Aug 2005£450,000 | 5 Bed House16, Marine Drive, Margate, CT9 1DH16, Marine Drive, Margate, CT9 1DH
- Sold Nov 2022£325,000 | 2 Bed FlatFlat 6, Marwell House, Marine Drive, Margate, CT9 1DJFlat 6, Marwell House, Marine Drive, Margate, CT9 1DJ
- Sold Dec 2021£287,500 | 2 Bed FlatFlat 2, Marwell House, Marine Drive, Margate, CT9 1DJFlat 2, Marwell House, Marine Drive, Margate, CT9 1DJ
Schools Nearby
- Margate, Holy Trinity and St John's Church of England Primary School500 m away
- Salmestone Primary School1.2 km away
- Drapers Mills Primary Academy1.5 km away
- Hartsdown Academy1.3 km away
- Ursuline College3.9 km away
- Dane Court Grammar School4.1 km away
More reading links
Public Transport Nearby
The closest station to Marwell House, Marine Drive, Margate, CT9 1DJ is Margate station, which is 700 metres away.
- Margate|700 m away
- Westgate-on-Sea|3.0 km away
- Broadstairs|4.9 km away
- Birchington-on-Sea|5.6 km away
