CT9 2JB is a residential postcode situated on Eastern Esplanade, Margate, CT9 with 24 addresses.
It ranks as the 679th largest and 435th most expensive of the 1,096 postcodes in the CT9 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 24 properties: 24 flats.
CT9 2JB is a residential postcode situated on Eastern Esplanade, Margate, CT9 with 24 addresses.
It ranks as the 679th largest and 435th most expensive of the 1,096 postcodes in the CT9 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 24 properties: 24 flats.
Sale prices range from £165,380 for 1 bedroom leasehold flats (441 ft2) to £323,823 for 4 bedroom leasehold flats (1,431 ft2) .
Monthly rental prices range from £747 pcm for 1 bed flats to £1,277 pcm for 4 bed flats.
The gross rental yield is between 4.6% and 5.5%.
The average value per square foot is £294.
The last sale in CT9 2JB sold for £240,000 on 19th December 2023. Since then prices are down an average of 8.4%.
The current average value in the postcode is £229,436.
The CT9 2JB Sales Market has increased by 28.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5.9% | £229,436 |
| April 2025 | -1.2% | £243,736 |
| April 2024 | -2.7% | £246,617 |
| April 2023 | -0.4% | £253,428 |
| April 2022 | 12.5% | £254,444 |
| April 2021 | 9.7% | £226,196 |
| April 2020 | 1.4% | £206,234 |
| April 2019 | -0.7% | £203,358 |
| April 2018 | 7.1% | £204,743 |
| April 2017 | 7.1% | £191,178 |
| April 2016 | 13.9% | £178,474 |
| April 2015 | 7.3% | £156,741 |
| April 2014 | 7.8% | £146,029 |
| April 2013 | 0.6% | £135,515 |
| April 2012 | -1.3% | £134,654 |
| April 2011 | -4.4% | £136,441 |
| April 2010 | 0.7% | £142,694 |
| April 2009 | -13.8% | £141,772 |
| April 2008 | 0.6% | £164,420 |
| April 2007 | 0% | £163,358 |
The current average rental value in the postcode is £949.
The CT9 2JB Rental Market has increased by 53.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.4% | £949pcm |
| April 2025 | 1.3% | £946pcm |
| April 2024 | 7.1% | £934pcm |
| April 2023 | 8.1% | £872pcm |
| April 2022 | 12.6% | £807pcm |
| April 2021 | 2.6% | £717pcm |
| April 2020 | 4.3% | £699pcm |
| April 2019 | 3.1% | £670pcm |
| April 2018 | 3.2% | £649pcm |
| April 2017 | 1.9% | £630pcm |
| April 2016 | 6.1% | £618pcm |
| April 2015 | 4.2% | £582pcm |
| April 2014 | 3.3% | £559pcm |
| April 2013 | -0.3% | £541pcm |
| April 2012 | 1.6% | £543pcm |
| April 2011 | 1% | £534pcm |
| April 2010 | 0.6% | £528pcm |
| April 2009 | -7.3% | £525pcm |
| April 2008 | 6% | £566pcm |
| April 2007 | 0% | £534pcm |
The last sale was on 19th December 2023 for £240,000 and since then the market in the area has decreased by 8.4%. The postcode has had a total of 48 sales since 1995.
CT9 2JB has seen 1 sale in the last three years and no sales in the last twelve months.
CT9 2JB is the 679th largest and the 435th most expensive postcode out of the 1,096 postcodes in the CT9 area.
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The closest station to CT9 2JB is Margate station which is 2.4 kilometres away.
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