CT9 5TR is a residential postcode situated on Mere Gate, Margate, CT9 with 62 addresses.
It ranks as the 1068th largest and 548th most expensive of the 1,096 postcodes in the CT9 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 62 properties: 60 houses and 2 flats.
CT9 5TR is a residential postcode situated on Mere Gate, Margate, CT9 with 62 addresses.
It ranks as the 1068th largest and 548th most expensive of the 1,096 postcodes in the CT9 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 62 properties: 60 houses and 2 flats.
Sale prices range from £192,576 for 3 bedroom leasehold flats (1,108 ft2) to £372,266 for 4 bedroom freehold houses with a garden (1,657 ft2) .
Monthly rental prices range from £1,046 pcm for 3 bed flats to £1,720 pcm for 4 bed houses.
The gross rental yield is between 5.5% and 6.5%.
The average value per square foot is £308.
The last sale in CT9 5TR sold for £290,000 on 6th October 2022. Since then prices are down an average of 12.5%.
The current average value in the postcode is £260,212.
The CT9 5TR Sales Market has increased by 39.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.9% | £260,212 |
| April 2025 | -0.5% | £273,646 |
| April 2024 | -4.1% | £275,091 |
| April 2023 | -0.2% | £286,706 |
| April 2022 | 15.1% | £287,229 |
| April 2021 | 12.1% | £249,460 |
| April 2020 | 0.8% | £222,584 |
| April 2019 | -1% | £220,888 |
| April 2018 | 9.2% | £223,141 |
| April 2017 | 9.3% | £204,357 |
| April 2016 | 14.8% | £186,970 |
| April 2015 | 9.1% | £162,853 |
| April 2014 | 7.9% | £149,280 |
| April 2013 | 2.5% | £138,397 |
| April 2012 | -0.6% | £135,006 |
| April 2011 | -4.1% | £135,808 |
| April 2010 | 1.5% | £141,623 |
| April 2009 | -14.2% | £139,545 |
| April 2008 | -0.1% | £162,615 |
| April 2007 | 0% | £162,775 |
The current average rental value in the postcode is £1,327.
The CT9 5TR Rental Market has increased by 65.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.4% | £1,327pcm |
| April 2025 | 1.9% | £1,308pcm |
| April 2024 | 5.3% | £1,284pcm |
| April 2023 | 8.6% | £1,219pcm |
| April 2022 | 15.5% | £1,122pcm |
| April 2021 | 4.1% | £972pcm |
| April 2020 | 3.9% | £934pcm |
| April 2019 | 3% | £899pcm |
| April 2018 | 5.1% | £873pcm |
| April 2017 | 3.8% | £831pcm |
| April 2016 | 7.2% | £800pcm |
| April 2015 | 5.6% | £746pcm |
| April 2014 | 3.6% | £707pcm |
| April 2013 | 1.6% | £682pcm |
| April 2012 | 2.2% | £672pcm |
| April 2011 | 1.5% | £657pcm |
| April 2010 | 1.5% | £648pcm |
| April 2009 | -7.5% | £638pcm |
| April 2008 | 5.3% | £690pcm |
| April 2007 | 0% | £655pcm |
The last sale was on 6th October 2022 for £290,000 and since then the market in the area has decreased by 12.5%. The postcode has had a total of 15 sales since 1995.
CT9 5TR has seen no sales in the last three years and no sales in the last twelve months.
CT9 5TR is the 1068th largest and the 548th most expensive postcode out of the 1,096 postcodes in the CT9 area.
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The closest station to CT9 5TR is Margate station which is 500 metres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 CT9 5TR, 36.1% of property is socially rented and 28.6% is privately owned outright.
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 CT9 5TR, 23.2% of residents are recorded as possessing school level qualifications and 24.3% 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 CT9 5TR, the average age was 37.2 and the most common age was 32.
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 CT9 5TR, 0.0% 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 CT9 5TR, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.