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Marine Drive is a residential street with 21 addresses.
It ranks as the 309th largest and 95th most expensive of the 696 streets in the CT9 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 21 properties: 4 houses and 17 flats.
Marine Drive is a residential street with 21 addresses.
It ranks as the 309th largest and 95th most expensive of the 696 streets in the CT9 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 21 properties: 4 houses and 17 flats.
Sale prices range from £114,620 for 1 bedroom Leasehold flats (430 ft2) to £488,857 for 5 bedroom freehold houses with a garden (1,694 ft2) .
Monthly rental prices range from £731 pcm for 1 bed flats to £2,050 pcm for 5 bed houses.
The gross rental yield is between 4.8% and 7.7%.
The average value per square foot is £253.
The last sale on Marine Drive sold for £325,000 on 25th November 2022. Since then prices are up an average of 62.5%.
The current average value in the street is £225,030.
The Marine Drive Sales Market has increased by 32.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -4.1% | £225,030 |
| May 2025 | -0.5% | £234,711 |
| May 2024 | -4.5% | £235,839 |
| May 2023 | -0.7% | £246,896 |
| May 2022 | 14.4% | £248,662 |
| May 2021 | 10.2% | £217,398 |
| May 2020 | 1.8% | £197,270 |
| May 2019 | -0.2% | £193,824 |
| May 2018 | 7% | £194,280 |
| May 2017 | 7% | £181,569 |
| May 2016 | 12.1% | £169,709 |
| May 2015 | 8.9% | £151,352 |
| May 2014 | 7% | £139,007 |
| May 2013 | 0.5% | £129,960 |
| May 2012 | -1.1% | £129,315 |
| May 2011 | -3.6% | £130,707 |
| May 2010 | 2.9% | £135,562 |
| May 2009 | -14.5% | £131,710 |
| May 2008 | -1.1% | £153,997 |
| May 2007 | 0% | £155,654 |
The current average rental value in the street is £1,092.
The Marine Drive Rental Market has increased by 57.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.4% | £1,092pcm |
| May 2025 | 1.2% | £1,077pcm |
| May 2024 | 5% | £1,065pcm |
| May 2023 | 7.9% | £1,014pcm |
| May 2022 | 13.6% | £940pcm |
| May 2021 | 4.9% | £827pcm |
| May 2020 | 3.4% | £789pcm |
| May 2019 | 3.9% | £763pcm |
| May 2018 | 3.3% | £734pcm |
| May 2017 | 2.7% | £711pcm |
| May 2016 | 5.3% | £692pcm |
| May 2015 | 5.4% | £657pcm |
| May 2014 | 2.9% | £623pcm |
| May 2013 | -1.3% | £606pcm |
| May 2012 | 1.4% | £614pcm |
| May 2011 | 2.2% | £606pcm |
| May 2010 | 3.3% | £592pcm |
| May 2009 | -8.2% | £574pcm |
| May 2008 | 4.4% | £625pcm |
| May 2007 | 0% | £598pcm |
The last sale was on 25th November 2022 for £325,000 and since then the market in the area has increased by 62.5%. The street has had a total of 13 sales since 1995.
Marine Drive, Margate, CT9 has seen no sales in the last three years and no sales in the last twelve months.
Marine Drive, Margate, CT9 is the 309th largest and the 95th most expensive street in the CT9 area.
There are 2 postcodes on Marine Drive, Margate, CT9.
The closest station to Marine Drive, Margate, CT9 is Margate station which is 700 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Marine Drive, Margate, CT9, 67.3% of property is privately rented and 23.4% 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 Marine Drive, Margate, CT9, 21.5% of residents are recorded as possessing school level qualifications and 30.0% 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 Marine Drive, Margate, CT9, 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 Marine Drive, Margate, CT9, 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 Marine Drive, Margate, CT9, there are an average of 0.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.