1, Richmond Avenue
1, Richmond Avenue
Description & Estimates
According to the public record, 1, Richmond Avenue, Margate is a period freehold house with 1,367 ft2 of internal area and sits on a 212 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Richmond Avenue, Margate is £368,160 and the estimated rental value is £1,621 per month.
Richmond Avenue, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Our Data Sources
1, Richmond Avenue, Margate has 31 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Richmond Avenue, Margate is in very good condition we estimate a sale value of £386,568 and a rental value of £1,702 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £342,388 and a rental value of £1,507 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Richmond Avenue, Margate has moved down by £14,031 (3.8%), while its estimated rental value has increased by £25 per month (1.5%). Based on current estimates, the property offers a gross rental yield of 5.3%.
Plot Size
According to data from HM Land Registry, 1, Richmond Avenue, Margate sits on a plot of 212 m2.
We have plot size data on 25 out of 25 other houses in the postcode and 1, Richmond Avenue, Margate sits on the 13th largest plot.
Energy Efficiency
1, Richmond Avenue, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 1, Richmond Avenue, Margate was last sold on 20th October 2023 for £420,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2023, the market for similar properties has dropped by 3.8%.
- Sold Oct 2023£420,000
- Sold Nov 2012£193,250
- Sold Jul 1996£59,750
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Richmond Avenue, Margate within a radius of 430 metres over the last 2 years.
The most recent example is 19, Windsor Avenue, Margate, CT9 2NE, a freehold house which sold for £415,000 on the 10th April 2025.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Richmond Avenue, Margate, CT9 has a total of 35 addresses. According to our analysis of all the public data, 1, Richmond Avenue, Margate is the 7th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £101k more expensive than the average property in CT9.
More reading links
Schools Nearby
- 400mCliftonville Primary School
- 600mNorthdown Primary School
- 700mDrapers Mills Primary Academy
- 2.2kmHartsdown Academy
- 2.8kmDane Court Grammar School
- 2.9kmThe Charles Dickens School
More reading links
Public Transport Nearby
The closest station to 1, Richmond Avenue, Margate is Margate station, which is 2.0 kilometres away.
- 2.0kmMargate
- 3.4kmBroadstairs
- 4.3kmWestgate-on-Sea
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
