11, Kings Mews
11, Kings Mews
Description & Estimates
11, Kings Mews, Margate is recorded publicly as a modern leasehold apartment across 969 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 11, Kings Mews, Margate is £232,818 and its rental estimate is £989 per month, given the available information and assuming reasonable condition.
Kings Mews, Margate, CT9 falls within the CT9 postal district, in the borough of Thanet.
Our Data Sources
11, Kings Mews, Margate has 2 entries in the Land Registry , most recently in November 2014 and a single entry in the EPC database dated November 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 11, Kings Mews, Margate, we estimate a market value of £244,459 and a rental value of £1,038 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £216,521 and £920 per month respectively.
Recent Market Change
Over the last year, 11, Kings Mews, Margate has seen its estimated sale value move down by £12,331 (5.3%) and its estimated rental value decrease by £1 per month (0.1%). This results in an estimated gross rental yield of 5.1%.
Energy Efficiency
11, Kings Mews, Margate has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Nov 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 11, Kings Mews, Margate completed on 3rd November 2014 at £121,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 30.5% over the period since November 2014.
- Sold Nov 2014£121,000
- Sold Sep 2007£149,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 11, Kings Mews, Margate have sold within a radius of 340 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st November 2024, was Flat 7, 2, Union Crescent, Margate, CT9 1NR, a leasehold flat which sold for £310,000.
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
Of the 29 addresses on Kings Mews, Margate, CT9, 11, Kings Mews, Margate comes out as the 6th largest and the 19th most expensive in our analysis of the public data.
It is also £34k less expensive than the average property across the CT9 district.
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Schools Nearby
- 400mMargate, Holy Trinity and St John's Church of England Primary School
- 1.2kmSalmestone Primary School
- 1.3kmDrapers Mills Primary Academy
- 1.5kmHartsdown Academy
- 3.9kmDane Court Grammar School
- 4.1kmThe Charles Dickens School
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Public Transport Nearby
From 11, Kings Mews, Margate, the nearest station is Margate, 1.0 kilometres away.
- 1.0kmMargate
- 3.4kmWestgate-on-Sea
- 4.6kmBroadstairs
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
