11, Springfield Road
11, Springfield Road
Description & Estimates
11, Springfield Road, Margate is recorded publicly as a modern freehold house across 1,702 ft2 of internal area, sitting on a 694 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 11, Springfield Road, Margate is £497,733 and its rental estimate is £1,938 per month, given the available information and assuming reasonable condition.
Springfield Road, Cliftonville, Margate, CT9 falls within the CT9 postal district, in the borough of Thanet.
Our Data Sources
11, Springfield Road, Margate has 31 entries in the Land Registry , most recently in March 2014 and a single entry in the EPC database dated December 2011.
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
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, Springfield Road, Margate, we estimate a market value of £522,619 and a rental value of £2,035 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £462,891 and £1,802 per month respectively.
Recent Market Change
Over the last year, 11, Springfield Road, Margate has seen its estimated sale value decline by £24,177 (4.9%) and its estimated rental value climb by £22 per month (1.1%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 11, Springfield Road, Margate as measuring 694 m2.
That makes it the largest plot in the postcode, where all 23 other houses have recorded plot data.
Energy Efficiency
11, Springfield Road, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Dec 2011.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 11, Springfield Road, Margate completed on 10th March 2014 at £286,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 25.8% over the period since March 2014.
- Sold Mar 2014£286,000
- Sold May 1999£91,000
- Sold Jul 1995£75,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 11, Springfield Road, Margate have sold within a radius of 800 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th July 2024, was 42, Princess Margaret Avenue, Margate, CT9 3DZ, a freehold house which sold for £550,000.
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 44 addresses on Springfield Road, Cliftonville, Margate, CT9, 11, Springfield Road, Margate comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £231k more expensive than the average property across the CT9 district.
More reading links
Schools Nearby
- 200mPalm Bay Primary School
- 1.2kmCliftonville Primary School
- 1.4kmNorthdown Primary School
- 3.2kmDane Court Grammar School
- 3.2kmThe Charles Dickens School
- 3.8kmHartsdown Academy
More reading links
Public Transport Nearby
From 11, Springfield Road, Margate, the nearest station is Broadstairs, 3.3 kilometres away.
- 3.3kmBroadstairs
- 3.5kmMargate
- 4.9kmDumpton Park
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
