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According to the public record, 2, Albert Terrace, Margate is a period house with 1,948 ft2 of internal area and sits on a 95.9 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Albert Terrace, Margate is £388,956 and the estimated rental value is £1,932 per month.
Albert Terrace, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
2, Albert Terrace, Margate has no records in the the Land Registry and a single entry in the EPC database dated April 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 2, Albert Terrace, Margate is in very good condition we estimate a sale value of £408,404 and a rental value of £2,028 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £361,729 and a rental value of £1,797 per month.
Over the last 12 months the sale value of 2 Albert Terrace Margate has decreased by an estimated £22,174 (5.7%) and its rental value has increased by an estimated £28 per month (1.5%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 2, Albert Terrace, Margate sits on a plot of 96m2.
We have plot size data on 2 out of 3 other houses in the postcode and 2, Albert Terrace, Margate sits on the 4th largest plot.
2, Albert Terrace, Margate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Apr 2022.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Albert Terrace, Margate within a radius of 450 metres over the last 2 years.
The most recent example is 10, Eaton Road, Margate, CT9 1XE, a freehold house which sold for £400,000 on the 6th November 2023.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Terrace, Margate, CT9 has a total of 38 addresses. According to our analysis of all the public data, 2, Albert Terrace, Margate is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £123k more expensive than the average property in CT9.
The closest station to 2, Albert Terrace, Margate is Margate station which is 600 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 2, Albert Terrace, Margate, 76.3% of property is privately rented and 19.4% 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 2, Albert Terrace, Margate, 17.3% of residents are recorded as possessing school level qualifications and 35.3% 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 2, Albert Terrace, Margate, 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 2, Albert Terrace, Margate, 1.7% 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 2, Albert Terrace, Margate, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.