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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Edinburgh Walk, Margate is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 651 ft2 of internal area and sits on a 129 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Edinburgh Walk, Margate is £195,644 and the estimated rental value is £1,135 per month.
Edinburgh Walk, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
2, Edinburgh Walk, Margate has 2 entries in the Land Registry , most recently in September 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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, Edinburgh Walk, Margate is in very good condition we estimate a sale value of £205,426 and a rental value of £1,192 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £181,949 and a rental value of £1,056 per month.
Over the last 12 months the sale value of 2 Edinburgh Walk Margate has decreased by an estimated £8,747 (4.5%) and its rental value has increased by an estimated £21 per month (1.8%), giving an expected gross yield of 7%.
According to data from HM Land Registry, 2, Edinburgh Walk, Margate sits on a plot of 129m2.
We have plot size data on 3 out of 3 other houses in the postcode and 2, Edinburgh Walk, Margate sits on the largest plot.
According to HM Land Registry, 2, Edinburgh Walk, Margate was last sold on 23rd September 2011 for £108,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2011, the market for similar properties has risen 89.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Edinburgh Walk, Margate within a radius of 590 metres over the last 2 years.
The most recent example is 4, Glebe Road, Margate, CT9 5PR, a freehold house which sold for £240,999 on the 25th November 2022.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Edinburgh Walk, Margate, CT9 has a total of 3 addresses. According to our analysis of all the public data, 2, Edinburgh Walk, Margate is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in CT9.
The closest station to 2, Edinburgh Walk, Margate is Margate station which is 1.3 kilometres away.
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, Edinburgh Walk, Margate, 41.2% of property is privately owned with a mortgage and 29.0% is privately 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 2, Edinburgh Walk, Margate, 23.6% of residents are recorded as possessing school level qualifications and 24.6% 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, Edinburgh Walk, Margate, the average age was 43.6 and the most common age was 52.
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, Edinburgh Walk, Margate, 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 2, Edinburgh Walk, Margate, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.
