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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, Glebe Road, Margate is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 741 ft2 of internal area 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, Glebe Road, Margate is £212,008 and the estimated rental value is £1,204 per month.
Glebe Road, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
2, Glebe Road, Margate has a single entry in the Land Registry from June 2012 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 5 out of 5 and is considered of high 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, Glebe Road, Margate is in very good condition we estimate a sale value of £222,609 and a rental value of £1,265 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,168 and a rental value of £1,120 per month.
Over the last 12 months the sale value of 2 Glebe Road Margate has decreased by an estimated £9,478 (4.5%) and its rental value has increased by an estimated £22 per month (1.8%), giving an expected gross yield of 6.8%.
According to HM Land Registry, 2, Glebe Road, Margate was last sold on 8th June 2012 for £95,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2012, the market for similar properties has risen 87.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Glebe Road, Margate within a radius of 640 metres over the last 2 years.
The most recent example is 10, Glebe Road, Margate, CT9 5PR, a freehold house which sold for £225,000 on the 28th March 2024.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Glebe Road, Margate, CT9 has a total of 34 addresses. According to our analysis of all the public data, 2, Glebe Road, Margate is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £54k less expensive than the average property in CT9.
The closest station to 2, Glebe Road, Margate is Westgate-on-Sea station which is 1.3 kilometres away.
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.
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, Glebe Road, Margate, 37.1% of property is privately owned with a mortgage and 35.0% 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, Glebe Road, Margate, 22.0% of residents are recorded as possessing school level qualifications and 24.5% 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, Glebe Road, 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, Glebe Road, Margate, 0.3% 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, Glebe Road, 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.
