2, Hanover Close
2, Hanover Close
Description & Estimates
2, Hanover Close, Margate is described in the public record as a mid-century house with 462 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 2, Hanover Close, Margate is £343,200 and its rental estimate is £1,423 per month, given the available information and assuming reasonable condition.
Hanover Close, Cliftonville, Margate, CT9 falls within the CT9 postal district, in the borough of Thanet.
Our Data Sources
2, Hanover Close, Margate has no records in the the Land Registry and a single entry in the EPC database dated August 2023.
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.
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 2, Hanover Close, Margate, we estimate a market value of £360,360 and a rental value of £1,494 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £319,176 and £1,323 per month respectively.
Recent Market Change
Over the last year, 2, Hanover Close, Margate has seen its estimated sale value decrease by £12,836 (3.7%) and its estimated rental value grow by £26 per month (1.8%). This results in an estimated gross rental yield of 5.0%.
Energy Efficiency
2, Hanover Close, Margate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 2, Hanover Close, Margate has sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st September 2007, was 2, Pluckley Gardens, Margate, CT9 3EP, a freehold house which sold for £208,000.
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 18 addresses on Hanover Close, Cliftonville, Margate, CT9, 2, Hanover Close, Margate comes out as the largest and the most expensive in our analysis of the public data.
It is also £76k more expensive than the average property across the CT9 district.
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Schools Nearby
- 400mPalm Bay Primary School
- 1.2kmCliftonville Primary School
- 1.3kmNorthdown Primary School
- 2.9kmThe Charles Dickens School
- 2.9kmDane Court Grammar School
- 3.8kmHartsdown Academy
More reading links
Public Transport Nearby
From 2, Hanover Close, Margate, the nearest station is Broadstairs, 3.0 kilometres away.
- 3.0kmBroadstairs
- 3.5kmMargate
- 4.6kmDumpton Park
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.
