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According to the public record, 2, Park Place, Margate is a period freehold house with 559 ft2 of internal area and sits on a 54.1 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Park Place, Margate is £171,982 and the estimated rental value is £991 per month.
Park Place, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
2, Park Place, Margate has a single entry in the Land Registry from May 2016 and a single entry in the EPC database dated December 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Park Place, Margate is in very good condition we estimate a sale value of £180,581 and a rental value of £1,040 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £159,943 and a rental value of £921 per month.
Over the last 12 months the sale value of 2 Park Place Margate has decreased by an estimated £7,975 (4.6%) and its rental value has increased by an estimated £16 per month (1.6%), giving an expected gross yield of 6.9%.
According to data from HM Land Registry, 2, Park Place, Margate sits on a plot of 54m2.
We have plot size data on 29 out of 38 other houses in the postcode and 2, Park Place, Margate sits on the 28th largest plot.
2, Park Place, Margate has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 16 Dec 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, mains gas.
According to HM Land Registry, 2, Park Place, Margate was last sold on 11th May 2016 for £105,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2016, the market for similar properties has risen 57.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Park Place, Margate within a radius of 400 metres over the last 2 years.
The most recent example is 53, Milton Avenue, Margate, CT9 1TS, a freehold house which sold for £180,000 on the 16th January 2026.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Place, Margate, CT9 has a total of 39 addresses. According to our analysis of all the public data, 2, Park Place, Margate is the 36th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £94k less expensive than the average property in CT9.
The closest station to 2, Park Place, Margate is Margate station which is 700 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, Park Place, Margate, 65.3% of property is privately rented and 12.5% 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, Park Place, Margate, 20.7% of residents are recorded as possessing school level qualifications and 26.6% 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, Park Place, 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, Park Place, 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, Park Place, Margate, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.