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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, Sea Bathing Terrace, Margate is a modern leasehold house with 861 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Sea Bathing Terrace, Margate is £573,947 and the estimated rental value is £2,325 per month.
Sea Bathing Terrace, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
2, Sea Bathing Terrace, Margate has a single entry in the Land Registry from June 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 2 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, Sea Bathing Terrace, Margate is in very good condition we estimate a sale value of £602,645 and a rental value of £2,441 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £533,771 and a rental value of £2,162 per month.
Over the last 12 months the sale value of 2 Sea Bathing Terrace Margate has decreased by an estimated £20,804 (3.6%) and its rental value has increased by an estimated £43 per month (1.8%), giving an expected gross yield of 4.9%.
2, Sea Bathing Terrace, Margate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Dec 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, 2, Sea Bathing Terrace, Margate was last sold on 22nd June 2016 for £420,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since June 2016, the market for similar properties has risen 18.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Sea Bathing Terrace, Margate within a radius of 660 metres over the last 2 years.
The most recent example is 3, Sea Bathing Terrace, Margate, CT9 5BQ, a leasehold house which sold for £515,000 on the 1st April 2020.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sea Bathing Terrace, Margate, CT9 has a total of 11 addresses. According to our analysis of all the public data, 2, Sea Bathing Terrace, Margate is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £307k more expensive than the average property in CT9.
The closest station to 2, Sea Bathing Terrace, Margate is Margate station which is 400 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, Sea Bathing Terrace, Margate, % of property is and % is .
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, Sea Bathing Terrace, Margate, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Sea Bathing Terrace, 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, Sea Bathing Terrace, Margate, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
