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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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228, Canterbury Road, Margate is recorded publicly as a mid-century freehold house across 1,227 ft2 of internal area, sitting on a 1,094 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 228, Canterbury Road, Margate is £391,617 and its rental estimate is £1,579 per month, given the available information and assuming reasonable condition.
Canterbury Road, Margate, CT9 falls within the CT9 postal district, in the borough of Thanet.
228, Canterbury Road, Margate has 21 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated April 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 228, Canterbury Road, Margate, we estimate a market value of £411,198 and a rental value of £1,658 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £364,204 and £1,468 per month respectively.
Over the last year, 228, Canterbury Road, Margate has seen its estimated sale value decline by £14,925 (3.8%) and its estimated rental value climb by £24 per month (1.5%). This results in an estimated gross rental yield of 4.8%.
HM Land Registry records the plot of land for 228, Canterbury Road, Margate as measuring 1,094 m2.
That makes it the largest plot in the postcode, where all 18 other houses have recorded plot data.
228, Canterbury Road, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Apr 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 228, Canterbury Road, Margate completed on 4th June 2021 at £400,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 13.1% over the period since June 2021.
Over the past 2 years 3 properties similar to 228, Canterbury Road, Margate have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd September 2021, was 311, Canterbury Road, Margate, CT9 5JA, a freehold house which sold for £375,000.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 475 addresses on Canterbury Road, Margate, CT9, 228, Canterbury Road, Margate comes out as the 101st largest and the 68th most expensive in our analysis of the public data.
It is also £125k more expensive than the average property across the CT9 district.
From 228, Canterbury Road, Margate, the nearest station is Westgate-on-Sea, 700 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 228, Canterbury Road, Margate, 47.6% of property is privately owned with a mortgage and 42.7% 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 228, Canterbury Road, Margate, 13.8% 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 228, Canterbury 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 228, Canterbury Road, 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 228, Canterbury 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.
