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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, 23, Elmley Way, Margate is a mid-century freehold house with 699 ft2 of internal area and sits on a 292 m2 plot.
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 23, Elmley Way, Margate is £271,767 and the estimated rental value is £1,294 per month.
Elmley Way, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
23, Elmley Way, Margate has a single entry in the Land Registry from March 2019 and a single entry in the EPC database dated August 2018.
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.
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 23, Elmley Way, Margate is in very good condition we estimate a sale value of £285,355 and a rental value of £1,359 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,743 and a rental value of £1,203 per month.
Over the last 12 months the sale value of 23 Elmley Way Margate has decreased by an estimated £9,851 (3.6%) and its rental value has increased by an estimated £24 per month (1.8%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 23, Elmley Way, Margate sits on a plot of 292m2.
We have plot size data on 25 out of 25 other houses in the postcode and 23, Elmley Way, Margate sits on the 20th largest plot.
23, Elmley Way, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Aug 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 23, Elmley Way, Margate was last sold on 8th March 2019 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2019, the market for similar properties has risen 15.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Elmley Way, Margate within a radius of 890 metres over the last 2 years.
The most recent example is 3, Farley Road, Margate, CT9 4EP, a freehold house which sold for £230,000 on the 24th July 2024.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elmley Way, Margate, CT9 has a total of 57 addresses. According to our analysis of all the public data, 23, Elmley Way, Margate is the 53rd largest and the 50th most expensive property on the street.
When compared to the postcode district it is £5k more expensive than the average property in CT9.
The closest station to 23, Elmley Way, Margate is Margate station which is 2.1 kilometres 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 23, Elmley Way, Margate, 41.2% of property is privately owned outright and 33.1% is privately owned with a mortgage.
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 23, Elmley Way, Margate, 20.4% of residents are recorded as possessing school level qualifications and 20.4% 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 23, Elmley Way, Margate, the average age was 39.2 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 23, Elmley Way, Margate, 2.0% 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 23, Elmley Way, Margate, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
