23, Kings Mews
23, Kings Mews
Description & Estimates
Public records show 23, Kings Mews, Margate to be a modern leasehold apartment with 505 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
23, Kings Mews, Margate has an estimated sale value of £166,542 and an estimated rental value of £848 per month, assuming reasonable condition and based on the information available.
Kings Mews, Margate, CT9 lies in the borough of Thanet, within the CT9 postal district.
Our Data Sources
23, Kings Mews, Margate has 2 entries in the Land Registry , most recently in December 2008 and a single entry in the EPC database dated November 2020.
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.
Price Range & Condition
In very good condition, we estimate 23, Kings Mews, Margate would be worth £174,869, with a potential rental value of £890 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £154,884, with a rental value of £789 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 23, Kings Mews, Margate has fallen by £6,743 (4.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £16 (1.9%). The property's estimated gross yield is currently 6.1%.
Energy Efficiency
23, Kings Mews, Margate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Nov 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
23, Kings Mews, Margate last changed hands on 12th December 2008, selling for £105,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 69.5% since December 2008.
- Sold Dec 2008£105,000
- Sold Nov 2007£119,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 330 metres of 23, Kings Mews, Margate across the last 2 years.
Most recently, 26, Kings Mews, Margate, CT9 1AE, a leasehold flat, sold at £185,000 on the 29th July 2022.
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
Our analysis of the public data ranks 23, Kings Mews, Margate as the 25th largest and the 25th most expensive of the 29 addresses on Kings Mews, Margate, CT9.
Against the CT9 postcode district average, it is £100k less expensive than the typical property.
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Schools Nearby
- 400mMargate, Holy Trinity and St John's Church of England Primary School
- 1.2kmSalmestone Primary School
- 1.3kmDrapers Mills Primary Academy
- 1.5kmHartsdown Academy
- 3.9kmDane Court Grammar School
- 4.1kmThe Charles Dickens School
More reading links
Public Transport Nearby
Margate station is the nearest stop to 23, Kings Mews, Margate at 1.0 kilometres away.
- 1.0kmMargate
- 3.4kmWestgate-on-Sea
- 4.6kmBroadstairs
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
