24, Kings Mews
24, Kings Mews
Description & Estimates
Public records show 24, Kings Mews, Margate to be a modern leasehold apartment with 484 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
24, Kings Mews, Margate has an estimated sale value of £163,027 and an estimated rental value of £837 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
24, Kings Mews, Margate has a single entry in the Land Registry from November 2007 and a single entry in the EPC database dated November 2021.
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 24, Kings Mews, Margate would be worth £171,178, with a potential rental value of £879 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £151,615, with a rental value of £779 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 24, Kings Mews, Margate has moved down by £6,601 (4.0%) over the last year. During the same period, its estimated monthly rental value has increased by £16 (1.9%). The property's estimated gross yield is currently 6.2%.
Energy Efficiency
24, Kings Mews, Margate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
24, Kings Mews, Margate last changed hands on 2nd November 2007, selling for £120,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 46.8% since November 2007.
- Sold Nov 2007£120,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 330 metres of 24, 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 24, Kings Mews, Margate as the 28th largest and the 28th most expensive of the 29 addresses on Kings Mews, Margate, CT9.
Against the CT9 postcode district average, it is £104k 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 24, 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.
