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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, 24, Princes Crescent, Margate is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 585 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 24, Princes Crescent, Margate is £164,993 and the estimated rental value is £868 per month.
Princes Crescent, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
24, Princes Crescent, Margate has 3 entries in the Land Registry , most recently in August 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 24, Princes Crescent, Margate is in very good condition we estimate a sale value of £173,243 and a rental value of £912 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,444 and a rental value of £807 per month.
Over the last 12 months the sale value of 24 Princes Crescent Margate has decreased by an estimated £7,782 (4.7%) and its rental value has increased by an estimated £14 per month (1.6%), giving an expected gross yield of 6.3%.
According to HM Land Registry, 24, Princes Crescent, Margate was last sold on 8th August 2008 for £78,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2008, the market for similar properties has risen 123.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Princes Crescent, Margate within a radius of 380 metres over the last 2 years.
The most recent example is Flat 2, 176A, High Street, Margate, CT9 1LA, a leasehold flat which sold for £150,000 on the 7th December 2023.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Princes Crescent, Margate, CT9 has a total of 34 addresses. According to our analysis of all the public data, 24, Princes Crescent, Margate is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in CT9.
The closest station to 24, Princes Crescent, Margate is Margate station which is 900 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 24, Princes Crescent, Margate, 56.4% of property is privately rented and 21.8% 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 24, Princes Crescent, Margate, 21.1% of residents are recorded as possessing school level qualifications and 28.1% 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 24, Princes Crescent, Margate, the average age was 37.2 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 24, Princes Crescent, 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 24, Princes Crescent, Margate, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
