25, New Street
25, New Street
Description & Estimates
The public record describes 25, New Street, Margate as a period house with 731 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
25, New Street, Margate has an estimated sale value of £220,901 and an estimated rental value of £1,255 per month, assuming reasonable condition and based on the information available.
New Street, Margate, CT9 lies in the borough of Thanet, within the CT9 postal district.
Our Data Sources
25, New Street, Margate has no records in the the Land Registry and a single entry in the EPC database dated May 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 25, New Street, Margate would be worth £231,946, with a potential rental value of £1,318 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £205,438, with a rental value of £1,167 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 25, New Street, Margate has moved down by £8,007 (3.6%) over the last year. During the same period, its estimated monthly rental value has increased by £23 (1.8%). The property's estimated gross yield is currently 6.8%.
Energy Efficiency
25, New Street, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 May 2019.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 440 metres of 25, New Street, Margate across the last 2 years.
Most recently, 51, Grosvenor Place, Margate, CT9 1UX, a freehold house, sold at £375,000 on the 14th December 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 25, New Street, Margate as the 13th largest and the 13th most expensive of the 23 addresses on New Street, Margate, CT9.
Against the CT9 postcode district average, it is £46k less expensive than the typical property.
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Schools Nearby
- 400mMargate, Holy Trinity and St John's Church of England Primary School
- 1.1kmSalmestone Primary School
- 1.3kmDrapers Mills Primary Academy
- 1.3kmHartsdown Academy
- 3.9kmUrsuline College
- 4.0kmDane Court Grammar School
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Public Transport Nearby
Margate station is the nearest stop to 25, New Street, Margate at 700 metres away.
- 700mMargate
- 3.1kmWestgate-on-Sea
- 4.8kmBroadstairs
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.
