253, Canterbury Road
253, Canterbury Road
Description & Estimates
253, Canterbury Road, Margate is recorded publicly as a period freehold house across 1,808 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 253, Canterbury Road, Margate is £409,037 and its rental estimate is £1,919 per month, given the available information and assuming reasonable condition.
Canterbury Road, Margate, CT9 falls within the CT9 postal district, in the borough of Thanet.
Our Data Sources
253, Canterbury Road, Margate has 31 entries in the Land Registry , most recently in March 2016 and a single entry in the EPC database dated May 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 253, Canterbury Road, Margate, we estimate a market value of £429,488 and a rental value of £2,015 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £380,404 and £1,785 per month respectively.
Recent Market Change
Over the last year, 253, Canterbury Road, Margate has seen its estimated sale value move down by £19,869 (4.9%) and its estimated rental value increase by £21 per month (1.1%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
253, Canterbury Road, Margate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 May 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
The most recent sale of 253, Canterbury Road, Margate completed on 22nd March 2016 at £255,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 47.5% over the period since March 2016.
- Sold Mar 2016£255,000
- Sold Oct 2003£162,000
- Sold Nov 1997£62,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 253, Canterbury Road, Margate have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th September 2024, was 214, Canterbury Road, Margate, CT9 5JU, a freehold house which sold for £407,500.
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
Of the 475 addresses on Canterbury Road, Margate, CT9, 253, Canterbury Road, Margate comes out as the 39th largest and the 55th most expensive in our analysis of the public data.
It is also £142k more expensive than the average property across the CT9 district.
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Schools Nearby
- 700mGarlinge Primary School and Nursery
- 1.1kmSt Crispin's Infant School
- 1.3kmSt Saviour's Church of England Junior School
- 1.2kmHartsdown Academy
- 1.7kmUrsuline College
- 2.1kmKing Ethelbert School
More reading links
Public Transport Nearby
From 253, Canterbury Road, Margate, the nearest station is Westgate-on-Sea, 900 metres away.
- 900mWestgate-on-Sea
- 1.6kmMargate
- 3.5kmBirchington-on-Sea
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
