27, Kings Mews
27, Kings Mews
Description & Estimates
27, Kings Mews, Margate is recorded publicly as a modern leasehold apartment across 505 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 27, Kings Mews, Margate is £166,542 and its rental estimate is £848 per month, given the available information and assuming reasonable condition.
Kings Mews, Margate, CT9 falls within the CT9 postal district, in the borough of Thanet.
Our Data Sources
27, Kings Mews, Margate has a single entry in the Land Registry from November 2007 and a single entry in the EPC database dated July 2012.
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 27, Kings Mews, Margate, we estimate a market value of £174,869 and a rental value of £890 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £154,884 and £789 per month respectively.
Recent Market Change
Over the last year, 27, Kings Mews, Margate has seen its estimated sale value decline by £6,743 (4.0%) and its estimated rental value climb by £16 per month (1.9%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
27, Kings Mews, Margate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Jul 2012.
The property is not 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 27, Kings Mews, Margate completed on 2nd November 2007 at £120,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 46.8% over the period since November 2007.
- Sold Nov 2007£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 27, Kings Mews, Margate have sold within a radius of 330 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th July 2022, was 26, Kings Mews, Margate, CT9 1AE, a leasehold flat which sold for £185,000.
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 29 addresses on Kings Mews, Margate, CT9, 27, Kings Mews, Margate comes out as the 26th largest and the 26th most expensive in our analysis of the public data.
It is also £100k less expensive than the average property across the CT9 district.
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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
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Public Transport Nearby
From 27, Kings Mews, Margate, the nearest station is Margate, 1.0 kilometres away.
- 1.0kmMargate
- 3.4kmWestgate-on-Sea
- 4.6kmBroadstairs
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.
