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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, 27, Northdown Way, Margate is a period freehold house with 1,905 ft2 of internal area and sits on a 605 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 27, Northdown Way, Margate is £558,079 and the estimated rental value is £2,013 per month.
Northdown Way, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
27, Northdown Way, Margate has 21 entries in the Land Registry , most recently in March 2020 and a single entry in the EPC database dated July 2018.
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.
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 27, Northdown Way, Margate is in very good condition we estimate a sale value of £585,983 and a rental value of £2,113 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £519,013 and a rental value of £1,872 per month.
Over the last 12 months the sale value of 27 Northdown Way Margate has decreased by an estimated £31,816 (5.7%) and its rental value has increased by an estimated £30 per month (1.5%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 27, Northdown Way, Margate sits on a plot of 605m2.
We have plot size data on 22 out of 22 other houses in the postcode and 27, Northdown Way, Margate sits on the 6th largest plot.
27, Northdown Way, Margate has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Jul 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 27, Northdown Way, Margate was last sold on 6th March 2020 for £495,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2020, the market for similar properties has dropped 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Northdown Way, Margate within a radius of 560 metres over the last 2 years.
The most recent example is 37, Holly Lane, Margate, CT9 3ND, a freehold house which sold for £316,000 on the 4th May 2018.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Northdown Way, Margate, CT9 has a total of 42 addresses. According to our analysis of all the public data, 27, Northdown Way, Margate is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £292k more expensive than the average property in CT9.
The closest station to 27, Northdown Way, Margate is Broadstairs station which is 2.7 kilometres 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 27, Northdown Way, Margate, 59.3% of property is privately owned outright and 30.4% 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 27, Northdown Way, Margate, 13.3% of residents are recorded as possessing school level qualifications and 29.0% 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 27, Northdown Way, Margate, the average age was 38.8 and the most common age was 7.
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 27, Northdown Way, Margate, 1.3% 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 27, Northdown Way, Margate, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
