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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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3, Albert Terrace Mews, Margate is recorded publicly as a period leasehold apartment across 1,528 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Albert Terrace Mews, Margate is £108,839 and its rental estimate is £618 per month, given the available information and assuming reasonable condition.
Albert Terrace Mews, Margate, CT9 falls within the CT9 postal district, in the borough of Thanet.
3, Albert Terrace Mews, Margate has a single entry in the Land Registry from October 2014 and a single entry in the EPC database dated February 2015.
We combine this information with that 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.
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 3, Albert Terrace Mews, Margate, we estimate a market value of £114,281 and a rental value of £648 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £101,221 and £574 per month respectively.
Over the last year, 3, Albert Terrace Mews, Margate has seen its estimated sale value drop by £5,819 (5.3%) and its estimated rental value fall by £0 per month (0.0%). This results in an estimated gross rental yield of 6.8%.
3, Albert Terrace Mews, Margate has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 05 Feb 2015.
The property is not connected to mains gas and has single glazed windows. It is heated using No system present: electric heaters assumed.
The most recent sale of 3, Albert Terrace Mews, Margate completed on 6th October 2014 at £66,250 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 49.4% over the period since October 2014.
Over the past 2 years 3 properties have sold within 430 metres of 3, Albert Terrace Mews, Margate, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd August 2022, was Flat 4, 10, Albert Terrace, Margate, CT9 1UJ, a leasehold flat which sold for £325,000.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 1 addresses on Albert Terrace Mews, Margate, CT9, 3, Albert Terrace Mews, Margate comes out as the largest and the most expensive in our analysis of the public data.
It is also £158k less expensive than the average property across the CT9 district.
From 3, Albert Terrace Mews, Margate, the nearest station is Margate, 600 metres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Albert Terrace Mews, Margate, 76.3% of property is privately rented and 19.4% is privately owned outright.
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 3, Albert Terrace Mews, Margate, 17.3% of residents are recorded as possessing school level qualifications and 35.3% 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 3, Albert Terrace Mews, 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 3, Albert Terrace Mews, Margate, 1.7% 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 3, Albert Terrace Mews, Margate, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
