3, Alkham Close
3, Alkham Close
Description & Estimates
Public records show 3, Alkham Close, Margate to be a modern freehold house with 1,291 ft2 of internal area, sitting on a 245 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
3, Alkham Close, Margate has an estimated sale value of £341,817 and an estimated rental value of £1,592 per month, assuming reasonable condition and based on the information available.
Alkham Close, Cliftonville, Margate, CT9 lies in the borough of Thanet, within the CT9 postal district.
Our Data Sources
3, Alkham Close, Margate has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 3, Alkham Close, Margate would be worth £358,908, with a potential rental value of £1,672 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £317,890, with a rental value of £1,481 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 3, Alkham Close, Margate has decreased by £13,027 (3.8%) over the last year. During the same period, its estimated monthly rental value has grown by £25 (1.5%). The property's estimated gross yield is currently 5.6%.
Plot Size
3, Alkham Close, Margate occupies a 245 m2 plot as recorded by HM Land Registry.
Of the 15 other houses in this postcode, 13 have recorded plot sizes, and this one ranks as the 8th largest.
Energy Efficiency
3, Alkham Close, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Aug 2022.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Alkham Close, Margate last changed hands on 9th December 2022, selling for £375,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 22.8% since December 2022.
- Sold Dec 2022£375,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 600 metres of 3, Alkham Close, Margate across the last 2 years.
Most recently, 43, Staplehurst Gardens, Margate, CT9 3JD, a freehold house, sold at £442,500 on the 31st August 2023.
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 3, Alkham Close, Margate as the 3rd largest and the 5th most expensive of the 22 addresses on Alkham Close, Cliftonville, Margate, CT9.
Against the CT9 postcode district average, it is £75k more expensive than the typical property.
More reading links
Schools Nearby
- 800mPalm Bay Primary School
- 1.5kmNorthdown Primary School
- 1.6kmCliftonville Primary School
- 2.8kmThe Charles Dickens School
- 2.8kmDane Court Grammar School
- 4.2kmHartsdown Academy
More reading links
Public Transport Nearby
Broadstairs station is the nearest stop to 3, Alkham Close, Margate at 2.8 kilometres away.
- 2.8kmBroadstairs
- 3.9kmMargate
- 4.4kmDumpton Park
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.
