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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, 32, Cepheus Way, Margate is a modern apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 32, Cepheus Way, Margate is £76,489 and the estimated rental value is £505 per month.
Cepheus Way, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
32, Cepheus Way, Margate has no records in the the Land Registry and a single entry in the EPC database dated February 2024.
We combine this information with public data 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.
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 32, Cepheus Way, Margate is in very good condition we estimate a sale value of £80,313 and a rental value of £530 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £71,135 and a rental value of £470 per month.
Over the last 12 months the sale value of 32 Cepheus Way Margate has decreased by an estimated £3,489 (4.6%) and its rental value has increased by an estimated £9 per month (1.8%), giving an expected gross yield of 7.9%.
32, Cepheus Way, Margate has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Feb 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Cepheus Way, Margate within a radius of 1.3 kilometres over the last 2 years.
The most recent example is Flat 6, 2, Bayer Street, Margate, CT9 4GN, a leasehold flat which sold for £75,250 on the 28th July 2023.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cepheus Way, Margate, CT9 has a total of 97 addresses. According to our analysis of all the public data, 32, Cepheus Way, Margate is the 96th largest and the 96th most expensive property on the street.
When compared to the postcode district it is £190k less expensive than the average property in CT9.
The closest station to 32, Cepheus Way, Margate is Margate station which is 2.7 kilometres away.
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 32, Cepheus Way, Margate, % of property is and % is .
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 32, Cepheus Way, Margate, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 32, Cepheus Way, Margate, 0.0% 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 32, Cepheus Way, Margate, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
