36, Virgo Lane
36, Virgo Lane
Description & Estimates
According to the public record, 36, Virgo Lane, Margate is a modern house with 1,011 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 36, Virgo Lane, Margate is £328,537 and the estimated rental value is £1,518 per month.
Virgo Lane, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Our Data Sources
36, Virgo Lane, Margate has no records in the the Land Registry and a single entry in the EPC database dated January 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 36, Virgo Lane, Margate is in very good condition we estimate a sale value of £344,963 and a rental value of £1,594 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £305,539 and a rental value of £1,411 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 36, Virgo Lane, Margate has moved down by £11,908 (3.6%), while its estimated rental value has increased by £28 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 5.5%.
Energy Efficiency
36, Virgo Lane, Margate has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Jan 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36, Virgo Lane, Margate within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 1, Aquarius Road, Margate, CT9 4GX, a freehold house which sold for £1,417,590 on the 23rd February 2024.
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
Virgo Lane, Margate, CT9 has a total of 30 addresses. According to our analysis of all the public data, 36, Virgo Lane, Margate is the 10th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £62k more expensive than the average property in CT9.
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Schools Nearby
- 1.4kmSt Gregory's Catholic Primary School, Margate
- 1.6kmSalmestone Primary School
- 1.8kmDrapers Mills Primary Academy
- 2.0kmHartsdown Academy
- 2.4kmDane Court Grammar School
- 2.5kmThe Royal Harbour Academy
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Public Transport Nearby
The closest station to 36, Virgo Lane, Margate is Margate station, which is 2.5 kilometres away.
- 2.5kmMargate
- 3.0kmRamsgate
- 3.4kmBroadstairs
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
