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According to the public record, 4, Drapers Close, Margate is a freehold house.
The data available in the surrounding area is limited but based on Sales and Lets nearby, it is likely that the sale value lies somewhere between £180k and £263k and the monthly rental value between £1k and £1.3k pcm.
Drapers Close, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
4, Drapers Close, Margate has a single entry in the Land Registry from February 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 0 out of 5 and is considered of low accuracy.
There is limited information for 4 Drapers Close Margate so we cannot provide any value estimates.
Please update the property information so that when future pricing information becomes available we can generate price estimates.
However, over the last 12 months properties in the area have seen their sale values decrease by 4.5% and their rental values increase by 1.8%.
According to data from HM Land Registry, 4, Drapers Close, Margate sits on a plot of 320m2.
We have plot size data on 12 out of 12 other houses in the postcode and 4, Drapers Close, Margate sits on the 4th largest plot.
According to HM Land Registry, 4, Drapers Close, Margate was last sold on 8th February 2008 for £155,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2008, the market for similar properties has risen 68.7%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 690 metres radius of 4, Drapers Close, Margate over the last 2 years.
The most recent example is 3, Drapers Close, Margate, CT9 4AH, a freehold house which sold for £275,000 on the 23rd June 2023.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The closest station to 4, Drapers Close, Margate is Margate station which is 1.8 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 4, Drapers Close, Margate, 47.2% of property is privately rented and 30.2% is socially rented.
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 4, Drapers Close, Margate, 18.3% of residents are recorded as possessing school level qualifications and 49.0% 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 4, Drapers Close, Margate, the average age was 39.2 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 4, Drapers Close, 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 4, Drapers Close, Margate, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.