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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, 40, Charing Crescent, Westgate-On-Sea is a mid-century leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Charing Crescent, Westgate-On-Sea is £114,213 and the estimated rental value is £740 per month.
Charing Crescent, Westgate-On-Sea, CT8 is located in the borough of Thanet within the CT8 postal district.
40, Charing Crescent, Westgate-On-Sea has a single entry in the Land Registry from September 2019 and a single entry in the EPC database dated September 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 40, Charing Crescent, Westgate-On-Sea is in very good condition we estimate a sale value of £119,924 and a rental value of £777 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £106,218 and a rental value of £688 per month.
Over the last 12 months the sale value of 40 Charing Crescent Westgate-On-Sea has decreased by an estimated £3,404 (3.0%) and its rental value has increased by an estimated £19 per month (2.6%), giving an expected gross yield of 7.8%.
40, Charing Crescent, Westgate-On-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Sep 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Charing Crescent, Westgate-On-Sea was last sold on 20th September 2019 for £100,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2019, the market for similar properties has risen 9.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Charing Crescent, Westgate-On-Sea within a radius of 740 metres over the last 2 years.
The most recent example is 38, Charing Crescent, Westgate-On-Sea, CT8 8HA, a leasehold flat which sold for £107,000 on the 22nd November 2024.
Read more about house prices in CT8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Charing Crescent, Westgate-On-Sea, CT8 has a total of 38 addresses. According to our analysis of all the public data, 40, Charing Crescent, Westgate-On-Sea is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £153k less expensive than the average property in CT8.
The closest station to 40, Charing Crescent, Westgate-On-Sea is Westgate-on-Sea station which is 800 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 40, Charing Crescent, Westgate-On-Sea, 35.4% of property is privately owned with a mortgage and 25.4% 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 40, Charing Crescent, Westgate-On-Sea, 18.3% of residents are recorded as possessing school level qualifications and 25.5% 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 40, Charing Crescent, Westgate-On-Sea, the average age was 45.5 and the most common age was 52.
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 40, Charing Crescent, Westgate-On-Sea, 0.3% 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 40, Charing Crescent, Westgate-On-Sea, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
