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According to the public record, 48, Waverley Road, Margate is a early-century freehold house with 1,216 ft2 of internal area and sits on a 163 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 48, Waverley Road, Margate is £345,001 and the estimated rental value is £1,564 per month.
Waverley Road, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
48, Waverley Road, Margate has 21 entries in the Land Registry , most recently in July 2015 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 48, Waverley Road, Margate is in very good condition we estimate a sale value of £362,251 and a rental value of £1,642 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £320,851 and a rental value of £1,455 per month.
Over the last 12 months the sale value of 48 Waverley Road Margate has decreased by an estimated £13,149 (3.8%) and its rental value has increased by an estimated £24 per month (1.5%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 48, Waverley Road, Margate sits on a plot of 163m2.
We have plot size data on 59 out of 60 other houses in the postcode and 48, Waverley Road, Margate sits on the 58th largest plot.
48, Waverley Road, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 May 2023.
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, 48, Waverley Road, Margate was last sold on 29th July 2015 for £204,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2015, the market for similar properties has risen 43.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Waverley Road, Margate within a radius of 580 metres over the last 2 years.
The most recent example is 43, Westfield Road, Margate, CT9 5PA, a freehold house which sold for £287,500 on the 16th December 2024.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Waverley Road, Margate, CT9 has a total of 62 addresses. According to our analysis of all the public data, 48, Waverley Road, Margate is the 22nd largest and the 28th most expensive property on the street.
When compared to the postcode district it is £78k more expensive than the average property in CT9.
The closest station to 48, Waverley Road, Margate is Margate station which is 1.0 kilometres 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 48, Waverley Road, Margate, 47.1% of property is privately owned with a mortgage and 40.3% 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 48, Waverley Road, Margate, 20.2% of residents are recorded as possessing school level qualifications and 30.3% 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 48, Waverley Road, Margate, the average age was 43.6 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 48, Waverley Road, 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 48, Waverley Road, Margate, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.