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Bricks&Logic is a trading name of Urban Markets Ltd
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 5, Mutrix Gardens, Margate is a mid-century freehold house with 699 ft2 of internal area and sits on a 367 m2 plot.
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 5, Mutrix Gardens, Margate is £274,835 and the estimated rental value is £1,212 per month.
Mutrix Gardens, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
5, Mutrix Gardens, Margate has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated August 2020.
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 5, Mutrix Gardens, Margate is in very good condition we estimate a sale value of £288,576 and a rental value of £1,273 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £255,596 and a rental value of £1,127 per month.
Over the last 12 months the sale value of 5 Mutrix Gardens Margate has decreased by an estimated £12,287 (4.5%) and its rental value has increased by an estimated £22 per month (1.8%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 5, Mutrix Gardens, Margate sits on a plot of 367m2.
We have plot size data on 12 out of 12 other houses in the postcode and 5, Mutrix Gardens, Margate sits on the 8th largest plot.
5, Mutrix Gardens, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Aug 2020.
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, 5, Mutrix Gardens, Margate was last sold on 5th March 2021 for £265,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2021, the market for similar properties has dropped 16.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Mutrix Gardens, Margate within a radius of 630 metres over the last 2 years.
The most recent example is 9, Noble Gardens, Margate, CT9 5LD, a freehold house which sold for £300,000 on the 20th October 2023.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mutrix Gardens, Margate, CT9 has a total of 14 addresses. According to our analysis of all the public data, 5, Mutrix Gardens, Margate is the 13th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in CT9.
The closest station to 5, Mutrix Gardens, Margate is Westgate-on-Sea station which is 1.0 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Mutrix Gardens, Margate, 58.1% of property is privately owned outright and 34.6% is privately owned with a mortgage.
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 5, Mutrix Gardens, Margate, 17.4% of residents are recorded as possessing school level qualifications and 26.6% 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 5, Mutrix Gardens, 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 5, Mutrix Gardens, 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 5, Mutrix Gardens, Margate, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
