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There is insufficient data available to provide accurate value estimates for 5, Park Place, Margate.
You can Login to provide an accurate description to improve estimates in the area.
Based on Sales and Lets nearby, it is likely that the sale value lies somewhere between £190k and £225k and the monthly rental value between £1.1k and £1.2k pcm.
Park Place, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
5, Park Place, Margate has no records in either the Land Registry or EPC database.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
There is limited information for 5 Park Place 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, 5, Park Place, Margate sits on a plot of 76m2.
We have plot size data on 29 out of 38 other houses in the postcode and 5, Park Place, Margate sits on the 9th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 410 metres radius of 5, Park Place, Margate over the last 2 years.
The most recent example is 8, Park Place, Margate, CT9 1LE, a freehold house which sold for £192,888 on the 23rd September 2022.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The closest station to 5, Park Place, Margate is Margate station which is 700 metres 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 5, Park Place, Margate, 65.3% of property is privately rented and 12.5% 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 5, Park Place, Margate, 20.7% 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, Park Place, Margate, the average age was 37.2 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 5, Park Place, 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, Park Place, Margate, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.