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According to the public record, 5, Princes Gardens, Margate is a early-century freehold house with 807 ft2 of internal area and sits on a 643 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, Princes Gardens, Margate is £304,674 and the estimated rental value is £1,349 per month.
Princes Gardens, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
5, Princes Gardens, Margate has 21 entries in the Land Registry , most recently in May 2016 and a single entry in the EPC database dated November 2015.
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 5, Princes Gardens, Margate is in very good condition we estimate a sale value of £319,908 and a rental value of £1,416 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £283,347 and a rental value of £1,254 per month.
Over the last 12 months the sale value of 5 Princes Gardens Margate has decreased by an estimated £13,621 (4.5%) and its rental value has increased by an estimated £25 per month (1.8%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 5, Princes Gardens, Margate sits on a plot of 643m2.
We have plot size data on 22 out of 22 other houses in the postcode and 5, Princes Gardens, Margate sits on the 2nd largest plot.
5, Princes Gardens, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Nov 2015.
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, Princes Gardens, Margate was last sold on 27th May 2016 for £275,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2016, the market for similar properties has dropped 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Princes Gardens, Margate within a radius of 570 metres over the last 2 years.
The most recent example is 1, Omer Avenue, Margate, CT9 3BU, a freehold house which sold for £429,000 on the 9th March 2022.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Princes Gardens, Margate, CT9 has a total of 47 addresses. According to our analysis of all the public data, 5, Princes Gardens, Margate is the 43rd largest and the 39th most expensive property on the street.
When compared to the postcode district it is £39k more expensive than the average property in CT9.
The closest station to 5, Princes Gardens, Margate is Margate station which is 2.4 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 5, Princes Gardens, Margate, 57.3% of property is privately owned outright and 35.5% 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, Princes Gardens, Margate, 10.7% of residents are recorded as possessing school level qualifications and 37.4% 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, Princes Gardens, Margate, the average age was 49.7 and the most common age was 72.
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, Princes 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, Princes Gardens, Margate, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
