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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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58, Foreland Avenue, Margate is recorded publicly as a mid-century leasehold house across 796 ft2 of internal area, sitting on a 333 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 58, Foreland Avenue, Margate is £311,480 and its rental estimate is £1,386 per month, given the available information and assuming reasonable condition.
Foreland Avenue, Margate, CT9 falls within the CT9 postal district, in the borough of Thanet.
58, Foreland Avenue, Margate has 31 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated June 2021.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 58, Foreland Avenue, Margate, we estimate a market value of £327,054 and a rental value of £1,455 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £289,676 and £1,289 per month respectively.
Over the last year, 58, Foreland Avenue, Margate has seen its estimated sale value move down by £11,290 (3.6%) and its estimated rental value increase by £26 per month (1.8%). This results in an estimated gross rental yield of 5.3%.
HM Land Registry records the plot of land for 58, Foreland Avenue, Margate as measuring 333 m2.
That makes it the 14th largest plot in the postcode, where all 18 other houses have recorded plot data.
58, Foreland Avenue, Margate has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Jun 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 58, Foreland Avenue, Margate completed on 13th April 2022 at £325,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 20.3% over the period since April 2022.
Over the past 2 years 3 properties similar to 58, Foreland Avenue, Margate have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th July 2024, was 16, St. Marys Avenue, Margate, CT9 3TN, a freehold house which sold for £350,000.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 60 addresses on Foreland Avenue, Margate, CT9, 58, Foreland Avenue, Margate comes out as the 60th largest and the 60th most expensive in our analysis of the public data.
It is also £45k more expensive than the average property across the CT9 district.
From 58, Foreland Avenue, Margate, the nearest station is Broadstairs, 2.8 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 58, Foreland Avenue, Margate, 61.8% of property is privately owned outright and 24.4% 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 58, Foreland Avenue, Margate, 9.3% of residents are recorded as possessing school level qualifications and 27.5% 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 58, Foreland Avenue, 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 58, Foreland Avenue, 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 58, Foreland Avenue, 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.
