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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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According to the public record, 59, George V Avenue, Margate is an early-century freehold house with 1,049 ft2 of internal area and sits on a 425 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 59, George V Avenue, Margate is £321,340 and the estimated rental value is £1,482 per month.
George V Avenue, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
59, George V Avenue, Margate has a single entry in the Land Registry from August 2009 and a single entry in the EPC database dated October 2008.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 59, George V Avenue, Margate is in very good condition we estimate a sale value of £337,407 and a rental value of £1,556 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £298,846 and a rental value of £1,378 per month.
Over the past 12 months, the estimated sale value of 59, George V Avenue, Margate has declined by £11,647 (3.6%), while its estimated rental value has climbed by £27 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 5.5%.
According to data from HM Land Registry, 59, George V Avenue, Margate sits on a plot of 425 m2.
We have plot size data on 22 out of 22 other houses in the postcode and 59, George V Avenue, Margate sits on the 7th largest plot.
59, George V Avenue, Margate has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Oct 2008.
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, 59, George V Avenue, Margate was last sold on 21st August 2009 for £150,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2009, the market for similar properties has risen by 67.9%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, George V Avenue, Margate within a radius of 650 metres over the last 2 years.
The most recent example is 3, Argyle Avenue, Margate, CT9 5RW, a freehold house which sold for £345,000 on the 18th December 2024.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
George V Avenue, Margate, CT9 has a total of 64 addresses. According to our analysis of all the public data, 59, George V Avenue, Margate is the 56th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in CT9.
The closest station to 59, George V Avenue, 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 59, George V Avenue, Margate, 50.0% of property is privately owned with a mortgage and 42.2% 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 59, George V Avenue, Margate, 19.6% of residents are recorded as possessing school level qualifications and 22.1% 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 59, George V Avenue, 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 59, George V Avenue, Margate, 0.6% 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 59, George V Avenue, 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.
