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According to the public record, 7, Turners Close, Margate is a modern freehold house with 1,776 ft2 of internal area and sits on a 1,023 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Turners Close, Margate is £555,150 and the estimated rental value is £2,002 per month.
Turners Close, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
7, Turners Close, Margate has a single entry in the Land Registry from January 2020 and a single entry in the EPC database dated February 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 7, Turners Close, Margate is in very good condition we estimate a sale value of £582,907 and a rental value of £2,102 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £516,289 and a rental value of £1,862 per month.
Over the last 12 months the sale value of 7 Turners Close Margate has decreased by an estimated £31,649 (5.7%) and its rental value has increased by an estimated £29 per month (1.5%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 7, Turners Close, Margate sits on a plot of 1023m2.
We have plot size data on 7 out of 7 other houses in the postcode and 7, Turners Close, Margate sits on the largest plot.
7, Turners Close, Margate has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Feb 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 7, Turners Close, Margate was last sold on 17th January 2020 for £462,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2020, the market for similar properties has risen 10.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Turners Close, Margate within a radius of 640 metres over the last 2 years.
The most recent example is 6, Turners Close, Margate, CT9 4FR, a freehold house which sold for £440,000 on the 16th December 2019.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Turners Close, Margate, CT9 has a total of 7 addresses. According to our analysis of all the public data, 7, Turners Close, Margate is the 3rd largest and the most expensive property on the street.
When compared to the postcode district it is £289k more expensive than the average property in CT9.
The closest station to 7, Turners Close, Margate is Margate station which is 1.2 kilometres away.
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 7, Turners Close, Margate, 46.0% of property is privately owned outright and 40.5% 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 7, Turners Close, Margate, 15.3% of residents are recorded as possessing school level qualifications and 24.3% 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 7, Turners Close, Margate, the average age was 39.2 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 7, Turners Close, 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 7, Turners Close, 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.