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According to the public record, 71, Appledore Close, Margate is a mid-century leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 71, Appledore Close, Margate is £114,545 and the estimated rental value is £712 per month.
Appledore Close, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
71, Appledore Close, Margate has 31 entries in the Land Registry , most recently in December 2014 and a single entry in the EPC database dated May 2014.
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 71, Appledore Close, Margate is in very good condition we estimate a sale value of £120,273 and a rental value of £747 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £106,527 and a rental value of £662 per month.
Over the last 12 months the sale value of 71 Appledore Close Margate has decreased by an estimated £5,225 (4.6%) and its rental value has increased by an estimated £12 per month (1.8%), giving an expected gross yield of 7.5%.
71, Appledore Close, Margate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 71, Appledore Close, Margate was last sold on 22nd December 2014 for £69,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since December 2014, the market for similar properties has risen 107.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 71, Appledore Close, Margate within a radius of 490 metres over the last 2 years.
The most recent example is 30, Appledore Close, Margate, CT9 3RJ, a leasehold flat which sold for £125,000 on the 23rd September 2021.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Appledore Close, Margate, CT9 has a total of 83 addresses. According to our analysis of all the public data, 71, Appledore Close, Margate is the 45th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in CT9.
The closest station to 71, Appledore Close, Margate is Margate station which is 2.4 kilometres 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 71, Appledore Close, Margate, 65.0% of property is socially rented and 12.0% 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 71, Appledore Close, Margate, 32.2% of residents are recorded as possessing school level qualifications and 15.9% 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 71, Appledore Close, Margate, the average age was 38.8 and the most common age was 7.
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 71, Appledore 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 71, Appledore Close, Margate, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.