8, The Spinney
8, The Spinney
Description & Estimates
8, The Spinney, Margate is recorded publicly as a modern freehold house across 753 ft2 of internal area, sitting on a 250 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, The Spinney, Margate is £312,299 and its rental estimate is £1,295 per month, given the available information and assuming reasonable condition.
The Spinney, Cliftonville, Margate, CT9 falls within the CT9 postal district, in the borough of Thanet.
Our Data Sources
8, The Spinney, Margate has 31 entries in the Land Registry , most recently in November 2018 and a single entry in the EPC database dated May 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 8, The Spinney, Margate, we estimate a market value of £327,914 and a rental value of £1,359 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £290,438 and £1,204 per month respectively.
Recent Market Change
Over the last year, 8, The Spinney, Margate has seen its estimated sale value move down by £11,320 (3.6%) and its estimated rental value increase by £24 per month (1.8%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 8, The Spinney, Margate as measuring 250 m2.
That makes it the 7th largest plot in the postcode, where 11 of the 12 other houses have recorded plot data.
Energy Efficiency
8, The Spinney, Margate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 May 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, The Spinney, Margate completed on 21st November 2018 at £245,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 0.9% over the period since November 2018.
- Sold Nov 2018£245,000
- Sold May 2001£91,000
- Sold Jul 1996£68,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, The Spinney, Margate have sold within a radius of 670 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th May 2025, was 10, Egerton Drive, Margate, CT9 3YE, a freehold house which sold for £380,000.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 13 addresses on The Spinney, Cliftonville, Margate, CT9, 8, The Spinney, Margate comes out as the 11th largest and the 10th most expensive in our analysis of the public data.
It is also £46k more expensive than the average property across the CT9 district.
More reading links
Schools Nearby
- 800mPalm Bay Primary School
- 1.1kmNorthdown Primary School
- 1.2kmCliftonville Primary School
- 2.5kmThe Charles Dickens School
- 2.5kmDane Court Grammar School
- 3.8kmHartsdown Academy
More reading links
Public Transport Nearby
From 8, The Spinney, Margate, the nearest station is Broadstairs, 2.6 kilometres away.
- 2.6kmBroadstairs
- 3.6kmMargate
- 4.2kmDumpton Park
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
