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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, 8, Western Road, Margate is a early-century freehold house with 1,097 ft2 of internal area and sits on a 291 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Western Road, Margate is £293,056 and the estimated rental value is £1,527 per month.
Western Road, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
8, Western Road, Margate has 21 entries in the Land Registry , most recently in May 2017 and a single entry in the EPC database dated February 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 8, Western Road, Margate is in very good condition we estimate a sale value of £307,709 and a rental value of £1,603 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,542 and a rental value of £1,420 per month.
Over the last 12 months the sale value of 8 Western Road Margate has decreased by an estimated £11,169 (3.8%) and its rental value has increased by an estimated £24 per month (1.5%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 8, Western Road, Margate sits on a plot of 291m2.
We have plot size data on 34 out of 34 other houses in the postcode and 8, Western Road, Margate sits on the 26th largest plot.
8, Western Road, Margate has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Feb 2017.
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, 8, Western Road, Margate was last sold on 4th May 2017 for £232,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2017, the market for similar properties has risen 48.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Western Road, Margate within a radius of 470 metres over the last 2 years.
The most recent example is 68, Millmead Road, Margate, CT9 3QL, a freehold house which sold for £240,000 on the 7th March 2024.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Western Road, Margate, CT9 has a total of 69 addresses. According to our analysis of all the public data, 8, Western Road, Margate is the 14th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £26k more expensive than the average property in CT9.
The closest station to 8, Western Road, Margate is Margate station which is 2.5 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 8, Western Road, Margate, 45.4% of property is privately owned outright and 32.4% 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 8, Western Road, Margate, 20.8% of residents are recorded as possessing school level qualifications and 19.9% 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 8, Western Road, 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 8, Western Road, Margate, 0.8% 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 8, Western Road, Margate, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
