83, Rancorn Road
83, Rancorn Road
Description & Estimates
83, Rancorn Road, Margate is recorded publicly as a period freehold house across 1,115 ft2 of internal area, sitting on a 55.9 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 83, Rancorn Road, Margate is £328,958 and its rental estimate is £1,535 per month, given the available information and assuming reasonable condition.
Rancorn Road, Margate, CT9 falls within the CT9 postal district, in the borough of Thanet.
Our Data Sources
83, Rancorn Road, Margate has 61 entries in the Land Registry , most recently in March 2012 and a single entry in the EPC database dated June 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 83, Rancorn Road, Margate, we estimate a market value of £345,406 and a rental value of £1,612 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £305,931 and £1,428 per month respectively.
Recent Market Change
Over the last year, 83, Rancorn Road, Margate has seen its estimated sale value drop by £12,537 (3.8%) and its estimated rental value rise by £24 per month (1.5%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 83, Rancorn Road, Margate as measuring 56 m2.
That makes it the 29th largest plot in the postcode, where all 28 other houses have recorded plot data.
Energy Efficiency
83, Rancorn Road, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jun 2010.
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 83, Rancorn Road, Margate completed on 2nd March 2012 at £139,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 6 times.
Values of comparable properties have risen by 74.6% over the period since March 2012.
- Sold Mar 2012£139,000
- Sold May 2005£146,000
- Sold Jun 2002£89,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 83, Rancorn Road, Margate have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th May 2024, was 87, Rancorn Road, Margate, CT9 5DQ, a freehold house which sold for £173,000.
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 61 addresses on Rancorn Road, Margate, CT9, 83, Rancorn Road, Margate comes out as the 33rd largest and the 33rd most expensive in our analysis of the public data.
It is also £62k more expensive than the average property across the CT9 district.
More reading links
Schools Nearby
- 600mGarlinge Primary School and Nursery
- 1.5kmSalmestone Primary School
- 1.5kmSt Gregory's Catholic Primary School, Margate
- 700mHartsdown Academy
- 2.5kmUrsuline College
- 2.9kmKing Ethelbert School
More reading links
Public Transport Nearby
From 83, Rancorn Road, Margate, the nearest station is Margate, 700 metres away.
- 700mMargate
- 1.7kmWestgate-on-Sea
- 4.3kmBirchington-on-Sea
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
