31A, Richmond Avenue
31A, Richmond Avenue
Description & Estimates
According to the public record, 31A, Richmond Avenue, Margate is a period freehold house with 1,334 ft2 of internal area and sits on a 616 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 31A, Richmond Avenue, Margate is £386,471 and the estimated rental value is £1,648 per month.
Richmond Avenue, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Our Data Sources
31A, Richmond Avenue, Margate has 41 entries in the Land Registry , most recently in May 2022 and a single entry in the EPC database dated November 2021.
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
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 31A, Richmond Avenue, Margate is in very good condition we estimate a sale value of £405,795 and a rental value of £1,731 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,418 and a rental value of £1,533 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 31A, Richmond Avenue, Margate has moved down by £14,729 (3.8%), while its estimated rental value has increased by £25 per month (1.5%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Plot Size
According to data from HM Land Registry, 31A, Richmond Avenue, Margate sits on a plot of 616 m2.
We have plot size data on 25 out of 25 other houses in the postcode and 31A, Richmond Avenue, Margate sits on the 2nd largest plot.
Energy Efficiency
31A, Richmond Avenue, Margate has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 31A, Richmond Avenue, Margate was last sold on 23rd May 2022 for £441,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since May 2022, the market for similar properties has dropped by 6.5%.
- Sold May 2022£441,000
- Sold Apr 2007£219,000
- Sold Aug 2001£89,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31A, Richmond Avenue, Margate within a radius of 430 metres over the last 2 years.
The most recent example is 10, Richmond Avenue, Margate, CT9 2NG, a freehold house which sold for £402,500 on the 8th July 2024.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Richmond Avenue, Margate, CT9 has a total of 35 addresses. According to our analysis of all the public data, 31A, Richmond Avenue, Margate is the 9th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £120k more expensive than the average property in CT9.
More reading links
Schools Nearby
- 400mCliftonville Primary School
- 600mNorthdown Primary School
- 700mDrapers Mills Primary Academy
- 2.2kmHartsdown Academy
- 2.8kmDane Court Grammar School
- 2.9kmThe Charles Dickens School
More reading links
Public Transport Nearby
The closest station to 31A, Richmond Avenue, Margate is Margate station, which is 2.0 kilometres away.
- 2.0kmMargate
- 3.4kmBroadstairs
- 4.3kmWestgate-on-Sea
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
