42A, Fort Hill
42A, Fort Hill
Description & Estimates
42A, Fort Hill, Margate is recorded publicly as a modern leasehold apartment across 204 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 42A, Fort Hill, Margate is £119,674 and its rental estimate is £550 per month, given the available information and assuming reasonable condition.
Fort Hill, Margate, CT9 falls within the CT9 postal district, in the borough of Thanet.
Our Data Sources
42A, Fort Hill, Margate has a single entry in the Land Registry from January 2016 and a single entry in the EPC database dated August 2023.
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.
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 42A, Fort Hill, Margate, we estimate a market value of £125,657 and a rental value of £578 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £111,297 and £512 per month respectively.
Recent Market Change
Over the last year, 42A, Fort Hill, Margate has seen its estimated sale value decrease by £3,567 (3.0%) and its estimated rental value grow by £14 per month (2.6%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
42A, Fort Hill, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Aug 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 42A, Fort Hill, Margate completed on 29th January 2016 at £199,995 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 28.5% over the period since January 2016.
- Sold Jan 2016£199,995
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 460 metres of 42A, Fort Hill, Margate, per the Land Registry and our network of Estate Agents.
The latest, on the 29th February 2024, was Flat 1, The Arcadian 42, Fort Hill, Margate, CT9 1HJ, a leasehold flat which sold for £240,000.
Read more about house prices in CT9.
- Sold Feb 2024£240,000 | 2 Bed FlatThe Arcadian 42, Fort HillFlat 1, The Arcadian 42, Fort Hill, Margate, CT9 1HJ
- Sold Dec 2020£175,000 | 2 Bed FlatThe Arcadian 42, Fort HillFlat 8, The Arcadian 42, Fort Hill, Margate, CT9 1HJ
- Sold Mar 2020£157,000 | 2 Bed FlatThe Arcadian 42, Fort HillFlat 11, The Arcadian 42, Fort Hill, Margate, CT9 1HJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 55 addresses on Fort Hill, Margate, CT9, 42A, Fort Hill, Margate comes out as the 55th largest and the 54th most expensive in our analysis of the public data.
It is also £147k less expensive than the average property across the CT9 district.
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Schools Nearby
- 600mMargate, Holy Trinity and St John's Church of England Primary School
- 1.4kmSalmestone Primary School
- 1.5kmDrapers Mills Primary Academy
- 1.6kmHartsdown Academy
- 4.1kmUrsuline College
- 4.2kmDane Court Grammar School
More reading links
Public Transport Nearby
From 42A, Fort Hill, Margate, the nearest station is Margate, 1.0 kilometres away.
- 1.0kmMargate
- 3.3kmWestgate-on-Sea
- 4.9kmBroadstairs
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.
