48A, Canterbury Road
48A, Canterbury Road
Description & Estimates
The public record describes 48A, Canterbury Road, Margate as a mid-century apartment with 538 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
48A, Canterbury Road, Margate has an estimated sale value of £283,198 and an estimated rental value of £1,278 per month, assuming reasonable condition and based on the information available.
Canterbury Road, Margate, CT9 lies in the borough of Thanet, within the CT9 postal district.
Our Data Sources
48A, Canterbury Road, Margate has no records in the the Land Registry and a single entry in the EPC database dated May 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 48A, Canterbury Road, Margate would be worth £297,358, with a potential rental value of £1,342 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £263,374, with a rental value of £1,189 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 48A, Canterbury Road, Margate has declined by £11,467 (4.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £24 (1.9%). The property's estimated gross yield is currently 5.4%.
Energy Efficiency
48A, Canterbury Road, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 600 metres of 48A, Canterbury Road, Margate across the last 2 years.
Most recently, Flat 3, 5, Sea View Terrace, Margate, CT9 5BJ, a leasehold flat, sold at £245,000 on the 30th March 2022.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 48A, Canterbury Road, Margate as the 342nd largest and the 168th most expensive of the 475 addresses on Canterbury Road, Margate, CT9.
Against the CT9 postcode district average, it is £16k more expensive than the typical property.
More reading links
Schools Nearby
- 800mGarlinge Primary School and Nursery
- 1.3kmSalmestone Primary School
- 1.3kmSt Gregory's Catholic Primary School, Margate
- 600mHartsdown Academy
- 2.8kmUrsuline College
- 3.1kmKing Ethelbert School
More reading links
Public Transport Nearby
Margate station is the nearest stop to 48A, Canterbury Road, Margate at 400 metres away.
- 400mMargate
- 1.9kmWestgate-on-Sea
- 4.5kmBirchington-on-Sea
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
