97A, Canterbury Road
97A, Canterbury Road
Description & Estimates
97A, Canterbury Road, Margate is recorded publicly as a period leasehold apartment across 1,097 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 97A, Canterbury Road, Margate is £205,576 and its rental estimate is £1,037 per month, given the available information and assuming reasonable condition.
97, Canterbury Road is a residential building on Canterbury Road, Margate, CT9 and falls within the CT9 postal district and the borough of Thanet.
Our Data Sources
97A, Canterbury Road, Margate has 21 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated October 2019.
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
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 97A, Canterbury Road, Margate, we estimate a market value of £215,854 and a rental value of £1,089 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £191,185 and £965 per month respectively.
Recent Market Change
Over the last year, 97A, Canterbury Road, Margate has seen its estimated sale value fall by £10,888 (5.3%) and its estimated rental value move down by £1 per month (0.1%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
97A, Canterbury Road, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Oct 2019.
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 97A, Canterbury Road, Margate completed on 16th November 2022 at £230,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 33.4% over the period since November 2022.
- Sold Nov 2022£230,000
- Sold Nov 1999£59,900
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 97A, Canterbury Road, Margate have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd August 2023, was Flat 2, 5, Canterbury Road, Margate, CT9 5AQ, a leasehold flat which sold for £265,000.
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
Of the 475 addresses on Canterbury Road, Margate, CT9, 97A, Canterbury Road, Margate comes out as the 123rd largest and the 237th most expensive in our analysis of the public data.
It is also £61k less expensive than the average property across the CT9 district.
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Schools Nearby
- 900mGarlinge Primary School and Nursery
- 1.2kmSalmestone Primary School
- 1.2kmMargate, Holy Trinity and St John's Church of England Primary School
- 600mHartsdown Academy
- 2.9kmUrsuline College
- 3.2kmKing Ethelbert School
More reading links
Public Transport Nearby
From 97A, Canterbury Road, Margate, the nearest station is Margate, 300 metres away.
- 300mMargate
- 2.0kmWestgate-on-Sea
- 4.6kmBirchington-on-Sea
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.
