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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 12B, King Street, Margate is a period freehold house with 562 ft2 of internal area and sits on a 29.8 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 12B, King Street, Margate is £280,394 and the estimated rental value is £1,163 per month.
King Street, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
12B, King Street, Margate has 21 entries in the Land Registry , most recently in December 2014 and a single entry in the EPC database dated October 2008.
We combine this information with that 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.
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 12B, King Street, Margate is in very good condition we estimate a sale value of £294,414 and a rental value of £1,221 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,766 and a rental value of £1,081 per month.
Over the last 12 months the sale value of 12B King Street Margate has decreased by an estimated £10,487 (3.7%) and its rental value has increased by an estimated £21 per month (1.8%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 12B, King Street, Margate sits on a plot of 30m2.
We have plot size data on 7 out of 10 other houses in the postcode and 12B, King Street, Margate sits on the 8th largest plot.
12B, King Street, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Oct 2008.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 12B, King Street, Margate was last sold on 18th December 2014 for £165,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2014, the market for similar properties has risen 63.3%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 12B, King Street, Margate within a radius of 420 metres over the last 2 years.
The most recent example is 18, King Street, Margate, CT9 1DA, a freehold house which sold for £295,000 on the 27th October 2021.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
King Street, Margate, CT9 has a total of 119 addresses. According to our analysis of all the public data, 12B, King Street, Margate is the 61st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £14k more expensive than the average property in CT9.
The closest station to 12B, King Street, Margate is Margate station which is 900 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 12B, King Street, Margate, 64.2% of property is privately rented and 21.2% is socially rented.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 12B, King Street, Margate, 12.9% of residents are recorded as possessing school level qualifications and 33.3% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12B, King Street, Margate, the average age was 37.6 and the most common age was 2.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 12B, King Street, Margate, 0.4% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 12B, King Street, Margate, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
