Flat 1, 159
Flat 1, 159
Description & Estimates
According to the public record, Flat 1, 159, High Street, Margate is a mid-century apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 159, High Street, Margate is £106,791 and the estimated rental value is £731 per month.
The apartment is within 159, High Street, Garlinge, Margate, CT9.
High Street, Garlinge, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Our Data Sources
Flat 1, 159, High Street, Margate has no records in the the Land Registry and a single entry in the EPC database dated April 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Flat 1, 159, High Street, Margate is in very good condition we estimate a sale value of £112,130 and a rental value of £768 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £99,315 and a rental value of £680 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, 159, High Street, Margate has dropped by £4,324 (4.0%), while its estimated rental value has risen by £14 per month (1.9%). Based on current estimates, the property offers a gross rental yield of 8.2%.
Energy Efficiency
Flat 1, 159, High Street, Margate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Apr 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
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 159, High Street, Margate within a radius of 390 metres over the last 2 years.
The most recent example is Flat 1, 147, High Street, Margate, CT9 1JX, a leasehold flat which sold for £130,000 on the 16th May 2022.
Read more about house prices in CT9.
- Sold May 2022£130,000 | 1 Bed FlatFlat 1, 147, High Street, Margate, CT9 1JXFlat 1, 147, High Street, Margate, CT9 1JX
- Sold May 2022£130,000 | 2 Bed FlatFlat 2, 8, Marine Gardens, Margate, CT9 1UNFlat 2, 8, Marine Gardens, Margate, CT9 1UN
- Sold Nov 2017£87,000 | 2 Bed FlatFlat 3, 13, Churchfields, Margate, CT9 1LSFlat 3, 13, Churchfields, Margate, CT9 1LS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
High Street, Garlinge, Margate, CT9 has a total of 403 addresses. According to our analysis of all the public data, Flat 1, 159, High Street, Margate is the 333rd largest and the 373rd most expensive property on the street.
When compared to the postcode district it is £160k less expensive than the average property in CT9.
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Schools Nearby
- 200mMargate, Holy Trinity and St John's Church of England Primary School
- 700mSalmestone Primary School
- 1.0kmDrapers Mills Primary Academy
- 1.1kmHartsdown Academy
- 3.6kmDane Court Grammar School
- 3.8kmThe Charles Dickens School
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Public Transport Nearby
The closest station to Flat 1, 159, High Street, Margate is Margate station, which is 700 metres away.
- 700mMargate
- 3.1kmWestgate-on-Sea
- 4.4kmBroadstairs
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
