Flat 1, 160
Flat 1, 160
Description & Estimates
Public records show Flat 1, 160, Canterbury Road, Margate to be a period leasehold apartment with 602 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
Flat 1, 160, Canterbury Road, Margate has an estimated sale value of £178,085 and an estimated rental value of £871 per month, assuming reasonable condition and based on the information available.
The apartment sits within 160, Canterbury Road, Margate, CT9.
Canterbury Road, Margate, CT9 lies in the borough of Thanet, within the CT9 postal district.
Our Data Sources
Flat 1, 160, Canterbury Road, Margate has 41 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated April 2016.
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
In very good condition, we estimate Flat 1, 160, Canterbury Road, Margate would be worth £186,989, with a potential rental value of £915 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £165,619, with a rental value of £810 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 Flat 1, 160, Canterbury Road, Margate has declined by £7,171 (4.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £13 (1.5%). The property's estimated gross yield is currently 5.9%.
Energy Efficiency
Flat 1, 160, Canterbury Road, Margate has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Apr 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
Flat 1, 160, Canterbury Road, Margate last changed hands on 3rd July 2024, selling for £220,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 1.8% since July 2024.
- Sold Jul 2024£220,000
- Sold Sep 2021£150,000
- Sold Aug 2016£109,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 550 metres of Flat 1, 160, Canterbury Road, Margate across the last 2 years.
Most recently, Flat 3, 160, Canterbury Road, Margate, CT9 5DB, a leasehold flat, sold at £190,000 on the 10th November 2023.
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
Our analysis of the public data ranks Flat 1, 160, Canterbury Road, Margate as the 300th largest and the 288th most expensive of the 475 addresses on Canterbury Road, Margate, CT9.
Against the CT9 postcode district average, it is £89k less expensive than the typical property.
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Schools Nearby
- 400mGarlinge Primary School and Nursery
- 1.5kmSt Crispin's Infant School
- 1.6kmSt Saviour's Church of England Junior School
- 900mHartsdown Academy
- 2.0kmUrsuline College
- 2.4kmKing Ethelbert School
More reading links
Public Transport Nearby
Margate station is the nearest stop to Flat 1, 160, Canterbury Road, Margate at 1.2 kilometres away.
- 1.2kmMargate
- 1.3kmWestgate-on-Sea
- 3.8kmBirchington-on-Sea
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
