Our Data Sources
Flat 1, 2, Royal Esplanade, Margate has a single entry in the Land Registry from March 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, 2, Royal Esplanade, Margate is in very good condition we estimate a sale value of £224,284 and a rental value of £999 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £198,652 and a rental value of £885 per month.
Sold Prices
According to HM Land Registry, Flat 1, 2, Royal Esplanade, Margate was last sold on 15th March 2016 for £62,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2016, the market for similar properties has risen by 8.2%.
- Sold Mar 2016£62,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 6 sales of properties similar to Flat 1, 2, Royal Esplanade, Margate within a radius of 630 metres since 2012.
The most recent example is Flat 3, 12, Sea View Terrace, Margate, CT9 5BJ, a leasehold flat which sold for £170,000 on the 8th October 2020.
Read more about house prices in CT9.
- Sold Oct 2020£170,000 | 1 Bed FlatFlat 3, 12, Sea View Terrace, Margate, CT9 5BJFlat 3, 12, Sea View Terrace, Margate, CT9 5BJ
- Sold Sep 2017£106,000 | 1 Bed FlatFlat 4, 15, Sea View Terrace, Margate, CT9 5BJFlat 4, 15, Sea View Terrace, Margate, CT9 5BJ
- Sold Feb 2016£135,000 | 1 Bed FlatFlat 2, 2, Station Road, Margate, CT9 5AFFlat 2, 2, Station Road, Margate, CT9 5AF
- Sold Aug 2014£371,000 | 2 Bed FlatFlat 1, 11, Royal Esplanade, Margate, CT9 5DWFlat 1, 11, Royal Esplanade, Margate, CT9 5DW
- Sold Jul 2014£62,500 | 1 Bed FlatFlat 2, 2, Royal Esplanade, Margate, CT9 5DLFlat 2, 2, Royal Esplanade, Margate, CT9 5DL
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £288,262, ranging from £194,437 to £600,112.
- Flat 4, 2 Royal Esplanade
2 Bed Flat | 0 m | Est. Value: £242,800
- Flat 3, 2 Royal Esplanade
1 Bed Flat | 0 m | Est. Value: £194,437
- Flat 2, 2 Royal Esplanade
1 Bed Flat | 0 m | Est. Value: £206,544
- Flat 3, 5 Royal Esplanade
2 Bed Flat | 19 m | Est. Value: £262,938
- Flat 2, 5 Royal Esplanade
3 Bed Flat | 19 m | Est. Value: £321,453
Location Comparison
Royal Esplanade, Margate, CT9 has a total of 107 addresses. According to our analysis of all the public data, Flat 1, 2, Royal Esplanade, Margate is the 105th largest and the 95th most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in CT9.
More reading links
Schools Nearby
- Garlinge Primary School and Nursery800 m away
- Salmestone Primary School1.4 km away
- Margate, Holy Trinity and St John's Church of England Primary School1.5 km away
- Hartsdown Academy700 m away
- Ursuline College2.7 km away
- King Ethelbert School3.0 km away
More reading links
Public Transport Nearby
- Margate|600 m away
- Westgate-on-Sea|1.8 km away
- Birchington-on-Sea|4.4 km away
Available Internet Speeds
According to recent data from Ofcom, Ultrafast Broadband is available in this area.
According to recent data from Ofcom, Ultrafast Broadband available in this area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be Very Low.
