Flat 1, 2
Flat 1, 2
Description & Estimates
The public record lists Flat 1, 2, Second Avenue, Margate as a leasehold apartment.
Comparison with its neighbours suggests a period apartment with 702 ft2 of internal area and a garden.
In this area, apartments of this size normally have 2 bedrooms.
Flat 1, 2, Second Avenue, Margate has an estimated sale value of £178,813 and an estimated rental value of £932 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, Second Avenue, Cliftonville, Margate, CT9.
Second Avenue, Cliftonville, Margate, CT9 lies in the borough of Thanet, within the CT9 postal district.
Our Data Sources
Flat 1, 2, Second Avenue, Margate has 31 entries in the Land Registry , most recently in September 2017 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 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 1, 2, Second Avenue, Margate would be worth £187,753, with a potential rental value of £979 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £166,296, with a rental value of £867 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, 2, Second Avenue, Margate has decreased by £7,200 (4.0%) over the last year. During the same period, its estimated monthly rental value has grown by £14 (1.5%). The property's estimated gross yield is currently 6.3%.
Sold Prices
Flat 1, 2, Second Avenue, Margate last changed hands on 5th September 2017, selling for £158,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 31.0% since September 2017.
- Sold Sep 2017£158,000
- Sold Aug 2003£77,000
- Sold May 1996£17,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 420 metres of Flat 1, 2, Second Avenue, Margate across the last 2 years.
Most recently, Flat 4, Queens Lodge, Third Avenue, Margate, CT9 2LN, a leasehold flat, sold at £200,000 on the 12th September 2025.
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, 2, Second Avenue, Margate as the 16th largest and the 15th most expensive of the 30 addresses on Second Avenue, Cliftonville, Margate, CT9.
Against the CT9 postcode district average, it is £88k less expensive than the typical property.
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Schools Nearby
- 800mCliftonville Primary School
- 1.2kmMargate, Holy Trinity and St John's Church of England Primary School
- 1.4kmPalm Bay Primary School
- 2.5kmHartsdown Academy
- 3.6kmDane Court Grammar School
- 3.7kmThe Charles Dickens School
More reading links
Public Transport Nearby
Margate station is the nearest stop to Flat 1, 2, Second Avenue, Margate at 2.0 kilometres away.
- 2.0kmMargate
- 4.1kmBroadstairs
- 4.4kmWestgate-on-Sea
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
